{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-030859","form_type":"8-K","ticker":"LOVE","cik":"0001701758","company_name":"Lovesac Co","filed_at":"2025-06-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.393017+00:00","generated_at":"2026-05-19T10:49:23.758395+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Lovesac Q1 FY2026 net sales up 4.3% to $138.4M; net loss narrows to $10.8M","bullets":["Net sales rose 4.3% to $138.4M; showroom revenue +18.2% to $96.5M, internet -8.9%.","Net loss improved to $10.8M from $13.0M; diluted EPS -$0.73 vs -$0.83.","Gross margin 53.7% vs 54.3%, down 60 bps; SG&A as % of sales improved 310 bps to 48.5%.","Adjusted EBITDA -$8.4M vs -$10.3M; net cash used in operations worsened to -$41.4M from -$7.0M.","Launched EverCouch platform for armchair, loveseat, sofa category, effectively doubling addressable market."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-030859","json":"https://secwatch.observer/filing/0001628280-25-030859.json","markdown":"https://secwatch.observer/filing/0001628280-25-030859.md","text":"https://secwatch.observer/filing/0001628280-25-030859.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1701758/000162828025030859/0001628280-25-030859-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1701758/000162828025030859/love-20250612.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T10:49:23.758395+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}