{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-056422","form_type":"8-K","ticker":"LOVE","cik":"0001701758","company_name":"Lovesac Co","filed_at":"2025-12-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.190272+00:00","generated_at":"2026-05-16T13:31:13.274187+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Lovesac Q3 FY26 net loss widens to $10.6M; adjusted EBITDA swings to -$6.0M","bullets":["Net sales flat at $150.2M (+0.2% YoY); showroom sales +12.8% to $102.7M, internet -16.9% to $37.3M.","Gross margin fell 240 bps to 56.1% due to promotional mix; gross profit down 3.9% to $84.2M.","Net loss $10.6M ($0.72/share) vs. $4.9M loss last year; adjusted EBITDA loss $6.0M vs. $2.7M gain.","Operating expenses rose 4.9% to $100.0M; SG&A +4.5%, advertising +5.7% as % of sales increased.","CEO cited market share gains and solid Q4-to-date (Black Friday/Cyber Monday); goal of 3M households by 2030."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-056422","json":"https://secwatch.observer/filing/0001628280-25-056422.json","markdown":"https://secwatch.observer/filing/0001628280-25-056422.md","text":"https://secwatch.observer/filing/0001628280-25-056422.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1701758/000162828025056422/0001628280-25-056422-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1701758/000162828025056422/love-20251211.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:31:13.274187+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"}