{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-021185","form_type":"8-K","ticker":"LOVE","cik":"0001701758","company_name":"Lovesac Co","filed_at":"2026-03-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.937418+00:00","generated_at":"2026-05-15T08:51:12.330243+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 Q4 net sales up 2.7% to $248M; net income down 9.1%; announces $40M buyback","bullets":["Q4 net sales $248.0M (+2.7% YoY); full year $697.1M (+2.4%).","Q4 net income $32.1M (-9.1% YoY); diluted EPS $2.19 vs $2.13 (+2.8%).","Full year net income $4.1M (-64.8%); Adjusted EBITDA $36.1M (-24.5%).","Gross margin contracted 230 bps in Q4 to 58.1%; full year 56.4% (-210 bps).","Board authorized new $40M share repurchase program; record year-end cash, no debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-021185","json":"https://secwatch.observer/filing/0001628280-26-021185.json","markdown":"https://secwatch.observer/filing/0001628280-26-021185.md","text":"https://secwatch.observer/filing/0001628280-26-021185.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1701758/000162828026021185/0001628280-26-021185-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1701758/000162828026021185/love-20260326.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:51:12.330243+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":[{"claim_id":"cecf35de9cbdbc4598a7c1ee0d1f3341650a3e8a","claim":"Lovesac Co reported the fourth quarter and fiscal year 2026, which ended February 1, 2026 results: revenue $248.0 million, net income $32.1 million, EPS $2.19 per share.","evidence_excerpt":"specific reference in that filing. --- EX-99.1 (EX-99.1) --- THE LOVESAC COMPANY REPORTS FOURTH QUARTER AND FISCAL 2026 FINANCIAL RESULTS Q4 FY26 Net Sales Increased 2.7% to $248.0 million vs. Q4 FY25 FY26 Net Sales Increased 2.4% to $697.1 million vs. FY25 Announces New $40 million Share Repurchase Authorization STAMFORD, Co nn., March 26, 2026 (GLOBE NEWSWIRE) --","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828026021185/0001628280-26-021185-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and fiscal year 2026, which ended February 1, 2026"},{"label":"Revenue","value":"$248.0 million"},{"label":"Net income","value":"$32.1 million"},{"label":"EPS","value":"$2.19 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}