secwatch.observer — SEC 8-K summary
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Issuer:     Lovesac Co (LOVE)
CIK:        0001701758
Form:       8-K
Filed at:   2026-03-26T23:59:59+00:00
Accession:  0001628280-26-021185
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lovesac Q4 net sales up 2.7% to $248M; net income down 9.1%; announces $40M buyback
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701758/000162828026021185/0001628280-26-021185-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701758/000162828026021185/love-20260326.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-021185

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