{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-042363","form_type":"8-K","ticker":"LOVE","cik":"0001701758","company_name":"Lovesac Co","filed_at":"2026-06-11T11:01:12+00:00","discovered_at":"2026-06-11T11:05:00.248151+00:00","generated_at":"2026-06-11T11:07:46.717184+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Lovesac Q1 net loss $11.1M, sales flat at $138.2M; refines FY27 outlook","bullets":["Net sales $138.2M, down 0.1% YoY; gross margin 52.1% vs 53.7% (down 160 bps).","Net loss $11.1M ($0.76 diluted loss per share) vs $10.8M loss year ago.","Adjusted EBITDA loss $10.5M vs $8.4M loss last year, down 24.8%.","Showroom sales $97.1M (+0.6%), Internet $35.7M (+7.1%), Other $5.5M (-36.3%).","Plans domestic production of Sactional seat inserts starting summer 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-042363","json":"https://secwatch.observer/filing/0001628280-26-042363.json","markdown":"https://secwatch.observer/filing/0001628280-26-042363.md","text":"https://secwatch.observer/filing/0001628280-26-042363.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1701758/000162828026042363/0001628280-26-042363-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1701758/000162828026042363/love-20260611.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T11:07:46.717184+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":"2d6a4cb16e0b2a2c0b010f5b8fa3be02fd42bdc3","claim":"Lovesac Co reported first quarter of fiscal year 2027, which ended May 3, 2026 results: revenue $138.2M, net income $(11.1), EPS $(0.76).","evidence_excerpt":"be expressly set forth by specific reference in that filing. --- EX-99.1 (EX-99.1) --- THE LOVESAC COMPANY REPORTS FIRST QUARTER FISCAL 2027 FINANCIAL RESULTS Q1 Net Sales of $138.2M Advances Strategic Growth Initiatives with Record Product Launches Ahead; Refines FY27 Outlook STAMFORD, Conn., June 11, 2026 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq:","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1701758/000162828026042363/0001628280-26-042363-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal year 2027, which ended May 3, 2026"},{"label":"Revenue","value":"$138.2M"},{"label":"Net income","value":"$(11.1)"},{"label":"EPS","value":"$(0.76)"},{"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"}