secwatch.observer — SEC 8-K summary
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Issuer:     Lovesac Co (LOVE)
CIK:        0001701758
Form:       8-K
Filed at:   2026-06-11T11:01:12+00:00
Accession:  0001628280-26-042363
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lovesac Q1 net loss $11.1M, sales flat at $138.2M; refines FY27 outlook
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701758/000162828026042363/0001628280-26-042363-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701758/000162828026042363/love-20260611.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-042363

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer