secwatch.observer — SEC 8-K summary
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Issuer:     Lovesac Co (LOVE)
CIK:        0001701758
Form:       8-K
Filed at:   2025-09-11T23:59:59+00:00
Accession:  0001701758-25-000015
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lovesac Q2 FY26 net sales $160.5M (+2.5% YoY); net loss widens to $6.7M, EPS -$0.45
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- Gross margin 56.4%, down 260 bps YoY; gross profit $90.6M (-1.9%).
- Showroom sales up 10.4% to $109.1M; internet sales down 4.1% to $42.5M.
- Adjusted EBITDA $0.8M, down 44% from $1.5M in Q2 FY25.
- SG&A leverage improved 210 bps to 44.9% of sales; ad spend held at 14.6%.
- CEO cites market share gains and tariff headwinds; no formal FY guidance provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701758/000170175825000015/0001701758-25-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701758/000170175825000015/love-20250911.htm
  HTML page:      https://secwatch.observer/filing/0001701758-25-000015

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