Every 8-K that The Lovesac Company (LOVE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow LOVE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LOVE filings page.
Lovesac Co (LOVE) reported second quarter fiscal 2027 results showing a sharp profitability improvement driven largely by tariff refunds, despite essentially flat sales. Q2 net sales were $161.2 million, up 0.4% year over year, as 14 net new showrooms offset a 1.9% decline in omni-channel comparable net sales and the closure of Best Buy shop-in-shop locations.
Gross profit rose to $110.3 million and gross margin expanded to 68.4% from 56.4%, primarily due to $21.0 million of IEEPA tariff refunds and related interest; excluding these recoveries, Q2 gross margin was 56.0%, slightly below last year. Operating income was $10.9 million versus a loss of $8.8 million, and net income was $7.4 million, or $0.51 per diluted share, compared with a $6.7 million loss, with $0.86 per share of benefit from tariff refunds.
Year-to-date, net sales were $299.4 million, up 0.2%, and the company reduced its net loss to $3.7 million from $17.5 million, while Adjusted EBITDA was a loss of $11.8 million. Lovesac ended the quarter with $68.8 million in cash and no debt. For full-year fiscal 2027, management projects net sales of $690–$710 million, net income of $14.5–$18.5 million, Adjusted EBITDA of $31.5–$35.5 million, and diluted EPS of $0.98–$1.26, but expects a net loss of $9–$12 million in the third quarter.
The Lovesac Company is implementing a planned CFO transition. The board appointed Andrew Farag as Executive Vice President, Chief Financial Officer, Treasurer and principal accounting officer, effective June 15, 2026. He brings more than 20 years of finance and operational leadership experience across consulting and corporate CFO/COO roles.
Farag’s compensation includes a $560,000 base salary, an annual cash incentive targeted at 70% of salary (capped at 140%), and annual RSU grants with a grant-date value of about $791,000, plus a $255,000 cash signing bonus and a one-time RSU grant of about $450,000. Outgoing CFO Keith Siegner will resign effective June 15, 2026 and remain in a non-executive role through June 22, 2026.
Under a Separation Agreement, Siegner is eligible for $576,800 in cash severance paid over 12 months, accelerated vesting of 3,189 time-based RSUs and 2,963 performance-based RSUs granted in 2023, and up to 12 months of subsidized COBRA benefits. The company states his departure is not related to financial or accounting issues or any disagreement on operations, policies or practices, and it reaffirmed previously issued second-quarter and full-year fiscal 2027 financial guidance.
The Lovesac Company reported first quarter fiscal 2027 results with net sales of $138.2 million, essentially flat compared to $138.4 million a year earlier as showroom growth offset the closure of Best Buy shop-in-shops and a 1.0% decline in omni-channel comparable net sales.
Gross profit declined to $72.0 million and gross margin slipped to 52.1% from 53.7%, pressured by higher inbound, outbound and warehousing costs despite better product margin from pricing and cost reductions. Operating expenses were stable at $89.3 million, with slightly higher SG&A and lower advertising and marketing spend.
The company posted a net loss of $11.1 million, or $(0.76) per share, versus a $10.8 million loss, or $(0.73) per share, and Adjusted EBITDA of $(10.5) million versus $(8.4) million. Cash and cash equivalents rose to $57.0 million, while inventory decreased to $109.3 million.
For full-year fiscal 2027, Lovesac expects net sales between $700 million and $740 million, Adjusted EBITDA between $35 million and $46 million, and net income between $5 million and $12 million, implying diluted EPS of $0.34 to $0.81. Second quarter guidance calls for net sales of $157 million to $166 million and a net loss of $3 million to $7 million.
The Lovesac Company reported the results of its 2026 Annual Meeting of Stockholders held on June 9, 2026. Stockholders elected eight directors to the Board, including Alan Boehme, Wan Ling Martello, and CEO Shawn Nelson, with each nominee receiving strong majority support.
Stockholders gave advisory approval to the Company’s fiscal 2026 executive compensation, with 6,759,080 votes for, 2,563,546 against, and 2,954 abstentions, plus 1,922,827 broker non-votes. They also ratified Deloitte & Touche LLP as independent auditor for the fiscal year ending January 31, 2027, with 11,204,442 votes for, 36,480 against, and 7,485 abstentions.
The Lovesac Company is expanding its shareholder return efforts by increasing its share repurchase authorization by up to $40 million, bringing the total program size to approximately $54.1 million. The company expects to fund repurchases using existing cash and future free cash flow, while management will decide timing, pricing, and volume based on market conditions and other factors. Buybacks may occur through open market purchases, privately negotiated deals, or accelerated share repurchase arrangements, and can be started or paused at any time without prior notice. Management highlights confidence in its fiscal 2027 plan and balance sheet strength, aiming to support growth investments while returning capital to shareholders.
The Lovesac Company reported modest sales growth but sharply lower profits for fiscal 2026. Net sales rose 2.4% to $697.1 million, while gross margin fell to 56.4% as higher inbound, tariff, and logistics costs outweighed price increases.
Full-year net income dropped to $4.1 million from $11.6 million, though operating cash flow improved to $49.3 million. Cash reached $101.9 million with no debt outstanding. The board authorized an additional $40 million share repurchase, lifting remaining capacity to about $54.1 million.
For fiscal 2027, the company guides net sales to $700–$750 million, Adjusted EBITDA of $33–$44 million, and net income of $5–$14 million, alongside ongoing showroom expansion and new product initiatives.
The Lovesac Company reported that its Board of Directors appointed Wan Ling Martello as a new director effective November 20, 2025. She will receive compensation under the company’s non-employee Director Compensation Policy, including a grant of restricted stock units valued at $125,000, with half vesting on the first anniversary of the grant date and half on the second anniversary, contingent on her continued Board service.
Ms. Martello will also receive an annual cash retainer of $75,000, payable quarterly, which she may elect to take in RSUs that vest on the anniversary of the grant date. The company states there are no special arrangements tied to her appointment and no related-party transactions requiring disclosure. Lovesac also issued a press release announcing her appointment, which is attached as an exhibit.
The Lovesac Company (LOVE) furnished a Current Report on Form 8-K stating that on September 11, 2025 it issued a press release announcing its financial results for the second quarter of fiscal 2026, which ended August 3, 2025. The filing notes the press release is attached as Exhibit 99.1 and that the information is being furnished rather than filed under the Exchange Act, so it is not subject to Section 18 liabilities and will not be incorporated by reference into registration statements except by specific reference.
The Lovesac Company appointed Alan Boehme to its Board of Directors effective August 27, 2025. His compensation follows the companys non-employee Director Compensation Policy and includes a grant of restricted stock units valued at $125,000 that vest 50% after one year and 50% after two years, contingent on continued Board service. He will also receive an annual cash retainer of $75,000, payable quarterly, which he may elect to take as RSUs that vest on the anniversary of each grant. The filing states there are no related-party transactions or other arrangements requiring disclosure.