Welcome to our dedicated page for Lovesac Co. SEC filings (Ticker: LOVE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Lovesac Company's SEC filings document a Delaware corporation with common stock listed on Nasdaq under LOVE. The record includes Form 8-K reports for operating results, Regulation FD disclosures, share repurchase authorization, and director appointments, along with proxy materials for board governance, director compensation, shareholder voting, and executive compensation matters.
These filings describe the company's home furnishing business, including Sactionals, Sacs, accessories, retail stores, and online sales, while also presenting capital structure details, reported financial condition, and governance policies. Recent event reports connect formal disclosure to earnings releases, repurchase programs, and board composition changes.
The Lovesac Company reported a small quarterly net loss as sales were essentially flat. Net sales for the thirteen weeks ended May 3, 2026 were $138.2 million, down slightly from the prior-year period, while gross margin slipped to 52.1% amid higher transportation and tariff costs.
The company posted a net loss of $11.1 million, or $0.76 per diluted share, similar to last year’s loss. Operating cash flow was negative $35.4 million, mainly due to working capital timing, but Lovesac ended the quarter with $57.0 million in cash and no borrowings on its $40.0 million revolver.
Lovesac continued expanding its footprint to 281 showrooms and repurchased 141,482 shares for about $2.4 million, with $51.7 million remaining under its authorization. The company also filed for refunds of previously paid tariffs; any benefit will be recognized only when cash is received.
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.
HEYER ANDREW R reported acquisition or exercise transactions in this Form 4 filing.
Lovesac Co director Andrew R. Heyer reported a grant of 6,308 restricted stock units (RSUs) tied to his board compensation. The RSUs were elected in lieu of his cash retainer for fiscal 2026 and each RSU represents the right to receive one share of Lovesac common stock upon vesting.
The filing notes that 100% of these RSUs vested on June 10, 2026. This amended Form 4 corrects a prior omission where these holdings were not previously reported. The transaction reflects a compensation-related award rather than an open-market stock purchase or sale.
Lovesac Co director Andrew R. Heyer reported stock-based compensation activity involving restricted stock units (RSUs) and common shares. On June 10, 2026, 6,308 RSUs vested and were converted into 6,308 shares of common stock, reflecting prior equity awards for board service.
On June 9, 2026, he also received new RSU grants covering 7,947 units, including awards granted in lieu of his cash retainer for fiscal 2027. These RSUs are scheduled to vest on June 9, 2027, each unit representing the right to receive one share of Lovesac common stock upon vesting. The filing shows only acquisitions and exercises, with no share sales.
Martello Wan Ling reported acquisition or exercise transactions in this Form 4 filing.
Lovesac Co director Wan Ling Martello reported receiving restricted stock units (RSUs) as equity compensation. On June 9, 2026, she was granted 4,768 RSUs tied to common stock, and a separate 7,947 RSU grant. Each RSU represents the right to receive one share of Lovesac common stock upon vesting.
According to the footnotes, 100% of these RSUs are scheduled to vest on June 9, 2027. A portion of the award represents RSUs elected in lieu of her cash retainer for board service for fiscal 2027, aligning part of her director compensation with Lovesac equity rather than cash.
Lovesac Co director Shirley Romig reported equity compensation changes. On June 10, 2026, she acquired 6,308 shares of common stock at no cost through the vesting and exercise of previously granted restricted stock units, bringing her direct common stock holdings to 23,881 shares.
Separately, on June 9, 2026, she received a new award of 7,947 restricted stock units, each representing the right to receive one share of common stock upon vesting. According to the disclosure, 100% of this new RSU grant is scheduled to vest on June 9, 2027.
Lovesac Co director Sharon M. Leite reported equity compensation transactions involving company stock and restricted stock units (RSUs). She acquired 6,308 shares of common stock at a conversion price of $0.0000 per share upon the vesting of previously granted RSUs, bringing her direct holdings to 27,274 common shares.
Leite also received a new grant of 7,947 RSUs, each representing the right to receive one share of Lovesac common stock upon vesting. According to the disclosure, 100% of this new RSU award is scheduled to vest on June 9, 2027, aligning her compensation with the company’s future performance.
Boehme Alan reported acquisition or exercise transactions in this Form 4 filing.
Lovesac Co director Alan Boehme received a grant of 7,947 restricted stock units (RSUs). Each RSU represents the contingent right to receive one share of Lovesac common stock upon vesting. All 7,947 RSUs are scheduled to vest on June 9, 2027, if the vesting conditions are met.
Following this grant, Boehme holds 7,947 RSUs directly, reflecting a stock-based compensation award rather than an open-market purchase or sale.
Lovesac Co director Vineet Mehra reported routine equity compensation activity. On June 10, 2026, he acquired 6,308 shares of common stock at $0.00 per share upon vesting of previously granted restricted stock units (RSUs). After this vesting, he directly held 22,992 common shares.
Separately, Mehra received a new award of 7,947 RSUs on June 9, 2026, each representing the right to receive one share of Lovesac common stock upon vesting. According to the disclosure, 100% of this new RSU grant is scheduled to vest on June 9, 2027, providing additional stock-based compensation if he meets the vesting conditions.
Lovesac Co director Walter Field McLallen increased his equity stake through routine equity compensation. He acquired 6,308 shares of common stock at $0.00 per share upon vesting of restricted stock units that were originally granted on June 10, 2025. Following this vesting, he directly holds 46,308 common shares.
Separately, McLallen received a new grant of 7,947 restricted stock units, each representing the right to receive one share of common stock upon vesting. The filing states that 100% of this new RSU grant is scheduled to vest on June 9, 2027. No open-market purchases or sales were reported.