Lovesac swings to profit on $21M tariff refunds; sales flat at $161.2M

Filed September 10, 2026 · Period ending August 2, 2026 · Compared to 10-Q Sep 11, 2025 · ~1 min read

Key Changes

• high

  Operating income swung from a loss, driven by in IEEPA tariff refunds and a 1,200 basis point gross margin expansion to 68.4%.

  MD&A: Operating Results verify on EDGAR →
• high

  Net income was $7.4M, or per diluted share, compared with a net loss in the prior-year quarter.

  Key Financials view on EDGAR →
• medium

  Revenue rose 0.4% to $161.2M, but the comparison is distorted by a 53-week fiscal year in the prior period; the company attributes the modest growth to calendar effects rather than demand.

  MD&A: Revenue verify on EDGAR →