Forensic Analysis · Retail / Consumer Discretionary · as of Jul 3, 2026
Lovesac Co (LOVE)
A forensic read on Lovesac Co built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
B · Sound & dependable
Forensic grade
Grey Zone
Financial health
2.0
Altman Z-score
Clean
Earnings quality
2
Forensic signals
63.6
P / E (ttm)
1.9%
ROE
$256M
Market cap
Lovesac Co earns a B (Sound & dependable) forensic quality grade, and its Altman Z-score is 2.0, placing it in the Grey zone. 2 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
1%Return on invested capital.Return on invested capital is 1% and slipping from 9% — well below its ~9% cost of capital, so reinvested dollars may be destroying value, not building it.
1% of revStock-based comp load.Stock-based compensation ran 1% of revenue and 21% of free cash flow in FY2026 — about $0.37 per diluted share. Meaningful — reported free cash flow flatters the economics, since SBC is a real cost paid in shares.
Key fundamentals
Net Margin0.6%
Debt / Equity0.42x
Free Cash Flow$26.2M
Latest Revenue$697.1M
Return on Equity1.9%
Revenue Growth YoY+2.4%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on Lovesac Co:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about LOVE's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown