On April 1, 2026, Lands' End, Inc. announced that its Board of Directors has authorized a share repurchase program allowing the company to buy back up to $100 million of its common stock over the next three years, through March 31, 2029. This decision reflects the Board and management's confidence in the company's strategy and its commitment to enhancing shareholder value. The repurchase may occur through open market purchases, privately negotiated transactions, or other means compliant with federal securities laws. The timing and number of shares repurchased will be at the discretion of the company's management, depending on market conditions and other factors. The company plans to fund the repurchases using existing cash, cash from operations, and potentially through borrowings under its asset-based senior secured credit facility. This program follows a previous repurchase initiative that expired on March 31, 2026, during which Lands' End repurchased 1.26 million shares for approximately $16 million. The new authorization is expected to provide the company with greater flexibility to return capital to shareholders and pursue growth opportunities.

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