On March 26, 2026, The Lovesac Company (NASDAQ: LOVE) announced that its Board of Directors has authorized the repurchase of up to an additional $40 million of the Company's outstanding common stock. This expansion brings the total authorized repurchase amount to approximately $54.1 million. The decision reflects the company's strong confidence in its business outlook and financial health. Keith Siegner, Executive Vice President and Chief Financial Officer, stated that the company is well-positioned to fund strategic growth initiatives while returning meaningful capital to shareholders. The repurchase program will be funded through existing cash and future free cash flow, with the timing and manner of repurchases determined by management based on market conditions. The company may utilize various methods for repurchases, including open market purchases and privately negotiated transactions. The exact number of shares to be repurchased is not guaranteed and may vary based on market conditions.

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