Lovesac expands share repurchase authority by $40M to ~$54M

Lovesac Co

Board authorized additional $40M share repurchase, expanding total authorization to approx. $54.1M.
Repurchases to be funded from existing cash and future free cash flow; no debt issuance required.
Management retains discretion on timing and method; repurchases may be suspended at any time.
CFO Keith Siegner expressed strong confidence in business outlook and disciplined capital allocation.

item 7.01item 9.01

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