v3.26.1
Share Repurchase Program
6 Months Ended
Aug. 01, 2026
Equity [Abstract]  
Share Repurchase Program Share Repurchase Program
During the second quarter of fiscal 2026, the Board approved a new discretionary $2.0 billion share repurchase authorization to replace the previous share repurchase authorization. Under the new share repurchase authorization, the Company may repurchase shares of its Class A common stock from time to time in compliance with SEC regulations and other legal requirements, and subject to market conditions and other factors. The repurchase authorization does not require the Company to acquire any specific number of shares and may be terminated at any time. The new share repurchase authorization expires on June 2, 2029.
As of August 1, 2026, the Company had not repurchased any of its shares of Class A common stock under the program.