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Revenue from Contracts With Customers
 6 Months Ended
Jul. 29, 2023
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer Revenue from Contracts with Customers
Revenue Transactions
Revenue from store operations, including third party delivery services, is recognized at the point of sale when control of the product is transferred to the customer at such time. Internet sales, through the Company's fivebelow.com e-commerce website, are recognized when the customer receives the product as control transfers upon delivery. Returns subsequent to the period end are immaterial; accordingly, no significant reserve has been recorded. Gift card sales to customers are initially recorded as liabilities and recognized as sales upon redemption for merchandise or as breakage revenue in proportion to the pattern of redemption of the gift cards by the customer in net sales.
The transaction price for the Company’s sales is based on the item’s stated price. To the extent that the Company charges customers for shipping and handling on e-commerce sales, the Company records such amounts in net sales. Shipping and handling costs, which include fulfillment and shipping costs related to the Company's e-commerce operations, are included in costs of goods sold. As permitted by applicable accounting guidance, ASU 2014-09 "Revenue from Contracts with Customers," the Company has elected to exclude all sales taxes collected from customers and remitted to governmental authorities from net sales in the accompanying consolidated statements of operations.
Disaggregation of Revenue
The following table provides information about disaggregated revenue by groups of products: leisure, fashion and home, and snack and seasonal (dollars in thousands):
Thirteen Weeks EndedThirteen Weeks Ended
July 29, 2023July 30, 2022
AmountPercentage of Net SalesAmountPercentage of Net Sales
Leisure (1)
$360,110 47.5 %$320,808 48.0 %
Fashion and home219,668 28.9 %198,313 29.6 %
Snack and seasonal (1)
179,203 23.6 %149,806 22.4 %
Total$758,981 100.0 %$668,927 100.0 %
Twenty-Six Weeks EndedTwenty-Six Weeks Ended
July 29, 2023July 30, 2022
AmountPercentage of Net SalesAmountPercentage of Net Sales
Leisure (1)
$710,308 47.8 %$641,188 49.0 %
Fashion and home415,505 28.0 %372,548 28.5 %
Snack and seasonal (1)
359,415 24.2 %294,787 22.5 %
Total$1,485,228 100.0 %$1,308,523 100.0 %
(1) Due to realignment of certain products, there was a minor adjustment to historical sales by product group.