XML 42 R31.htm IDEA: XBRL DOCUMENT v3.25.3

Revenue recognition (Tables)

9 Months Ended

Nov. 01, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following table provides the Company’s total sales, disaggregated by brand, for the 13 and 39 weeks ended November 1, 2025 and November 2, 2024:

			13 weeks ended November 1, 2025																								13 weeks ended November 2, 2024
(in millions)			North America						International						Other						Consolidated						North America						International						Other						Consolidated
Sales by brand:
Kay			$	507.9					$	—					$	—					$	507.9					$	483.7					$	—					$	—					$	483.7
Zales			243.4						—						—						243.4						225.4						—						—						225.4
Jared			242.8						—						—						242.8						226.5						—						—						226.5
Blue Nile			74.3						—						—						74.3						77.0						—						—						77.0
James Allen			27.8						—						—						27.8						42.8						—						—						42.8
Diamonds Direct			87.9						—						—						87.9						93.7						—						—						93.7
Banter by Piercing Pagoda			69.2						—						—						69.2						69.6						—						—						69.6
Peoples			42.2						—						—						42.2						39.7						—						—						39.7
International segment brands			—						87.0						—						87.0						—						83.3						—						83.3
Other (1)			3.9						—						5.4						9.3						3.6						—						4.1						7.7
Total sales			$	1,299.4					$	87.0					$	5.4					$	1,391.8					$	1,262.0					$	83.3					$	4.1					$	1,349.4
			39 weeks ended November 1, 2025																								39 weeks ended November 2, 2024
(in millions)			North America						International						Other						Consolidated						North America						International						Other						Consolidated
Sales by brands:
Kay			$	1,656.5					$	—					$	—					$	1,656.5					$	1,593.8					$	—					$	—					$	1,593.8
Zales			796.6						—						—						796.6						737.6						—						—						737.6
Jared			765.0						—						—						765.0						727.6						—						—						727.6
Blue Nile			226.6						—						—						226.6						231.3						—						—						231.3
James Allen			104.1						—						—						104.1						153.5						—						—						153.5
Diamonds Direct			259.1						—						—						259.1						265.6						—						—						265.6
Banter by Piercing Pagoda			227.0						—						—						227.0						230.8						—						—						230.8
Peoples			130.8						—						—						130.8						122.5						—						—						122.5
International segment brands			—						258.9						—						258.9						—						247.0						—						247.0
Other (1)			10.9						—						33.0						43.9						16.9						—						24.6						41.5
Total sales			$	4,176.6					$	258.9					$	33.0					$	4,468.5					$	4,079.6					$	247.0					$	24.6					$	4,351.2

(1) Other primarily includes sales from the Company’s diamond sourcing operation, loose diamonds and Rocksbox.

The following table provides the Company’s total sales, disaggregated by major product, for the 13 and 39 weeks ended November 1, 2025 and November 2, 2024:

			13 weeks ended November 1, 2025																								13 weeks ended November 2, 2024
(in millions)			North America						International						Other						Consolidated						North America (3)						International						Other						Consolidated
Sales by product:
Bridal			$	611.3					$	37.1					$	—					$	648.4					$	599.4					$	37.0					$	—					$	636.4
Fashion			433.0						18.6						—						451.6						430.0						17.1						—						447.1
Watches			48.7						25.2						—						73.9						43.7						23.3						—						67.0
Services (1)			179.5						6.1						—						185.6						166.9						5.9						—						172.8
Other (2)			26.9						—						5.4						32.3						22.0						—						4.1						26.1
Total sales			$	1,299.4					$	87.0					$	5.4					$	1,391.8					$	1,262.0					$	83.3					$	4.1					$	1,349.4
			39 weeks ended November 1, 2025																								39 weeks ended November 2, 2024
(in millions)			North America						International						Other						Consolidated						North America (3)						International						Other						Consolidated
Sales by product:
Bridal			$	1,900.9					$	114.4					$	—					$	2,015.3					$	1,876.6					$	112.2					$	—					$	1,988.8
Fashion			1,489.9						54.0						—						1,543.9						1,477.3						50.0						—						1,527.3
Watches			152.0						72.1						—						224.1						135.1						67.1						—						202.2
Services (1)			550.8						18.4						—						569.2						519.3						17.7						—						537.0
Other (2)			83.0						—						33.0						116.0						71.3						—						24.6						95.9
Total sales			$	4,176.6					$	258.9					$	33.0					$	4,468.5					$	4,079.6					$	247.0					$	24.6					$	4,351.2

(1) Services primarily includes sales from service plans, repairs and subscriptions.

(2) Other primarily includes sales from the Company’s diamond sourcing operation and other miscellaneous non-jewelry sales.

(3) Certain amounts have been reclassified between bridal and fashion to conform to the Company’s current product categorizations.

The following table provides the Company’s total sales, disaggregated by channel, for the 13 and 39 weeks ended November 1, 2025 and November 2, 2024:

			13 weeks ended November 1, 2025																								13 weeks ended November 2, 2024
(in millions)			North America						International						Other						Consolidated						North America						International						Other						Consolidated
Sales by channel:
Store			$	1,034.1					$	67.9					$	—					$	1,102.0					$	988.1					$	64.8					$	—					$	1,052.9
E-commerce			261.6						19.1						—						280.7						270.7						18.5						—						289.2
Other (1)			3.7						—						5.4						9.1						3.2						—						4.1						7.3
Total sales			$	1,299.4					$	87.0					$	5.4					$	1,391.8					$	1,262.0					$	83.3					$	4.1					$	1,349.4
			39 weeks ended November 1, 2025																								39 weeks ended November 2, 2024
(in millions)			North America						International						Other						Consolidated						North America						International						Other						Consolidated
Sales by channel:
Store			$	3,285.0					$	203.4					$	—					$	3,488.4					$	3,162.6					$	193.2					$	—					$	3,355.8
E-commerce			881.5						55.5						—						937.0						905.6						53.8						—						959.4
Other (1)			10.1						—						33.0						43.1						11.4						—						24.6						36.0
Total sales			$	4,176.6					$	258.9					$	33.0					$	4,468.5					$	4,079.6					$	247.0					$	24.6					$	4,351.2

(1) Other primarily includes sales from the Company’s diamond sourcing operation and loose diamonds.

Unamortized deferred selling costs

Unamortized deferred ESP selling costs as of November 1, 2025, February 1, 2025 and November 2, 2024 were as follows:

(in millions)			November 1, 2025						February 1, 2025						November 2, 2024
Other current assets			$	27.3					$	28.4					$	27.2
Other assets			79.0						81.3						80.0
Total deferred ESP selling costs			$	106.3					$	109.7					$	107.2

Schedule of Deferred Revenue

Deferred revenue as of November 1, 2025, February 1, 2025 and November 2, 2024 was as follows:

(in millions)			November 1, 2025						February 1, 2025						November 2, 2024
ESP deferred revenue			$	1,160.6					$	1,170.8					$	1,132.7
Other deferred revenue (1)			68.2						76.8						69.3
Total deferred revenue			$	1,228.8					$	1,247.6					$	1,202.0
Disclosed as:
Current liabilities			$	350.4					$	362.5					$	337.7
Non-current liabilities			878.4						885.1						864.3
Total deferred revenue			$	1,228.8					$	1,247.6					$	1,202.0

(1) Other deferred revenue primarily includes revenue collected from customers for custom orders and e-commerce orders, for which control has not yet transferred to the customer.

			13 weeks ended												39 weeks ended
(in millions)			November 1, 2025						November 2, 2024						November 1, 2025						November 2, 2024
ESP deferred revenue, beginning of period			$	1,170.5					$	1,146.1					$	1,170.8					$	1,158.7
Plans sold (1)			119.7						106.7						387.1						345.6
Revenue recognized (2)			(129.6)						(120.1)						(397.3)						(371.6)
ESP deferred revenue, end of period			$	1,160.6					$	1,132.7					$	1,160.6					$	1,132.7

(1) Includes impact of foreign exchange translation.

(2) The Company recognized sales of $69.9 million and $235.0 million during the 13 and 39 weeks ended November 1, 2025, respectively, and $67.6 million and $227.8 million during the 13 and 39 weeks ended November 2, 2024, respectively, related to deferred revenue that existed at the beginning of the periods.

X

- Definition

Tabular disclosure of cost capitalized in obtaining or fulfilling contract with customer.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 340
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479483/340-40-50-3

+ Details

Name:	us-gaap_CapitalizedContractCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration