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Segment and Geographic Information (Tables)

12 Months Ended

Feb. 28, 2026

Segment Reporting [Abstract]

Schedule of segment information

The following tables summarize reportable segment information with a reconciliation to our consolidated results for the periods presented:

			Fiscal Year Ended February 28, 2026
(in thousands)			Home & Outdoor																		Beauty & Wellness (1)						Total
Sales revenue, net			$	832,870																	$	953,420					$	1,786,290
Less: (2)
Cost of goods sold			428,182																		542,414						970,596
Operating expense (3)			674,432																		923,343						1,597,775
Operating loss			$	(269,744)																	$	(512,337)					$	(782,081)
Non-operating income, net																											982
Interest expense																											57,739
Loss before income tax																											$	(838,838)

			Fiscal Year Ended February 28, 2025
(in thousands)			Home & Outdoor																		Beauty & Wellness (1)						Total
Sales revenue, net			$	906,331																	$	1,001,334					$	1,907,665
Less: (2)
Cost of goods sold			431,924																		561,335						993,259
Operating expense (3)			354,806																		416,852						771,658
Operating income			$	119,601																	$	23,147					$	142,748
Non-operating income, net																											838
Interest expense																											51,922
Income before income tax																											$	91,664

			Fiscal Year Ended February 29, 2024
(in thousands)			Home & Outdoor																		Beauty & Wellness						Total
Sales revenue, net			$	916,381																	$	1,088,669					$	2,005,050
Less: (2)
Cost of goods sold			440,737																		615,653						1,056,390
Operating expense (3)			332,912																		355,159						688,071
Operating income			$	142,732																	$	117,857					$	260,589
Non-operating income, net																											1,518
Interest expense																											53,065
Income before income tax																											$	209,042

(1)Fiscal 2026 includes a full year of operating results from Olive & June, acquired on December 16, 2024, compared to approximately eleven weeks of operating results in fiscal 2025. For additional information see Note 6.

(2)These significant expense categories and amounts align with the reportable segment information that is regularly provided to the CODM.

(3)Operating expense for both reportable segments includes SG&A expense and restructuring charges. Fiscal 2026 operating expense also includes asset impairment charges of $885.9 million, of which $332.6 million and $553.3 million was recognized in our Home & Outdoor and Beauty & Wellness segments, respectively. Fiscal 2025 operating expense also includes asset impairment charges of $51.5 million in our Beauty & Wellness segment. See Note 7 for further information on the asset impairment charges.

The following tables summarize reportable segment information for the periods presented:

			Fiscal Year Ended February 28, 2026
(in thousands)			Home & Outdoor																		Beauty & Wellness (1)						Total
Capital and intangible asset expenditures			$	18,089																	$	21,137					$	39,226
Depreciation and amortization			24,597																		28,698						53,295
Non-cash share-based compensation			6,781																		10,104						16,885
Asset impairment charges			332,565																		553,296						885,861

			Fiscal Year Ended February 28, 2025
(in thousands)			Home & Outdoor																		Beauty & Wellness (1)						Total
Capital and intangible asset expenditures			$	14,275																	$	15,797					$	30,072
Depreciation and amortization			26,088																		28,960						55,048
Non-cash share-based compensation			10,402																		10,974						21,376
Asset impairment charges			—																		51,455						51,455

			Fiscal Year Ended February 29, 2024
(in thousands)			Home & Outdoor																		Beauty & Wellness						Total
Capital and intangible asset expenditures			$	28,012																	$	8,632					$	36,644
Depreciation and amortization			24,595																		26,904						51,499
Non-cash share-based compensation			16,319																		17,553						33,872

(1)Fiscal 2026 includes a full year of operating results from Olive & June, acquired on December 16, 2024, compared to approximately eleven weeks of operating results in fiscal 2025. For additional information see Note 6.

Schedule of net sales by geographic region

The following table presents net sales revenue by geographic region, in U.S. Dollars. Net sales are attributed to countries based on the customer’s location.

			Fiscal Years Ended Last Day of February,
(in thousands)			2026												2025												2024
U.S.			$	1,278,045					71.5		%				$	1,356,750					71.1		%				$	1,478,134					73.7		%
Canada			74,004						4.2		%				82,501						4.3		%				82,122						4.1		%
EMEA			293,260						16.4		%				294,954						15.5		%				284,434						14.2		%
Asia Pacific			107,112						6.0		%				125,426						6.6		%				116,157						5.8		%
Latin America			33,869						1.9		%				48,034						2.5		%				44,203						2.2		%
Total sales revenue, net			$	1,786,290					100.0		%				$	1,907,665					100.0		%				$	2,005,050					100.0		%

Schedule of domestic and international long-lived assets

Our U.S. and international long-lived assets were as follows:

(in thousands)			February 28, 2026						February 28, 2025
U.S.			$	331,517					$	342,033
International			25,875						23,059
Total			$	357,392					$	365,092

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