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Segment Reporting
 3 Months Ended
May 03, 2024
Segment Reporting [Abstract]  
Segment Reporting

NOTE 12. SEGMENT REPORTING

 

For the 13 weeks ended May 3, 2024, the Company’s operating segments consisted of: U.S. eCommerce, Europe eCommerce, Outfitters, Third Party and Retail.

 

The Company determined that each of the operating segments have similar economic and other qualitative characteristics, thus the results of the operating segments are aggregated into one external reportable segment.

 

Lands’ End identifies five separate distribution channels for revenue reporting purposes:

 

•
U.S. eCommerce offers products through the Company’s eCommerce website.

 

•
International offers products primarily to consumers located in Europe and through the Company’s eCommerce international websites and third-party affiliates.

 

•
Outfitters sells uniform and logo apparel to businesses and their employees, as well as to student households through school relationships, located primarily in the U.S.

 

•
Third Party sells the same products as U.S. eCommerce but direct to consumers through third-party marketplace websites and through domestic wholesale relationships. In addition, Third Party generates revenue from licensing agreements.

•
Retail sells products through the Company Operated stores.

 

Net revenue is presented by distribution channel in the following tables:

 

 

 

13 Weeks Ended

 

% of Net

 

 

13 Weeks Ended

 

% of Net

 

(in thousands)

 

May 3, 2024

 

Revenue

 

 

April 28, 2023

 

Revenue

 

Net revenue:

 

 

 

 

 

 

 

 

 

 

U.S. eCommerce

 

$

170,532

 

 

59.7

%

 

$

177,702

 

 

57.4

%

International

 

 

24,968

 

 

8.8

%

 

 

25,392

 

 

8.2

%

Outfitters

 

 

42,677

 

 

15.0

%

 

 

73,969

 

 

23.9

%

Third Party

 

 

37,454

 

 

13.1

%

 

 

22,989

 

 

7.4

%

Retail

 

 

9,840

 

 

3.4

%

 

 

9,506

 

 

3.1

%

Total Net revenue

 

$

285,471

 

 

 

 

$

309,558