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Segment Reporting (Tables)

12 Months Ended

Jan. 31, 2025

Segment Reporting [Abstract]

Summary of Net Revenue by Distribution Channel

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

(in thousands)		Fiscal 2024			% of Net Revenue		Fiscal 2023			% of Net Revenue		Fiscal 2022			% of Net Revenue
U.S. eCommerce		$	842,751		61.8%		$	930,314		63.2%		$	955,752		61.4%
Outfitters			228,161		16.7%			269,943		18.3%			265,898		17.1%
Third Party			83,530		6.1%			92,921		6.3%			87,160		5.7%
Total U.S. Digital Segment revenue			1,154,442					1,293,178					1,308,810
Europe eCommerce			103,079		7.6%			112,855		7.7%			166,627		10.7%
Licensing and Retail			105,414		7.8%			66,475		4.5%			79,992		5.1%
Total Net revenue		$	1,362,935				$	1,472,508				$	1,555,429

Summary of Reportable Segment Sales and Expenses

The following presents U.S. Digital segment sales and expenses:

	Fiscal 2024							Fiscal 2023							Fiscal 2022
(in thousands)	Segment			Total				Segment			Total				Segment			Total
Net revenue	$	1,154,442		$	1,154,442			$	1,293,178		$	1,293,178			$	1,308,810		$	1,308,810
All other net revenue (1)					208,493							179,330							246,619
Total consolidated net revenue				$	1,362,935						$	1,472,508						$	1,555,429
Product cost of goods sold		444,092							553,169							590,108
Shipping cost of goods sold		157,557							190,059							213,800
Marketing costs		179,499							174,701							167,440
Variable personnel costs		75,465							69,584							66,266
Other segment expenses (2)		32,407							39,744							36,605
Segment variable profit	$	265,422						$	265,921						$	234,591

(1)All other net revenue is from Europe eCommerce, Licensing and Retail that does not meet the quantitative thresholds and Japan for Fiscal 2022

(2)Other segment expenses include credit card fees, customer service, webhosting, supplies and other miscellaneous expenses

Summary of Reconciliation Between Reportable Segment Variable Profit to Consolidated Operating Income (Loss)

The reconciliation between segment variable profit to consolidated income (loss) before income taxes is as follows:

(in thousands)		Fiscal 2024				Fiscal 2023				Fiscal 2022
Segment variable profit		$	265,422			$	265,921			$	234,591
All other variable profit (1)			45,949				26,405				23,722
Depreciation expense			(33,772	)			(38,465	)			(38,741	)
Goodwill impairment			-				(106,700	)			-
Unallocated corporate expenses (2)			(226,642	)			(224,676	)			(194,847	)
Interest expense			(40,439	)			(48,291	)			(39,768	)
Loss on extinguishment of debt			-				(6,666	)			-
Other (expense) income, net			(22	)			655				364
Income (loss) before income taxes		$	10,496			$	(131,817	)		$	(14,679	)

(1)All other variable profit is from Europe eCommerce, Licensing and Retail that does not meet the quantitative thresholds and Japan for Fiscal 2022

(2)Unallocated corporate expenses include fixed personnel costs, incentive compensation, office occupancy, information technology and professional fees

Summary of Segment and Geographic Region

The geographical allocation of Net revenue is based upon where the product is shipped. The following presents summarized geographical information:

(in thousands)		Fiscal 2024			% of Net Revenue		Fiscal 2023			% of Net Revenue		Fiscal 2022			% of Net Revenue
United States		$	1,245,240		91.4%		$	1,342,366		91.2%		$	1,368,518		88.0%
Europe			105,000		7.7%			114,778		7.8%			135,878		8.7%
Other (1)			12,695		0.9%			15,364		1.0%			51,033		3.3%
Total Net revenue		$	1,362,935				$	1,472,508				$	1,555,429

(1)Fiscal 2022 includes Net revenue of $32.7 million from the Japan eCommerce distribution channel. See Note 8, Lands’ End Japan Closure.

Summary of Property and Equipment Net by Geographical Location

Property and equipment, net by geographical location are as follows:

(in thousands)		Fiscal 2024				Fiscal 2023
United States		$	109,609			$	111,254
Europe			5,923				6,588
Asia			86				191
Total long-lived assets		$	115,618			$	118,033

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