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Segment Reporting (Tables)

3 Months Ended

May 02, 2025

Segment Reporting [Abstract]

Summary of Reportable Segment Sales and Expenses

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

		13 Weeks Ended							13 Weeks Ended
		May 2, 2025							May 3, 2024
(in thousands)		Segment			Total				Segment			Total
Net revenue		$	227,752			227,752				228,727			228,727
All other net revenue (1)						33,456							56,744
Total consolidated net revenue					$	261,208						$	285,471
Product cost of goods sold			83,601							79,788
Shipping cost of goods sold			29,189							33,324
Marketing costs			39,933							39,102
Variable personnel costs			15,570							16,044
Other segment expenses (2)			6,565							5,684
Segment variable profit		$	52,894						$	54,785

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

(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 loss before income taxes is as follows:

		13 Weeks Ended				13 Weeks Ended
(in thousands)		May 2, 2025				May 3, 2024
Segment variable profit		$	52,894			$	54,875
All other variable profit (1)			5,844				10,326
Depreciation expense			(8,291	)			(9,005	)
Unallocated corporate expenses (2)			(52,817	)			(53,963	)
Interest expense			(9,265	)			(10,336	)
Other income, net			11				88
Loss before income taxes		$	(11,624	)		$	(8,015	)

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

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

Summary of Net Revenue by Distribution Channel

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

		13 Weeks Ended			% of Net				13 Weeks Ended			% of Net
(in thousands)		May 2, 2025			Revenue				May 3, 2024			Revenue
Net revenue:
U.S. eCommerce		$	170,747			65.4	%		$	170,532			59.7	%
Outfitters			42,923			16.4	%			42,677			15.0	%
Third Party			14,082			5.4	%			15,518			5.4	%
Total U.S. Digital Segment Revenue			227,752							228,727
Europe eCommerce			17,851			6.8	%			24,968			8.8	%
Licensing and Retail			15,605			6.0	%			31,776			11.1	%
Total Net revenue		$	261,208						$	285,471

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

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-Name Accounting Standards Codification
-Topic 280
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-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

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