XML 38 R32.htm IDEA: XBRL DOCUMENT
v3.25.2

Segment Reporting (Tables) | 6 Months Ended
--- | ---
Aug. 01, 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 |
|  | August 1, 2025 |  |  | August 2, 2024 |
(in thousands) |  | Segment |  | Total |  |  | Segment |  | Total |
Net revenue |  | $ | 255,254 |  | $ | 255,254 |  |  | $ | 270,361 |  | $ | 270,361 |
All other net revenue (1) |  |  |  |  | 38,825 |  |  |  |  |  | 46,812 |
Total consolidated net revenue |  |  |  | $ | 294,079 |  |  |  |  | $ | 317,173 |
Product cost of goods sold |  |  | 100,484 |  |  |  |  |  | 105,675 |  |  |
Shipping cost of goods sold |  |  | 32,962 |  |  |  |  |  | 34,808 |  |  |
Marketing costs |  |  | 43,283 |  |  |  |  |  | 41,883 |  |  |
Variable personnel costs |  |  | 14,631 |  |  |  |  |  | 17,066 |  |  |
Other segment expenses (2) |  |  | 7,204 |  |  |  |  |  | 8,119 |  |  |
Segment variable profit |  | $ | 56,690 |  |  |  |  | $ | 62,810 |  |  |
(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
|  | 26 Weeks Ended |  |  | 26 Weeks Ended |
|  | August 1, 2025 |  |  | August 2, 2024 |
(in thousands) |  | Segment |  | Total |  |  | Segment |  | Total |
Net revenue |  | $ | 483,006 |  | $ | 483,006 |  |  | $ | 499,089 |  | $ | 499,089 |
All other net revenue (1) |  |  |  |  | 72,281 |  |  |  |  |  | 103,555 |
Total consolidated net revenue |  |  |  | $ | 555,287 |  |  |  |  | $ | 602,644 |
Product cost of goods sold |  |  | 184,085 |  |  |  |  |  | 185,463 |  |  |
Shipping cost of goods sold |  |  | 62,151 |  |  |  |  |  | 68,042 |  |  |
Marketing costs |  |  | 83,216 |  |  |  |  |  | 80,985 |  |  |
Variable personnel costs |  |  | 30,201 |  |  |  |  |  | 33,110 |  |  |
Other segment expenses (2) |  |  | 13,769 |  |  |  |  |  | 13,803 |  |  |
Segment variable profit |  | $ | 109,584 |  |  |  |  | $ | 117,686 |  |  |
(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) |  | August 1, 2025 |  |  | August 2, 2024 |
Segment variable profit |  | $ | 56,690 |  |  | $ | 62,810 |
All other variable profit (1) |  |  | 8,306 |  |  |  | 9,186 |
Depreciation expense |  |  | (7,656 | ) |  |  | (8,692 | )
Unallocated corporate expenses (2) |  |  | (53,357 | ) |  |  | (60,818 | )
Interest expense |  |  | (9,262 | ) |  |  | (10,447 | )
Other income, net |  |  | 3 |  |  |  | 84 |
Loss before income taxes |  | $ | (5,276 | ) |  | $ | (7,877 | )
(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
|  | 26 Weeks Ended |  |  | 26 Weeks Ended |
(in thousands) |  | August 1, 2025 |  |  | August 2, 2024 |
Segment variable profit |  | $ | 109,584 |  |  | $ | 117,686 |
All other variable profit (1) |  |  | 14,151 |  |  |  | 19,511 |
Depreciation expense |  |  | (15,947 | ) |  |  | (17,697 | )
Unallocated corporate expenses (2) |  |  | (106,175 | ) |  |  | (114,781 | )
Interest expense |  |  | (18,527 | ) |  |  | (20,783 | )
Other income, net |  |  | 14 |  |  |  | 172 |
Loss before income taxes |  | $ | (16,900 | ) |  | $ | (15,892 | )
(1) All other variable profit is from Europe eCommerce, Licensing and Retail that does not meet the quantitative thresholds (1) 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) |  | August 1, 2025 |  | Revenue |  |  | August 2, 2024 |  | Revenue |
Net revenue: |  |  |  |  |  |  |  |  |  |
U.S. eCommerce |  | $ | 167,268 |  |  | 56.9 | % |  | $ | 188,336 |  |  | 59.4 | %
Outfitters |  |  | 66,424 |  |  | 22.6 | % |  |  | 63,159 |  |  | 19.9 | %
Third Party |  |  | 21,562 |  |  | 7.3 | % |  |  | 18,866 |  |  | 6.0 | %
Total U.S. Digital Segment Revenue |  |  | 255,254 |  |  |  |  |  | 270,361 |  |  |
Europe eCommerce |  |  | 19,639 |  |  | 6.7 | % |  |  | 22,950 |  |  | 7.2 | %
Licensing and Retail |  |  | 19,186 |  |  | 6.5 | % |  |  | 23,862 |  |  | 7.5 | %
Total Net revenue |  | $ | 294,079 |  |  |  |  | $ | 317,173 |  |  |
|  | 26 Weeks Ended |  | % of Net |  |  | 26 Weeks Ended |  | % of Net |
(in thousands) |  | August 1, 2025 |  | Revenue |  |  | August 2, 2024 |  | Revenue |
Net revenue: |  |  |  |  |  |  |  |  |  |
U.S. eCommerce |  | $ | 338,016 |  |  | 60.9 | % |  | $ | 358,868 |  |  | 59.5 | %
Outfitters |  |  | 109,346 |  |  | 19.7 | % |  |  | 105,836 |  |  | 17.6 | %
Third Party |  |  | 35,644 |  |  | 6.4 | % |  |  | 34,385 |  |  | 5.7 | %
Total U.S. Digital Segment Revenue |  |  | 483,006 |  |  |  |  |  | 499,089 |  |  |
Europe eCommerce |  |  | 37,490 |  |  | 6.7 | % |  |  | 47,918 |  |  | 8.0 | %
Licensing and Retail |  |  | 34,791 |  |  | 6.3 | % |  |  | 55,637 |  |  | 9.2 | %
Total Net revenue |  | $ | 555,287 |  |  |  |  | $ | 602,644 |  |  |

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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 + Details
Name: | us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration