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Revenue (Tables)
6 Months Ended
Aug. 01, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregated of Revenue by Geographic Location

The Company’s revenue is disaggregated by distribution channel and geographic location. Revenue by distribution channel is presented in Note 12, Segment Reporting. Revenue by geographic location was:

 

 

 

13 Weeks Ended

 

 

26 Weeks Ended

 

(in thousands)

 

August 1, 2025

 

 

August 2, 2024

 

 

August 1, 2025

 

 

August 2, 2024

 

Net revenue:

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

271,626

 

 

$

291,041

 

 

$

512,689

 

 

$

548,548

 

Europe

 

 

20,169

 

 

 

23,330

 

 

 

38,488

 

 

 

48,638

 

Other

 

 

2,284

 

 

 

2,802

 

 

 

4,110

 

 

 

5,458

 

Total Net revenue

 

$

294,079

 

 

$

317,173

 

 

$

555,287

 

 

$

602,644

 

Summary of Deferred Revenue The following table summarizes the deferred revenue associated with payments received in advance of the transfer of control to the customer, reported in Accrued expenses and other current liabilities in the Condensed Consolidated Balance Sheets, and amounts recognized through Net revenue for each period presented. The majority of deferred revenue as of August 1, 2025 is expected to be recognized in Net revenue in the fiscal quarter ending October 31, 2025, as products are delivered to customers.

 

 

13 Weeks Ended

 

 

26 Weeks Ended

 

(in thousands)

 

August 1, 2025

 

 

August 2, 2024

 

 

August 1, 2025

 

 

August 2, 2024

 

Deferred revenue beginning of period

 

$

5,049

 

 

$

9,340

 

 

$

6,584

 

 

$

4,314

 

Deferred revenue recognized in period

 

 

(4,834

)

 

 

(9,125

)

 

 

(6,370

)

 

 

(4,100

)

Revenue deferred in period

 

 

8,607

 

 

 

9,087

 

 

 

8,608

 

 

 

9,088

 

Deferred revenue end of period

 

$

8,822

 

 

$

9,302

 

 

$

8,822

 

 

$

9,302

 

Reconciliation of Gift Card Contract Liability The following table provides the reconciliation of the contract liability related to gift cards:

 

 

13 Weeks Ended

 

 

26 Weeks Ended

 

(in thousands)

 

August 1, 2025

 

 

August 2, 2024

 

 

August 1, 2025

 

 

August 2, 2024

 

Balance as of beginning of period

 

$

33,364

 

 

$

35,119

 

 

$

34,746

 

 

$

35,604

 

Gift cards issued

 

 

15,693

 

 

 

14,562

 

 

 

30,305

 

 

 

29,617

 

Gift cards redeemed

 

 

(10,785

)

 

 

(14,019

)

 

 

(26,095

)

 

 

(28,212

)

Gift card breakage

 

 

(5,036

)

 

 

(1,483

)

 

 

(5,720

)

 

 

(2,830

)

Balance as of end of period

 

$

33,236

 

 

$

34,179

 

 

$

33,236

 

 

$

34,179