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LEASES (Tables)
 3 Months Ended
May 03, 2025
Leases [Abstract]  
Schedule of Lease, Cost
The following components of operating lease expense were recognized in the Company’s Consolidated Statements of Operations:
 Thirteen Weeks Ended
May 3, 2025May 4, 2024
(in thousands)
Fixed operating lease cost$21,199 $22,502 
Variable operating lease cost
5,759 7,846 
Total operating lease cost$26,958 $30,348 
The following table provides the weighted-average remaining lease term of the Company’s operating leases, the weighted-average discount rate used to calculate the Company’s operating liabilities, cash paid for amounts included in the measurement of the Company’s operating lease liabilities, and right-of-use (“ROU”) assets obtained in exchange for the Company’s new operating lease liabilities:
 Thirteen Weeks Ended
May 3, 2025May 4, 2024
Weighted-average remaining lease term (years)4.44.4
Weighted average discount rate (%)8.6%7.6%
Cash paid for amounts included in the measurement of operating lease liabilities ($, in millions)17.419.7
ROU assets obtained in exchange for new operating lease liabilities ($, in millions)23.122.1
Schedule of Lessee, Operating Lease, Liability, Maturity
As of May 3, 2025, the maturities of operating lease liabilities were as follows:
May 3, 2025
(in thousands)
Remainder of 2025
$64,047 
202655,614 
202728,633 
202819,393 
202913,402 
Thereafter39,146 
Total operating lease payments
220,235 
Less: imputed interest(41,046)
Present value of operating lease liabilities$179,189