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Income Taxes
3 Months Ended
May 03, 2025
Income Taxes [Abstract]  
Income Taxes
 
 
 
 
 
NOTE 9 – INCOME TAXES:
The Company had an effective tax rate for the
 
first quarter of 2025 of
21.9
% compared to an effective tax
rate of
5.6
% for the first
 
quarter of 2024.
 
Income tax expense for the
 
quarter increased to $
0.9
 
million in
2025 from $
0.6
 
million in 2024. The increase in tax expense was primarily due to increases in foreign and
state income taxes.