Segment Reporting (Tables)

9 Months Ended

Nov. 01, 2025

Segment Reporting [Abstract]

Segment Information

(in thousands)	U.S. Retail		Canada Retail		Brand Portfolio		Total
Three Months Ended November 1, 2025
Net sales:
External customer sales	$	610,462	$	77,279	$	64,670	$	752,411
Intersegment sales	—		—		37,253		37,253
Segment net sales	610,462		77,279		101,923		789,664
Elimination of intersegment net sales							(37,253)
Consolidated net sales							$	752,411
Less segment expenses:
Cost of sales, exclusive of expenses shown below	(334,827)		(42,939)		(72,955)
Store selling expenses	(74,166)		(10,598)		—
Occupancy costs	(67,717)		(9,153)		(1,151)
Marketing	(36,243)		(2,128)		(3,333)
Distribution and fulfillment costs	(12,514)		(1,189)		(3,147)
Personnel overhead costs	(9,662)		(2,641)		(9,844)
Depreciation and amortization	(8,003)		(1,319)		(1,793)
Other expense items(1)	(1,128)		(556)		(4,544)
Plus income from equity investments	—		—		3,100
Segment operating profit	$	66,202	$	6,756	$	8,256	81,214
Net recognition of intersegment activity							676
Corporate shared service costs(2)							(39,227)
Impairment charges(2)							—
Consolidated operating profit							42,663
Interest expense, net							(11,420)
Non-operating expenses, net							(34)
Income before income taxes							$	31,209
Cash paid for segment property and equipment	$	6,102	$	1,985	$	388	$	8,475

(in thousands)	U.S. Retail		Canada Retail		Brand Portfolio		Total
Three months ended November 2, 2024
Net sales:
External customer sales	$	615,495	$	83,504	$	78,195	$	777,194
Intersegment sales	—		—		33,297		33,297
Segment net sales	615,495		83,504		111,492		810,491
Elimination of intersegment net sales							(33,297)
Consolidated net sales							$	777,194
Less segment expenses:
Cost of sales, exclusive of expenses shown below	(351,111)		(46,323)		(80,179)
Store selling expenses	(75,489)		(11,030)		—
Occupancy costs	(66,237)		(8,789)		(1,298)
Marketing	(34,777)		(2,135)		(4,122)
Distribution and fulfillment costs	(10,165)		(1,155)		(2,728)
Personnel overhead costs	(8,180)		(2,116)		(10,502)
Depreciation and amortization	(7,913)		(1,203)		(1,709)
Other expense items(1)	(1,116)		(275)		(6,791)
Plus income from equity investments	—		—		3,584
Segment operating profit	$	60,507	$	10,478	$	7,747	78,732
Net recognition of intersegment activity							937
Corporate shared service costs(2)							(39,097)
Impairment charges(2)							(17,756)
Consolidated operating profit							22,816
Interest expense, net							(11,565)
Non-operating expenses, net							(260)
Income before income taxes							$	10,991
Cash paid for segment property and equipment	$	5,594	$	1,187	$	1,385	$	8,166

(in thousands)	U.S. Retail		Canada Retail		Brand Portfolio		Total
Nine months ended November 1, 2025
Net sales:
External customer sales	$	1,794,628	$	206,261	$	178,193	$	2,179,082
Intersegment sales	—		—		92,785		92,785
Segment net sales	1,794,628		206,261		270,978		2,271,867
Elimination of intersegment net sales							(92,785)
Consolidated net sales							$	2,179,082
Less segment expenses:
Cost of sales, exclusive of expenses shown below	(1,011,675)		(111,567)		(196,831)
Store selling expenses	(223,997)		(30,284)		—
Occupancy costs	(198,827)		(27,256)		(3,260)
Marketing	(100,288)		(4,468)		(11,090)
Distribution and fulfillment costs	(36,186)		(3,788)		(8,943)
Personnel overhead costs	(29,722)		(8,280)		(33,472)
Depreciation and amortization	(23,893)		(3,582)		(5,328)
Other expense items(1)	(4,019)		(1,417)		(12,918)
Plus income from equity investments	—		—		8,105
Segment operating profit	$	166,021	$	15,619	$	7,241	188,881
Net recognition of intersegment activity							5,884
Corporate shared service costs(2)							(128,362)
Impairment charges(2)							(4,419)
Consolidated operating profit							61,984
Interest expense, net							(34,955)
Non-operating expenses, net							(104)
Income before income taxes							$	26,925
Cash paid for segment property and equipment	$	17,513	$	4,478	$	1,431	$	23,422

(in thousands)	U.S. Retail		Canada Retail		Brand Portfolio		Total
Nine months ended November 2, 2024
Net sales:
External customer sales	$	1,878,556	$	213,813	$	203,321	$	2,295,690
Intersegment sales	—		—		108,294		108,294
Segment net sales	1,878,556		213,813		311,615		2,403,984
Elimination of intersegment net sales							(108,294)
Consolidated net sales							$	2,295,690
Less segment expenses:
Cost of sales, exclusive of expenses shown below	(1,056,848)		(115,171)		(220,190)
Store selling expenses	(231,266)		(30,483)		—
Occupancy costs	(198,211)		(25,398)		(4,884)
Marketing	(99,917)		(4,539)		(19,576)
Distribution and fulfillment costs	(30,686)		(3,675)		(8,155)
Personnel overhead costs	(31,637)		(7,655)		(39,522)
Depreciation and amortization	(24,058)		(3,414)		(5,070)
Other expense items(1)	(3,652)		(780)		(15,587)
Plus income from equity investments	—		—		9,019
Segment operating profit	$	202,281	$	22,698	$	7,650	232,629
Net elimination of intersegment activity							(8,400)
Corporate shared service costs(2)							(145,686)
Impairment charges(2)							(17,756)
Consolidated operating profit							60,787
Interest expense, net							(34,161)
Non-operating expenses, net							(512)
Income before income taxes							$	26,114
Cash paid for segment property and equipment	$	17,682	$	6,109	$	1,799	$	25,590

(1)     Other expense items include professional services fees, payment service fees, supplies, travel, and other administrative segment expenses.

(2)     Corporate shared services costs and impairment charges are not attributed to any of our segments. Corporate shared services costs primarily relate to corporate administration, IT, finance, human resources, legal, real estate, and other shared services performing corporate-level activities. We also do not allocate amounts related to restructuring and integration charges (including severance) and acquisition-related costs.