Business Segment Information (Tables)

3 Months Ended

May 02, 2026

Business Segment Information

Schedule of segment reporting information, by segment

	Thirteen Weeks Ended May 2, 2026
		Famous		Brand		Eliminations
($ thousands)		Footwear		Portfolio		and Other		Total
Net sales (1)		$	319,321	$	356,269	$	(8,991)	$	666,599
Cost of goods sold			179,315		181,759		(9,947)		351,127
Gross Profit			140,006		174,510		956		315,472
Less expenses:
Retail stores (2)			90,942		16,193		—		107,135
Information technology			7,161		8,682		495		16,338
Warehousing and distribution			12,840		14,914		(677)		27,077
Advertising and marketing			7,884		27,797		54		35,735
Restructuring and other special charges, net			—		457		(2,583)		(2,126)
Other expenses (3)			21,616		67,376		18,452		107,444
Operating earnings (loss)		$	(437)	$	39,091	$	(14,785)	$	23,869
Segment assets		$	870,334	$	972,678	$	179,074	$	2,022,086

	Thirteen Weeks Ended May 3, 2025
		Famous		Brand		Eliminations
($ thousands)		Footwear		Portfolio		and Other		Total
Net sales (1)		$	327,676	$	295,395	$	(8,850)	$	614,221
Cost of goods sold			179,235		166,108		(9,816)		335,527
Gross Profit			148,441		129,287		966		278,694
Less expenses:
Retail stores (2)			89,621		7,433		—		97,054
Information technology			7,810		7,644		1,398		16,852
Warehousing and distribution			14,000		16,160		(3,080)		27,080
Advertising and marketing			8,655		21,541		139		30,335
Restructuring and other special charges, net			—		—		627		627
Other expenses (3)			23,381		59,094		12,687		95,162
Operating earnings (loss)		$	4,974	$	17,415	$	(10,805)	$	11,584
Segment assets		$	877,642	$	861,984	$	168,070	$	1,907,696

(1) Net sales includes intersegment sales from Brand Portfolio to Famous Footwear of $9.0 million and $8.9 million for the thirteen weeks ended May 2, 2026 and May 3, 2025, respectively.  

(2) Includes compensation and facilities costs associated with the Company’s North America retail stores.

(3) Primarily includes compensation costs associated with non-retail store operations, depreciation and amortization, and other overhead expenses.

Reconciliation of operating earnings to earnings before income taxes

	Thirteen Weeks Ended
($ thousands)	May 2, 2026		May 3, 2025
Operating earnings	$	23,869	$	11,584
Interest expense, net		(4,682)		(3,795)
Other income, net		1,166		686
Earnings before income taxes	$	20,353	$	8,475