BUSINESS COMBINATION (Tables)

6 Months Ended

Aug. 02, 2025

BUSINESS COMBINATION

Schedule of purchase price allocation

The following table summarizes the preliminary purchase price allocation based on the fair value of the assets acquired and liabilities assumed as of July 8, 2025:

	PURCHASE
	PRICE
	ALLOCATION
	(in thousands)
Merchandise inventories	$	5,451
Property and equipment		27,461
Operating lease right-of-use assets		4,443
Goodwill(1)		2,770
Other assets		981
Deferred revenue and customer deposits		(3,471)
Operating lease liabilities		(4,273)
Other liabilities		(1,243)
Total	$	32,119

(1) Goodwill of $2.8 million, included in the RH Segment, represents the expected synergies from integrating the acquired business into our operations and is expected to be deductible for tax purposes.