NET LOSS PER SHARE FROM CONTINUING OPERATIONS ATTRIBUTABLE TO COMMON STOCKHOLDERS AND COMMON STOCK (Tables)

12 Months Ended

Aug. 02, 2025

Schedule of Reconciliation of Numerator and Denominator Used in Calculation of Basic and Diluted EPS

The table below presents a reconciliation of the numerator and denominator used in the calculation of basic and diluted loss per share from continuing operations attributable to Class A and Class B common stockholders:


	For the Fiscal Year Ended
(in thousands, except share and per share amounts)		August 2, 2025		August 3, 2024		July 29, 2023
Numerator:
Net loss from continuing operations attributable to Class A and Class B common stockholders		$	(28,844)	$	(118,885)	$	(150,336)
Denominator:
Weighted-average shares of common stock - basic		128,784,547		120,214,198		114,684,980
Weighted-average shares of common stock - diluted		128,784,547		120,214,198		114,684,980
Loss per share from continuing operations attributable to Class A and Class B common stockholders:
Basic		$	(0.22)	$	(0.99)	$	(1.31)
Diluted		$	(0.22)	$	(0.99)	$	(1.31)

Schedule of Common Stock Equivalents Excluded from Computation of Diluted Earnings Per Share

The following common stock equivalents were excluded from the computation of diluted loss per share from continuing operations because their effect would have been antidilutive for the periods presented:


	For the Fiscal Year Ended
		August 2, 2025	August 3, 2024	July 29, 2023
Performance restricted stock units that settle into Class A common stock (1)		2,638,991	—	—
Restricted stock units that settle into Class A common stock		6,591,285	8,239,439	11,455,577
Stock options to purchase Class A common stock		8,620,586	9,368,354	7,297,653
Stock options to purchase Class B common stock		695,909	726,498	808,457
Total		18,546,771	18,334,291	19,561,687

(1) Refer to Note 10, “Stock-based Compensation” for further details.