Segments and Disaggregated Revenue

9 Months Ended

Oct. 28, 2023

Segment Reporting [Abstract]

Segments and Disaggregated Revenue

Note 8—Segments and Disaggregated Revenue

The Company conducts its business activities and reports financial results as one operating segment and one reportable segment, which includes the Company’s store locations and integrated omni-channel operations. Due to its integrated omni-channel strategy, the Company views omni-channel sales as an extension of its physical store locations. The presentation of financial results as one reportable segment is consistent with the way the Company operates its business and is consistent with the manner in which the Chief Operating Decision Maker (“CODM”) makes decisions about allocating resources and assessing performance. The role of CODM is performed by the Office of the Chief Executive Officer. Furthermore, the Company notes that monitoring financial results as one reportable segment helps the CODM manage costs on a consolidated basis, consistent with the integrated nature of its operations.

The following table shows revenue by product category:

	Thirteen Weeks Ended				Thirty-Nine Weeks Ended
	October 28, 2023		October 29, 2022		October 28, 2023		October 29, 2022
	(In millions)
Sewing	$	260.7	$	266.5	$	706.0	$	725.1
Arts and Crafts and Home Décor		273.3		288.5		743.7		774.9
Other		5.8		7.8		22.0		24.1
Total	$	539.8	$	562.8	$	1,471.7	$	1,524.1