Leases (Tables)

12 Months Ended

Feb. 01, 2025

Leases [Abstract]

Components of Lease Cost

The table below presents the components of lease cost for operating leases for the years ended February 1, 2025, February 3, 2024 and January 28, 2023.

(In thousands)	Fiscal 2025			Fiscal 2024			Fiscal 2023
Operating lease cost	$	157,322		$	164,355		$	166,617
Variable lease cost		11,702			14,582			16,966
Less: Sublease income		(17	)		(173	)		(314	)
Net Lease Cost	$	169,007		$	178,764		$	183,269

Schedule of Lease Maturity Under Topic 842

The following table reconciles the maturities of undiscounted cash flows to our operating lease liabilities recorded on the Consolidated Balance Sheets at February 1, 2025:

Fiscal Years	(In thousands)
2026	$	147,883
2027		119,546
2028		79,185
2029		54,723
2030		43,078
Thereafter		127,828
Total undiscounted future minimum lease payments		572,243
Less: Amounts representing interest		(87,154	)
Total Present Value of Operating Lease Liabilities	$	485,089

Supplemental Information Related to Operating Leases

Our weighted-average remaining lease term and weighted-average discount rate for operating leases as of February 1, 2025 and February 3, 2024 are:

	February 1, 2025	February 3, 2024
Weighted-average remaining lease term (years)	5.8 years	5.5 years
Weighted-average discount rate	5.6%	5.3%