Goodwill and intangibles (Tables)

6 Months Ended

Aug. 02, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill by Reporting Unit

The following table summarizes the Company’s goodwill by reportable segment:

(in millions)	North America
Balance at February 1, 2025 (1)	$	482.0
Impairment	(53.6)
Balance at August 2, 2025 (1)	$	428.4

(1)    The carrying amount of goodwill is presented net of accumulated impairment losses of $902.1 million and $848.5 million as of August 2, 2025 and February 1, 2025, respectively.

Schedule of Finite-Lived Intangible Assets

The following table provides additional detail regarding the composition of intangible assets and liabilities:

	August 2, 2025						February 1, 2025						August 3, 2024
(in millions)	Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount
Intangible assets, net:
Definite-lived intangible assets	$	8.8	$	(6.2)	$	2.6	$	11.2	$	(8.4)	$	2.8	$	11.2	$	(8.1)	$	3.1
Indefinite-lived intangible assets (1)	288.9		—		288.9		304.4		—		304.4		355.8		—		355.8
Total intangible assets, net	$	297.7	$	(6.2)	$	291.5	$	315.6	$	(8.4)	$	307.2	$	367.0	$	(8.1)	$	358.9
Intangible liabilities, net	$	(38.0)	$	37.1	$	(0.9)	$	(38.0)	$	36.2	$	(1.8)	$	(38.0)	$	35.3	$	(2.7)

(1)    The change in the indefinite-lived intangible asset balances during the periods presented was primarily due to the trade name impairment charges recorded during the second quarter of Fiscal 2026 as described above, as well as the fourth quarter of Fiscal 2025.

Schedule of Indefinite-Lived Intangible Assets

The following table provides additional detail regarding the composition of intangible assets and liabilities:

	August 2, 2025						February 1, 2025						August 3, 2024
(in millions)	Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount
Intangible assets, net:
Definite-lived intangible assets	$	8.8	$	(6.2)	$	2.6	$	11.2	$	(8.4)	$	2.8	$	11.2	$	(8.1)	$	3.1
Indefinite-lived intangible assets (1)	288.9		—		288.9		304.4		—		304.4		355.8		—		355.8
Total intangible assets, net	$	297.7	$	(6.2)	$	291.5	$	315.6	$	(8.4)	$	307.2	$	367.0	$	(8.1)	$	358.9
Intangible liabilities, net	$	(38.0)	$	37.1	$	(0.9)	$	(38.0)	$	36.2	$	(1.8)	$	(38.0)	$	35.3	$	(2.7)

(1)    The change in the indefinite-lived intangible asset balances during the periods presented was primarily due to the trade name impairment charges recorded during the second quarter of Fiscal 2026 as described above, as well as the fourth quarter of Fiscal 2025.