v3.22.2.2
Segment Information
9 Months Ended
Oct. 29, 2022
Segment Reporting [Abstract]  
Segment Information Segment Information
We operate our business in four geographic segments: United States, Canada, Australia and Europe.
We identified segments based on a combination of geographic areas and management responsibility. Segment results for the United States include retail operations in 50 states; our ecommerce operations; and Game Informer® magazine. The United States segment also includes general and administrative expenses related to our corporate offices in the United States. Segment results for Canada include retail and ecommerce operations in Canada and segment results for Australia include retail and ecommerce operations in Australia and New Zealand. Segment results for Europe include retail and ecommerce operations in six countries. We measure segment profit using operating earnings, which is defined as income (loss) from operations before intercompany royalty fees, net interest (income) expense and income taxes. Transactions between reportable segments consist primarily of royalties, management fees, intersegment loans and related interest. There were no material intersegment sales during the three and nine months ended October 29, 2022 and October 30, 2021.
United
States
CanadaAustraliaEuropeConsolidated
Three Months Ended October 29, 2022
Net sales$799.1 $67.9 $122.8 $196.6 $1,186.4 
Operating loss(83.1)(4.0)(0.9)(8.3)(96.3)
Three Months Ended October 30, 2021
Net sales$875.5 $68.3 $127.1 $225.7 $1,296.6 
Operating (loss) earnings(98.5)(1.5)0.7 (3.6)(102.9)
United
States
CanadaAustraliaEuropeConsolidated
Nine Months Ended October 29, 2022
Net sales$2,587.9 $207.1 $363.3 $542.5 $3,700.8 
Operating loss(308.7)(9.0)(1.9)(38.2)(357.8)
Nine Months Ended October 30, 2021
Net sales$2,636.9 $193.0 $373.1 $553.8 $3,756.8 
Operating (loss) earnings(152.3)(5.2)3.9 (48.1)(201.7)