v3.25.1
REVENUES
 3 Months Ended
Mar. 29, 2025
Revenue from Contract with Customer [Abstract]  
REVENUES REVENUES
Disaggregation of Revenue
The following tables present revenues disaggregated by channel and geography. Revenues from licensing arrangements are included within the U.S. or Non-U.S. Wholesale channels, based on the respective region where the licensee sells the product. Direct-to-Consumer revenues include sales from company-operated Wrangler® and Lee® branded full-price and outlet stores, online and international concession arrangements.
Other includes sales and licensing of Chic®, Rock & Republic®, other company-owned brands and private label apparel.
Three Months Ended March 2025
(In thousands)WranglerLeeOtherTotal
Channel revenues
U.S. Wholesale$335,504 $108,764 $2,609 $446,877 
Non-U.S. Wholesale45,225 53,834 — 99,059 
Direct-to-Consumer39,517 37,302 146 76,965 
Total$420,246 $199,900 $2,755 $622,901 
Geographic revenues
U.S.$368,302 $122,303 $2,755 $493,360 
International51,944 77,597 — 129,541 
Total$420,246 $199,900 $2,755 $622,901 
Three Months Ended March 2024
(In thousands)WranglerLeeOtherTotal
Channel revenues
U.S. Wholesale$328,725 $119,147 $2,092 $449,964 
Non-U.S. Wholesale44,438 63,618 — 108,056 
Direct-to-Consumer36,331 36,678 173 73,182 
Total$409,494 $219,443 $2,265 $631,202 
Geographic revenues
U.S.$357,463 $132,283 $2,265 $492,011 
International52,031 87,160 — 139,191 
Total$409,494 $219,443 $2,265 $631,202 
Contract Balances and Performance Obligations
The following table presents information about contract balances recorded in the Company's balance sheets:
(In thousands)March 2025December 2024March 2024
Accounts receivable, net$208,261 $243,660 $239,632 
Contract assets (a)
7,899 16,576 6,311 
Contract liabilities (b)
1,632 1,757 1,522 
(a) Included within "prepaid expenses and other current assets" in the Company's balance sheets.
(b) Included within "accrued and other current liabilities" in the Company's balance sheets.
For the three months ended March 2025 and March 2024, no significant revenue was recognized that was included in contract liabilities as of December 2024 and December 2023, respectively. For the three months ended March 2025, no significant revenue was recognized from performance obligations satisfied, or partially satisfied, in prior periods. As of March 2025, the Company has contractual rights under its licensing agreements to receive $83.0 million of fixed consideration related to the future minimum guarantees through December 2030.