v3.25.1
Revenue recognition (Tables)
 3 Months Ended
May 03, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table provides the Company’s total sales, disaggregated by brand, for the 13 weeks ended May 3, 2025 and May 4, 2024:
13 weeks ended May 3, 202513 weeks ended May 4, 2024
(in millions)North AmericaInternationalOtherConsolidatedNorth AmericaInternationalOtherConsolidated
Sales by brand:
Kay
$579.1 $— $— $579.1 $567.5 $— $— $567.5 
Zales
283.2 — — 283.2 256.7 — — 256.7 
Jared
260.0 — — 260.0 249.5 — — 249.5 
Blue Nile77.6 — — 77.6 75.8 — — 75.8 
James Allen39.4 — — 39.4 57.9 — — 57.9 
Diamonds Direct84.1 — — 84.1 82.6 — — 82.6 
Banter by Piercing Pagoda
82.2 — — 82.2 83.6 — — 83.6 
Peoples
40.8 — — 40.8 39.2 — — 39.2 
International segment brands— 80.1 — 80.1 — 77.2 — 77.2 
Other (1)
4.1 — 11.0 15.1 7.2 — 13.6 20.8 
Total sales
$1,450.5 $80.1 $11.0 $1,541.6 $1,420.0 $77.2 $13.6 $1,510.8 
(1) Other primarily includes sales from the Company’s diamond sourcing operation, loose diamonds and Rocksbox.
The following table provides the Company’s total sales, disaggregated by major product, for the 13 weeks ended May 3, 2025 and May 4, 2024:
13 weeks ended May 3, 202513 weeks ended May 4, 2024
(in millions)North AmericaInternationalOtherConsolidated
North America (3)
InternationalOtherConsolidated
Sales by product:
Bridal
$656.6 $36.1 $— $692.7 $646.0 $35.3 $— $681.3 
Fashion
533.0 16.4 — 549.4 530.1 15.2 — 545.3 
Watches
47.8 21.7 — 69.5 42.7 20.8 — 63.5 
Services (1)
185.4 5.9 — 191.3 178.6 5.9 — 184.5 
Other (2)
27.7 — 11.0 38.7 22.6 — 13.6 36.2 
Total sales
$1,450.5 $80.1 $11.0 $1,541.6 $1,420.0 $77.2 $13.6 $1,510.8 
(1) Services primarily includes sales from service plans, repairs and subscriptions.
(2) Other primarily includes sales from the Company’s diamond sourcing operation and other miscellaneous non-jewelry sales.
(3) Certain amounts have been reclassified between bridal and fashion to conform to the Company’s current product categorizations.
The following table provides the Company’s total sales, disaggregated by channel, for the 13 weeks ended May 3, 2025 and May 4, 2024:
13 weeks ended May 3, 202513 weeks ended May 4, 2024
(in millions)North AmericaInternationalOtherConsolidatedNorth AmericaInternationalOtherConsolidated
Sales by channel:
Store
$1,125.3 $62.8 $— $1,188.1 $1,094.3 $60.8 $— $1,155.1 
E-commerce321.4 17.3 — 338.7 321.5 16.4 — 337.9 
Other (1)
3.8 — 11.0 14.8 4.2 — 13.6 17.8 
Total sales
$1,450.5 $80.1 $11.0 $1,541.6 $1,420.0 $77.2 $13.6 $1,510.8 
(1) Other primarily includes sales from the Company’s diamond sourcing operation and loose diamonds.
Unamortized deferred selling costs
Unamortized deferred ESP selling costs as of May 3, 2025, February 1, 2025 and May 4, 2024 were as follows:
(in millions)May 3, 2025February 1, 2025May 4, 2024
Other current assets$28.1 $28.4 $27.8 
Other assets80.8 81.3 82.2 
Total deferred ESP selling costs$108.9 $109.7 $110.0 
Schedule of Deferred Revenue
Deferred revenue as of May 3, 2025, February 1, 2025 and May 4, 2024 was as follows:
(in millions)May 3, 2025February 1, 2025May 4, 2024
ESP deferred revenue$1,171.9 $1,170.8 $1,153.7 
Other deferred revenue (1)
80.9 76.8 85.8 
Total deferred revenue
$1,252.8 $1,247.6 $1,239.5 
Disclosed as:
Current liabilities$366.7 $362.5 $360.6 
Non-current liabilities886.1 885.1 878.9 
Total deferred revenue$1,252.8 $1,247.6 $1,239.5 
(1) Other deferred revenue primarily includes revenue collected from customers for custom orders and e-commerce orders, for which control has not yet transferred to the customer.
13 weeks ended
(in millions)May 3, 2025May 4, 2024
ESP deferred revenue, beginning of period$1,170.8 $1,158.7 
Plans sold (1)
135.0 121.9 
Revenue recognized (2)
(133.9)(126.9)
ESP deferred revenue, end of period$1,171.9 $1,153.7 
(1) Includes impact of foreign exchange translation.
(2) The Company recognized sales of $87.6 million and $85.2 million during the 13 weeks ended May 3, 2025 and May 4, 2024, respectively, related to deferred revenue that existed at the beginning of the periods.