| Summary of Reportable Segment Revenue, Segment Profit or Loss and Significant Segment Expenses |
The Company’s single reportable segment revenue, segment profit or loss, and significant segment expenses are as follows:
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Thirteen Weeks Ended |
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Twenty-Six Weeks Ended |
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August 2, |
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August 3, |
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August 2, |
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August 3, |
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2025 |
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2024 |
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2025 |
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2024 |
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Net sales |
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$ |
293,899 |
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$ |
288,734 |
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$ |
543,002 |
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$ |
532,974 |
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Cost of goods sold |
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199,950 |
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|
198,716 |
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|
373,410 |
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369,170 |
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Gross profit |
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93,949 |
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90,018 |
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169,592 |
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163,804 |
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Selling, general and administrative expenses |
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Payroll |
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41,490 |
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39,637 |
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84,058 |
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79,850 |
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Rent |
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23,327 |
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23,352 |
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47,243 |
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46,750 |
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Depreciation and amortization |
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9,922 |
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10,160 |
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19,782 |
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20,552 |
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Nonrecurring operating expenses (1) |
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|
783 |
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|
430 |
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|
783 |
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|
755 |
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Pre-opening (2) |
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|
153 |
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— |
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|
226 |
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— |
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Other operating (3) |
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21,491 |
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20,762 |
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|
40,330 |
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|
40,847 |
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Total selling, general and administrative expenses |
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97,166 |
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94,341 |
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192,422 |
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|
188,754 |
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(Loss) income from operations |
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(3,217 |
) |
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(4,323 |
) |
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(22,830 |
) |
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(24,950 |
) |
Other (income) expense: |
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Other losses |
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— |
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|
457 |
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76 |
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|
457 |
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Interest expense |
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3,769 |
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3,183 |
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6,664 |
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|
6,091 |
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(Loss) income before income taxes |
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(6,986 |
) |
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(7,963 |
) |
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(29,570 |
) |
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(31,498 |
) |
Income tax (benefit) expense |
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|
97 |
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(2,057 |
) |
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(1,233 |
) |
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(7,526 |
) |
Consolidated net (loss) income |
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$ |
(7,083 |
) |
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$ |
(5,906 |
) |
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$ |
(28,337 |
) |
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$ |
(23,972 |
) |
(1)Represents certain expenses the Company believes fall outside of typical costs related to normal operating conditions including executive transition costs. (2)Represents expenses incurred due to the opening of new store locations. (3)Significant expenses in Other operating, include: marketing, credit card fees, utilities, insurance, software support, consulting and legal.
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