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ASSET IMPAIRMENT CHARGES
6 Months Ended
Jan. 31, 2026
Property, Plant and Equipment [Abstract]  
ASSET IMPAIRMENT CHARGES
NOTE 5—ASSET IMPAIRMENT CHARGES

In the first quarter of fiscal 2026, the Company recorded a $10 million non-cash asset impairment charge related to the decision to close certain retail store locations, all of which related to operating lease assets. In the second quarter of fiscal 2026, the Company recorded $5 million of non-cash asset impairment charges related to decisions to discontinue operations at certain leased distribution centers, warehouses or offsite storage facilities as the Company continues to optimize its distribution center network. These charges are recorded within Loss on sale of assets and other asset charges in the Condensed Consolidated Statements of Operations. There were no asset impairment charges recorded for fiscal 2025 year-to-date.