Revenue recognition (Tables)

3 Months Ended

May 02, 2026

Revenue from Contract with Customer [Abstract]

The following table provides the Company’s total sales, disaggregated by brand, for the 13 weeks ended May 2, 2026 and May 3, 2025:


	13 weeks ended May 2, 2026								13 weeks ended May 3, 2025
(in millions)	North America		International		Other		Consolidated		North America		International		Other		Consolidated
Sales by brand:
Kay	$	598.4	$	—	$	—	$	598.4	$	579.1	$	—	$	—	$	579.1
Zales	289.1		—		—		289.1		283.2		—		—		283.2
Jared	260.3		—		—		260.3		260.0		—		—		260.0
Blue Nile	74.8		—		—		74.8		77.6		—		—		77.6
James Allen	24.1		—		—		24.1		39.4		—		—		39.4

Diamonds Direct	85.0		—		—		85.0		84.1		—		—		84.1
Banter by Piercing Pagoda	81.5		—		—		81.5		82.2		—		—		82.2
Peoples	47.6		—		—		47.6		40.8		—		—		40.8
International segment brands	—		87.5		—		87.5		—		80.1		—		80.1
Other (1)	2.2		—		3.1		5.3		4.1		—		11.0		15.1
Total sales	$	1,463.0	$	87.5	$	3.1	$	1,553.6	$	1,450.5	$	80.1	$	11.0	$	1,541.6

(1) Other primarily includes sales from the Company’s diamond sourcing operation and loose diamonds.

The following table provides the Company’s total sales, disaggregated by major product, for the 13 weeks ended May 2, 2026 and May 3, 2025:


	13 weeks ended May 2, 2026								13 weeks ended May 3, 2025
(in millions)	North America		International		Other		Consolidated		North America		International (3)		Other		Consolidated
Sales by product:
Bridal	$	656.6	$	31.7	$	—	$	688.3	$	656.6	$	28.7	$	—	$	685.3
Fashion	532.8		26.4		—		559.2		533.0		23.1		—		556.1
Watches	53.3		22.1		—		75.4		47.8		21.7		—		69.5
Services (1)	194.9		6.3		—		201.2		185.4		5.9		—		191.3
Other (2)	25.4		1.0		3.1		29.5		27.7		0.7		11.0		39.4
Total sales	$	1,463.0	$	87.5	$	3.1	$	1,553.6	$	1,450.5	$	80.1	$	11.0	$	1,541.6

(1) Services primarily includes revenue recognized from extended 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, primarily between bridal and fashion, to harmonize product categorization within the North America and International segments.

The following table provides the Company’s total sales, disaggregated by channel, for the 13 weeks ended May 2, 2026 and May 3, 2025:


	13 weeks ended May 2, 2026								13 weeks ended May 3, 2025
(in millions)	North America		International		Other		Consolidated		North America		International		Other		Consolidated
Sales by channel:
Store	$	1,156.3	$	70.4	$	—	$	1,226.7	$	1,125.3	$	62.8	$	—	$	1,188.1
E-commerce	305.0		17.1		—		322.1		321.4		17.3		—		338.7
Other (1)	1.7		—		3.1		4.8		3.8		—		11.0		14.8
Total sales	$	1,463.0	$	87.5	$	3.1	$	1,553.6	$	1,450.5	$	80.1	$	11.0	$	1,541.6

(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 2, 2026, January 31, 2026 and May 3, 2025 were as follows:


(in millions)	May 2, 2026		January 31, 2026		May 3, 2025
Other current assets	$	28.1	$	28.6	$	28.1
Other assets	80.3		80.8		80.8
Total deferred ESP selling costs	$	108.4	$	109.4	$	108.9

Schedule of Deferred Revenue

Deferred revenue as of May 2, 2026, January 31, 2026 and May 3, 2025 was as follows:


(in millions)	May 2, 2026		January 31, 2026		May 3, 2025
ESP deferred revenue	$	1,204.4	$	1,204.4	$	1,171.9
Other deferred revenue (1)	86.5		81.3		80.9
Total deferred revenue	$	1,290.9	$	1,285.7	$	1,252.8

Disclosed as:
Current liabilities	$	382.0	$	377.1	$	366.7
Non-current liabilities	908.9		908.6		886.1
Total deferred revenue	$	1,290.9	$	1,285.7	$	1,252.8

(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 2, 2026		May 3, 2025
ESP deferred revenue, beginning of period	$	1,204.4	$	1,170.8
Plans sold (1)	138.9		135.0
Revenue recognized (2)	(138.9)		(133.9)
ESP deferred revenue, end of period	$	1,204.4	$	1,171.9

(1) Includes impact of foreign exchange translation.

(2) The Company recognized sales of $90.8 million and $87.6 million during the 13 weeks ended May 2, 2026 and May 3, 2025, respectively, related to deferred revenue that existed at the beginning of the periods.