There were no impairment and restructuring charges recorded during the 13 weeks ended May 2, 2026. The following table represents impairment and restructuring charges recorded within impairment and restructuring on the Consolidated Statements of Operations during the 13 weeks ended May 3, 2025.


	13 Weeks Ended
	May 3,
(In thousands)	2025
Long-lived asset impairment charges (1)	$	15,274
Employee severance (2)		1,845
Total impairment and restructuring charges	$	17,119

The following footnotes relate to impairment and restructuring charges recorded in the 13 weeks ended May 3, 2025:

(1)

The Company recorded $15.3 million of asset impairment charges primarily related to closing two fulfillment centers as part of its supply chain network optimization project. Of this amount, $10.4 million of charges relate to ROU assets and $4.9 million relates to property and equipment.

(2)

The Company recorded $1.8 million of employee severance, primarily related to closing two fulfillment centers.

A rollforward of the restructuring liabilities recognized in the Consolidated Balance Sheet is as follows:


	13 Weeks Ended
	May 2,
(In thousands)	2026
Accrued liability as of January 31, 2026	$	13,108
Less: Cash payments and adjustments		(3,506	)
Accrued liability as of May 2, 2026	$	9,602