Summary of Significant Accounting Policies (Tables)

3 Months Ended

May 02, 2026

The following table summarizes net sales from our retail stores and e-com (in thousands):


	Thirteen Weeks Ended
	May 2, 2026		May 3, 2025
Retail stores	$	96,317	$	85,912
E-com	28,401		21,699
Total net sales	$	124,718	$	107,611

The following table summarizes the percentage of net sales by department:


	Thirteen Weeks Ended
	May 2, 2026		May 3, 2025
Mens	32	%	36	%
Womens	32	%	31	%
Footwear	14	%	13	%
Accessories	11	%	12	%
Girls	6	%	4	%
Boys	5	%	4	%
Total net sales	100	%	100	%

The following table summarizes the percentage of net sales by third-party and proprietary branded merchandise:


	Thirteen Weeks Ended
	May 2, 2026		May 3, 2025
Third-party	59	%	63	%
Proprietary	41	%	37	%
Total net sales	100	%	100	%

Lessee, Operating Lease, Liability, Maturity

The maturity of operating lease liabilities and sublease income as of May 2, 2026 were as follows (in thousands):


Fiscal Year	Related Party		Other		Total		Sublease Income
2026	$	3,322	$	43,712	$	47,034	$	79
2027	4,167		47,269		51,436		—
2028	2,251		32,246		34,497		—
2029	2,363		23,154		25,517		—
2030	2,481		15,848		18,329		—
Thereafter	2,229		31,929		34,158		—
Total minimum lease payments	16,813		194,158		210,971		79
Less: Amount representing interest	1,876		33,215		35,091		—
Present value of operating lease liabilities	$	14,937	$	160,943	$	175,880	$	79

Components of Property, Plant and Equipment

At May 2, 2026, January 31, 2026 and May 3, 2025, property and equipment consisted of the following (in thousands):


	May 2, 2026		January 31, 2026		May 3, 2025
Leasehold improvements	$	148,597	$	150,338	$	156,839
Computer hardware and software	50,033		49,119		48,992
Furniture and fixtures	41,015		41,797		44,517
Machinery and equipment	33,412		33,513		34,068
Vehicles	2,254		2,254		2,222
Construction in progress	3,929		4,428		2,796
Property and equipment, gross	279,240		281,449		289,434
Accumulated depreciation	(246,721)		(247,945)		(251,558)
Property and equipment, net	$	32,519	$	33,504	$	37,876

Schedule of Lease Expense and Supplemental Lease Information

Lease expense for the thirteen-week periods ended May 2, 2026 and May 3, 2025 was as follows (in thousands):


	Thirteen Weeks Ended
	May 2, 2026						May 3, 2025
	Cost of goods sold		SG&A		Total		Cost of goods sold		SG&A		Total
Fixed operating lease expense	$	14,974	$	310	$	15,284	$	16,497	$	341	$	16,838
Variable lease expense	3,725		21		3,746		3,574		12		3,586
Total lease expense	$	18,699	$	331	$	19,030	$	20,071	$	353	$	20,424

Supplemental lease information for the thirteen weeks ended May 2, 2026 and May 3, 2025 was as follows:

Thirteen Weeks Ended

May 2, 2026

May 3, 2025

Cash paid for amounts included in the measurement of operating lease liabilities (in thousands)

$16,193

$17,614

Weighted average remaining lease term (in years)

4.7 years

4.9 years

Weighted average interest rate (1)

7.68%

6.82%

(1) Since our leases do not provide an implicit rate, we used our incremental borrowing rate ("IBR") at lease inception, or lease modification, in determining the present value of future minimum payments. In determining an appropriate IBR, our assumptions included the use of a consistent discount rate for a portfolio of leases entered into at varying dates, the full 10-year term of the lease, excluding any options, and the total minimum lease payments.