| ASSET IMPAIRMENT The following table provides asset impairment charges for the thirteen weeks ended May 2, 2026 and May 3, 2025: | | | | | | | | | | | | | | | | | Thirteen Weeks Ended | | | | (in thousands) | May 2, 2026 | | May 3, 2025 | | | | | | Operating lease right-of-use asset impairment | $ | 668 | | | $ | 449 | | | | | | | Property and equipment asset impairment | 1,517 | | | 230 | | | | | | | | | | | | | | | Total asset impairment | $ | 2,185 | | | $ | 679 | | | | | |
Asset impairment charges for the thirteen weeks ended May 2, 2026 and May 3, 2025 related to certain of the Company’s store assets, primarily in the EMEA and APAC segments. The store impairment charges for the thirteen weeks ended May 2, 2026 reduced the then carrying amount of the impaired stores’ assets to their fair value of approximately $83.1 million, including $63.7 million related to operating lease right-of-use assets.
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