SEGMENTS (Tables)

3 Months Ended

Apr. 30, 2026

Schedule of information regarding reportable segments


	Three Months Ended April 30, 2026
	Wholesale			Retail		Elimination ⁽¹⁾		Total

	(In thousands)
Net sales	$	514,804		$	40,600	$	(19,442)	$	535,962
Cost of goods sold		186,557	⁽²⁾		21,101		(19,442)		188,216
Gross profit		328,247			19,499		—		347,746
Selling, general and administrative expenses:
Compensation		114,217			6,936		—		121,153
Facility fees		41,744			7,556		—		49,300
Advertising		32,113			3,157		—		35,270
Other segment items⁽³⁾		46,308			3,292		—		49,600
Total selling, general and administrative expenses		234,382			20,941		—		255,323
Depreciation and amortization		6,456			732		—		7,188
Operating profit (loss)	$	87,409		$	(2,174)	$	—	$	85,235


	Three Months Ended April 30, 2025
	Wholesale		Retail		Elimination ⁽¹⁾		Total

	(In thousands)
Net sales	$	562,649	$	36,375	$	(15,415)	$	583,609
Cost of goods sold		335,565		16,915		(15,415)		337,065
Gross profit		227,084		19,460		—		246,544
Selling, general and administrative expenses:
Compensation		96,873		7,269		—		104,142
Facility fees		45,486		7,386		—		52,872
Advertising		28,172		3,433		—		31,605
Other segment items⁽³⁾		39,180		3,696		—		42,876
Total selling, general and administrative expenses		209,711		21,784		—		231,495
Depreciation and amortization		5,692		881		—		6,573
Operating profit (loss)	$	11,681	$	(3,205)	$	—	$	8,476

(1)Represents intersegment sales to the Company’s retail operations segment.

(2)The wholesale operations segment includes a $119.7 million reduction in cost of goods sold during the three months ended April 30, 2026 resulting from the tariff refund receivable. See Note 12 — Tariff Refund Receivable.

(3)Other segment items include design and product development costs, professional fees, office expenses, freight and packaging, allowance for doubtful account charges and other selling, general and administrative expenses.

Schedule of total net sales by licensed and proprietary product sales


	Three Months Ended
	April 30, 2026		April 30, 2025

	(In thousands)
Licensed brands	$	162,960	$	199,060
Proprietary brands		351,844		363,589
Wholesale net sales	$	514,804	$	562,649

Proprietary brands	$	40,600	$	36,375
Retail net sales	$	40,600	$	36,375

Schedule of assets for each reportable segments, as well as assets not allocated to a segment


	April 30, 2026		April 30, 2025		January 31, 2026

	(In thousands)
Wholesale	$	1,485,217	$	1,489,257	$	1,549,760
Retail		93,710		94,998		87,769
Corporate		1,006,058		831,618		973,291
Total assets	$	2,584,985	$	2,415,873	$	2,610,820