v3.26.1
Revenue
 3 Months Ended
May 03, 2026
Revenue [Abstract]  
Revenue

10. REVENUE

The Company’s revenue primarily consists of the sale of apparel, footwear and hard goods.

Sales disaggregated based upon sales channel is presented below.

 

 

 

Three Months Ended

 

 

 

 

May 3, 2026

 

 

May 4, 2025

 

 

(in thousands)

 

 

 

 

 

 

 

Direct-to-consumer

 

$

57,133

 

 

$

62,552

 

 

Stores

 

 

41,461

 

 

 

40,152

 

 

 

$

98,594

 

 

$

102,704

 

 

 

Contract Assets and Liabilities

Contract assets and liabilities on the Company’s consolidated balance sheets are presented in the following table:

 

 

 

May 3, 2026

 

 

February 1, 2026

 

(in thousands)

 

 

 

 

 

 

Contract assets

 

$

1,293

 

 

$

2,020

 

Contract liabilities

 

$

7,883

 

 

$

9,192

 

 

The following table provides the reconciliation of the contract liability related to gift cards for the three months ended:

 

 

 

May 3, 2026

 

 

May 4, 2025

 

(in thousands)

 

 

 

 

 

 

Balance as of beginning of period

 

$

9,192

 

 

$

9,782

 

Gift cards sold

 

 

2,085

 

 

 

2,797

 

Gift cards redeemed

 

 

(3,314

)

 

 

(4,034

)

Gift card breakage

 

 

(80

)

 

 

(31

)

Balance as of end of period

 

$

7,883

 

 

$

8,514