v3.26.1
Revenue (Tables)
3 Months Ended
May 01, 2026
Revenue from Contract with Customer [Abstract]  
Disaggregated of Revenue by Geographic Location

The Company’s revenue is disaggregated by distribution channel and geographic location. Revenue by distribution channel is presented in Note 13, Segment Reporting. Revenue by geographic location was:

 

 

 

13 Weeks Ended

 

(in thousands)

 

May 1, 2026

 

 

May 2, 2025

 

Net revenue:

 

 

 

 

 

 

United States

 

$

216,055

 

 

$

241,063

 

Europe

 

 

21,026

 

 

 

18,319

 

Other

 

 

1,835

 

 

 

1,826

 

Total Net revenue

 

$

238,916

 

 

$

261,208

 

Summary of Deferred Revenue The following table summarizes the deferred revenue associated with payments received in advance of the transfer of control to the customer, reported in Accrued expenses and other current liabilities in the Condensed Consolidated Balance Sheets, and amounts recognized through Net revenue for each period presented. The majority of deferred revenue as of May 1, 2026 is expected to be recognized in Net revenue in the fiscal quarter ending July 31, 2026, as products are delivered to customers.

 

 

13 Weeks Ended

 

(in thousands)

 

May 1, 2026

 

 

May 2, 2025

 

Deferred revenue beginning of period

 

$

3,019

 

 

$

6,584

 

Deferred revenue recognized in period

 

 

(2,806

)

 

 

(6,370

)

Revenue deferred in period

 

 

10,003

 

 

 

4,835

 

Deferred revenue end of period

 

$

10,216

 

 

$

5,049

 

 

Reconciliation of Gift Card Contract Liability The following table provides the reconciliation of the contract liability related to gift cards:

 

 

13 Weeks Ended

 

(in thousands)

 

May 1, 2026

 

 

May 2, 2025

 

Balance as of beginning of period

 

$

31,350

 

 

$

34,746

 

Gift cards issued

 

 

13,817

 

 

 

14,612

 

Gift cards redeemed

 

 

(11,180

)

 

 

(15,310

)

Gift card breakage

 

 

(3,180

)

 

 

(684

)

Balance as of end of period

 

$

30,807

 

 

$

33,364