v3.26.1
Segment Reporting
 3 Months Ended
May 02, 2026
Segment Reporting [Abstract]  
Segment Reporting

13. Segment Reporting

Operating Segments

The Company operates through two operating segments, Retail and Direct, based on the criteria used by the Chief Operating Decision Maker (“CODM”) to monitor performance and allocate resources. For reporting purposes, these operating segments have been aggregated into a single reportable segment due to their similar economic characteristics and shared resources. The segment derives its revenues from the sale of apparel and accessory merchandise through the retail stores and website and catalog orders.

Performance Assessment and Resource Allocation

The Company’s CODM is the Chief Executive Officer. To assess the performance of the Company, the CODM primarily uses net income to analyze shopping behaviors and allocate resources effectively to enhance sales and margins. Net income is integral to the annual budgeting and forecasting process, with monthly reviews of variances from actuals against plan and forecast when making

decisions on marketing spend, capital investments, and personnel. The accounting policies of the segment are the same as those described in the summary of significant accounting policies.

An extract of the financial information that is regularly provided to the CODM for the Company’s single reportable segment is listed below:

 

 

For the Thirteen Weeks Ended

 

 

May 2, 2026

 

 

May 3, 2025

 

Net sales

$

144,427

 

 

$

153,624

 

Costs of goods sold (exclusive of depreciation and amortization)

 

45,734

 

 

 

43,267

 

Selling expenses

 

49,707

 

 

 

47,774

 

Marketing expenses

 

12,995

 

 

 

14,239

 

General and administrative expenses

 

19,271

 

 

 

21,009

 

Other segment items (a)

 

12,032

 

 

 

15,643

 

Net income and total comprehensive income

$

4,688

 

 

$

11,692

 
(a)
Other segment items represent the Company's OMS upgrade, management incentives, impairments of long-lived assets, interest expense, interest income, income taxes, and depreciation and amortization.

Geographic Information

All of the Company’s identifiable assets are located in the United States, which is where the Company is domiciled. The Company has immaterial sales outside the United States. No customer represents more than 10% of total revenues for any period presented.