v3.26.1
Revenue Recognition
 3 Months Ended
May 02, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition
Note 4. Revenue Recognition
Our revenue, disaggregated by product category, consists of the following (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Apparel$227,785 $239,787 
Non-apparel9,549 18,253 
Other8,466 7,925 
Total net sales$245,800 $265,965 
Amounts within Apparel include revenues earned from the sale of tops, bottoms, dresses, intimates, sleep wear, swim wear and outerwear. Amounts within Non-apparel include revenues earned from the sale of accessories, footwear and beauty. Amounts within Other primarily represent royalties, profit-sharing and marketing and promotional funds received from the use of private label credit cards (“PLCC Funds”).
We recognize a contract liability when we receive consideration from a customer before our performance obligations under the terms of a contract or an implied arrangement with the customer are satisfied. The opening and closing balances of our contract liabilities are as follows (in thousands):
May 2, 2026January 31, 2026
Accrued loyalty program(1)
$9,755 $9,425 
Gift cards(1)
$12,303 $13,695 
Deferred revenue(2)
$2,476 $2,683 
Deferred PLCC Funds(3)
$2,833 $2,958 
(1)Amounts are included within accrued and other current liabilities in the condensed consolidated balance sheets.
(2)Amount as of May 2, 2026 consists of $2.3 million within accrued and other current liabilities and $0.2 million within other noncurrent liabilities in the condensed consolidated balance sheet. Amount as of January 31, 2026 consists of $2.5 million within accrued and other current liabilities and $0.2 million within other noncurrent liabilities in the condensed consolidated balance sheet.
(3)Amount as of May 2, 2026 consists of $0.5 million within accrued and other current liabilities and $2.3 million within other noncurrent liabilities in the condensed consolidated balance sheet. Amount as of January 31, 2026 consists of $0.5 million within accrued and other current liabilities and $2.5 million within other noncurrent liabilities in the condensed consolidated balance sheet.
During the three-month period ended May 2, 2026, we recognized revenue of approximately $4.8 million, $2.2 million, $2.3 million and $0.1 million related to our accrued loyalty program, gift cards, deferred revenue and deferred PLCC Funds, respectively, that existed at the beginning of fiscal year 2026. During the three-month period ended May 3, 2025, we recognized revenue of approximately $6.2 million, $3.2 million, $2.8 million and $0.1 million related to our accrued loyalty program, gift cards, deferred revenue and deferred PLCC Funds, respectively, that existed at the beginning of fiscal year 2025.
During the three-month periods ended May 2, 2026 and May 3, 2025, we recorded $0.3 million and $1.8 million, respectively, as a reduction to net sales to reflect the estimated value of future award redemptions under our loyalty program.