v3.26.1
Segment Reporting
 3 Months Ended
May 02, 2026
Segment Reporting [Abstract]  
Segment Reporting
Note 12. Segment Reporting
We have determined that we have one reportable segment, which includes the operation of our e-Commerce platform and stores. The single segment was identified based on how the Chief Operating Decision Maker (“CODM”), who we have determined to be our Chief Executive Officer, manages and evaluates performance and allocates resources based on consolidated net income. As the CODM is not provided any asset information, we do not disclose the measure of segment assets. Net sales related to our operations in Canada and Puerto Rico during the three-month periods ended May 2, 2026 and May 3, 2025 were not material and, therefore, are not reported separately from domestic net sales. Long-lived assets in Canada and Puerto Rico as of May 2, 2026 and January 31, 2026 are not reported separately from domestic long-lived assets as they were not material.
The following table presents information regularly provided to the CODM about our reportable segment (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Net sales$245,800 $265,965 
Less:
Cost of goods sold (A)
152,877 155,646 
Selling, general and administrative expenses (B)
60,786 67,884 
Depreciation and amortization (C)
6,343 9,394 
Share-based compensation2,019 1,469 
Marketing expenses14,542 15,359 
Interest expense7,719 8,161 
Provision for income taxes457 2,632 
Interest income, net of other (income) expense(27)(706)
Other expenses (D)
670 186 
Net income$414 $5,940 
(A)Cost of goods sold as provided to the CODM excludes depreciation and amortization and share-based compensation, which are presented separately.
(B)Selling, general and administrative expenses as provided to the CODM exclude depreciation and amortization, share-based compensation and other expenses, which are presented separately.
(C)Depreciation and amortization excludes amortization of debt issuance costs and original issue discount that are reflected in interest expense.
(D)Other expenses include severance costs for certain key management positions, certain transaction and litigation fees, and the reimbursement of certain management expenses, primarily for travel, incurred by Sycamore on our behalf, which are not considered to be part of our core business.