Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Jun. 27, 2026

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts

Schedule II — Valuation and Qualifying Accounts

For the Fiscal Years Ended June 27, 2026, June 28, 2025 and June 29, 2024


	Balance at Beginning of Year		Additions Charged to Costs and Expenses		Write-offs/ Allowances Taken		Other(1)		Balance at End of Year
	(millions)
Fiscal 2026
Allowance for credit losses	$	6.7	$	6.1	$	(5.7)	$	(1.0)	$	6.1
Allowance for returns	15.7		13.4		(6.6)		(7.4)		15.1
Allowance for markdowns	12.2		13.7		(11.3)		(4.2)		10.4
Valuation allowance	17.6		—		(5.6)		—		12.0
Total	$	52.2	$	33.2	$	(29.2)	$	(12.6)	$	43.6
Fiscal 2025
Allowance for credit losses(2)	$	6.9	$	3.6	$	(3.8)	$	—	$	6.7
Allowance for returns(2)	11.2		17.3		(12.8)		—		15.7
Allowance for markdowns(2)	9.6		17.4		(14.8)		—		12.2
Valuation allowance	32.1		—		(14.5)		—		17.6
Total	$	59.8	$	38.3	$	(45.9)	$	—	$	52.2
Fiscal 2024
Allowance for credit losses	$	5.8	$	4.3	$	(3.2)	$	—	$	6.9
Allowance for returns	15.3		10.4		(14.5)		—		11.2
Allowance for markdowns	11.3		14.9		(16.6)		—		9.6
Valuation allowance	34.3		—		(2.2)		—		32.1
Total	$	66.7	$	29.6	$	(36.5)	$	—	$	59.8

(1) Other represents balances related to the Stuart Weitzman Business which was sold on August 4, 2025. Refer to Note 5, "Acquisitions and Divestitures," for additional information.

(2) Fiscal 2025 balances at end of year for Allowance for credit losses, Allowance for returns and Allowance for markdowns include balances for the Stuart Weitzman Business of $1.0 million, $7.4 million, and $4.2 million, respectively, which are presented in the Consolidated Balance Sheet as Assets held for sale as of June 28, 2025. Refer to Note 5, "Acquisitions and Divestitures," for further information.