v3.26.1
Segmented Information (Tables)
 6 Months Ended
Aug. 02, 2026
Segment Reporting [Abstract]  
Schedule of Detailed Segmented Information
The following outlines segmented information:
Second Quarter 2026

Americas
China Mainland
Rest of World
Total Segments
Corporate(1)
Total
(In thousands)
Net revenue$1,616,772 $407,095 $391,764 $2,415,631 $— $2,415,631 
Product costs(2)
376,770 89,073 115,136 580,979 — 580,979 
Other cost of sales(2)
190,694 56,326 72,554 319,574 53,200 372,774 
Selling, general and administrative expenses454,895 110,426 129,101 694,422 311,910 1,006,332 
Amortization of intangible assets— — — — 1,893 1,893 
Income from operations$594,413 $151,270 $74,973 $820,656 $(367,003)$453,653 
Other income (expense), net13,698 
Income before income tax expense$467,351 
Supplemental information:
Depreciation and amortization(3)
$65,757 $11,144 $11,092 $87,993 $54,339 $142,332 
Second Quarter 2025

Americas
China Mainland
Rest of World
Total Segments
Corporate(1)
Total
(In thousands)
Net revenue$1,758,217 $392,898 $374,104 $2,525,219 $— $2,525,219 
Product costs(2)
515,473 92,219 108,449 716,141 — 716,141 
Other cost of sales(2)
158,390 51,139 63,200 272,729 59,147 331,876 
Selling, general and administrative expenses464,960 97,050 121,212 683,222 268,436 951,658 
Amortization of intangible assets— — — — 1,730 1,730 
Income from operations$619,394 $152,490 $81,243 $853,127 $(329,313)$523,814 
Other income (expense), net9,737 
Income before income tax expense$533,551 
Supplemental information:
Depreciation and amortization(3)
$54,499 $8,871 $8,574 $71,944 $47,771 $119,715 
First Two Quarters 2026

Americas
China Mainland
Rest of World
Total Segments
Corporate(1)
Total
(In thousands)
Net revenue$3,237,982 $885,490 $763,762 $4,887,234 $— $4,887,234 
Product costs(2)
922,329 189,631 215,464 1,327,424 — 1,327,424 
Other cost of sales(2)
374,666 119,882 144,563 639,111 120,003 759,114 
Selling, general and administrative expenses938,094 221,638 259,339 1,419,071 647,249 2,066,320 
Amortization of intangible assets— — — — 3,777 3,777 
Income from operations$1,002,893 $354,339 $144,396 $1,501,628 $(771,029)$730,599 
Other income (expense), net22,829 
Income before income tax expense$753,428 
Supplemental information:
Depreciation and amortization(3)
$128,011 $23,134 $21,630 $172,775 $104,892 $277,667 
First Two Quarters 2025

Americas
China Mainland
Rest of World
Total Segments
Corporate(1)
Total
(In thousands)
Net revenue$3,432,775 $760,999 $702,105 $4,895,879 $— $4,895,879 
Product costs(2)
996,293 174,034 198,713 1,369,040 — 1,369,040 
Other cost of sales(2)
315,037 101,412 121,671 538,120 128,391 666,511 
Selling, general and administrative expenses912,720 179,428 227,622 1,319,770 574,759 1,894,529 
Amortization of intangible assets— — — — 3,360 3,360 
Income from operations$1,208,725 $306,125 $154,099 $1,668,949 $(706,510)$962,439 
Other income (expense), net21,523 
Income before income tax expense$983,962 
Supplemental information:
Depreciation and amortization(3)
$105,940 $17,447 $17,286 $140,673 $93,571 $234,244 
__________
(1)Corporate includes centrally managed support functions including product design, raw material development, product innovation, sourcing, supply chain, and global merchandising which are included in other cost of sales. Administrative corporate expenses include technology, brand and marketing, finance, human resources, legal, and other head office costs.
(2)Cost of goods sold is made up of product costs and other cost of sales. Product costs include the cost of purchased merchandise, costs incurred to deliver inventory to the Company's distribution centers, shrink and inventory provision expenses, the cost of digital content subscription services, hemming costs and other product alteration costs, and product-related royalties paid to third parties. International Emergency Economic Power Act ("IEEPA") tariff refunds of $134.5 million during the second quarter of 2026 are included within product costs in the Americas. Other cost of sales includes occupancy and depreciation expense for company-operated stores, distribution center costs, and product department costs.
(3)The amounts of depreciation and amortization disclosed by reportable segment are included within other cost of sales and selling, general and administrative expenses.