Summary of Significant Accounting Policies (Tables)
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6 Months Ended |
Aug. 01, 2026 |
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| Accounting Policies [Abstract] |
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| Disaggregation of Revenue |
The following table summarizes net sales from our retail stores and e-com (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Thirteen Weeks Ended | | Twenty-Six Weeks Ended | | August 1,
2026 | | August 2,
2025 | | August 1,
2026 | | August 2,
2025 | | Retail stores | $ | 129,025 | | | $ | 122,737 | | | $ | 225,341 | | | $ | 208,649 | | | E-com | 34,483 | | | 28,519 | | | 62,885 | | | 50,218 | | | Total net sales | $ | 163,508 | | | $ | 151,256 | | | $ | 288,226 | | | $ | 258,867 | |
The following table summarizes the percentage of net sales by department: | | | | | | | | | | | | | | | | | | | | | | | | | Thirteen Weeks Ended | | Twenty-Six Weeks Ended | | August 1,
2026 | | August 2,
2025 | | August 1,
2026 | | August 2,
2025 | | Mens | 32 | % | | 33 | % | | 32 | % | | 34 | % | | Womens | 30 | % | | 29 | % | | 31 | % | | 30 | % | | Accessories | 15 | % | | 15 | % | | 13 | % | | 14 | % | | Footwear | 10 | % | | 12 | % | | 12 | % | | 12 | % | | Girls | 7 | % | | 6 | % | | 6 | % | | 5 | % | | Boys | 6 | % | | 5 | % | | 6 | % | | 5 | % | | Total net sales | 100 | % | | 100 | % | | 100 | % | | 100 | % |
The following table summarizes the percentage of net sales by third-party and proprietary branded merchandise: | | | | | | | | | | | | | | | | | | | | | | | | | Thirteen Weeks Ended | | Twenty-Six Weeks Ended | | August 1,
2026 | | August 2,
2025 | | August 1,
2026 | | August 2,
2025 | | Third-party | 61 | % | | 63 | % | | 60 | % | | 63 | % | | Proprietary | 39 | % | | 37 | % | | 40 | % | | 37 | % | | Total net sales | 100 | % | | 100 | % | | 100 | % | | 100 | % |
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| Lessee, Operating Lease, Liability, Maturity |
The maturity of operating lease liabilities and sublease income as of August 1, 2026 were as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal Year | Related Party | | Other | | Total | | Sublease Income | | | 2026 | $ | 2,228 | | | $ | 29,857 | | | $ | 32,085 | | | $ | 53 | | | | 2027 | 4,167 | | | 49,737 | | | 53,904 | | | — | | | | 2028 | 2,251 | | | 34,049 | | | 36,300 | | | — | | | | 2029 | 2,363 | | | 24,212 | | | 26,575 | | | — | | | | 2030 | 2,481 | | | 16,839 | | | 19,320 | | | — | | | | Thereafter | 2,229 | | | 32,203 | | | 34,432 | | | — | | | | Total minimum lease payments | 15,719 | | | 186,897 | | | 202,616 | | | 53 | | | | Less: Amount representing interest | 1,705 | | | 31,498 | | | 33,203 | | | — | | | | Present value of operating lease liabilities | $ | 14,014 | | | $ | 155,399 | | | $ | 169,413 | | | $ | 53 | | |
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| Components of Property, Plant and Equipment |
At August 1, 2026, January 31, 2026 and August 2, 2025, property and equipment consisted of the following (in thousands): | | | | | | | | | | | | | | | | | | | August 1,
2026 | | January 31,
2026 | | August 2,
2025 | | Leasehold improvements | $ | 148,858 | | | $ | 150,338 | | | $ | 153,722 | | | Computer hardware and software | 50,112 | | | 49,119 | | | 49,141 | | | Furniture and fixtures | 41,029 | | | 41,797 | | | 43,303 | | | Machinery and equipment | 33,420 | | | 33,513 | | | 33,829 | | | Vehicles | 2,254 | | | 2,254 | | | 2,167 | | | Construction in progress | 4,699 | | | 4,428 | | | 3,045 | | | Property and equipment, gross | 280,372 | | | 281,449 | | | 285,207 | | | Accumulated depreciation | (248,285) | | | (247,945) | | | (249,363) | | | Property and equipment, net | $ | 32,087 | | | $ | 33,504 | | | $ | 35,844 | |
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| Schedule of Lease Expense and Supplemental Lease Information |
Lease expense for the thirteen and twenty-six week periods ended August 1, 2026 and August 2, 2025 was as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Thirteen Weeks Ended | | | August 1, 2026 | | August 2, 2025 | | | Cost of goods sold | | SG&A | | Total | | Cost of goods sold | | SG&A | | Total | | Fixed operating lease expense | | $ | 15,022 | | | $ | 322 | | | $ | 15,344 | | | $ | 15,931 | | | $ | 323 | | | $ | 16,254 | | | Variable lease expense | | 3,693 | | 8 | | 3,701 | | 3,385 | | | 7 | | | 3,392 | | | Total lease expense | | $ | 18,715 | | | $ | 330 | | | $ | 19,045 | | | $ | 19,316 | | | $ | 330 | | | $ | 19,646 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Twenty-Six Weeks Ended | | | August 1, 2026 | | August 2, 2025 | | | Cost of goods sold | | SG&A | | Total | | Cost of goods sold | | SG&A | | Total | | Fixed operating lease expense | | $ | 29,996 | | | $ | 632 | | | $ | 30,628 | | | $ | 32,428 | | | $ | 663 | | | $ | 33,091 | | | Variable lease expense | | 7,417 | | 30 | | 7,447 | | 6,959 | | | 19 | | | $ | 6,978 | | | Total lease expense | | $ | 37,413 | | | $ | 662 | | | $ | 38,075 | | | $ | 39,387 | | | $ | 682 | | | $ | 40,069 | |
Supplemental lease information for the twenty-six weeks ended August 1, 2026 and August 2, 2025 was as follows: | | | | | | | | | | | | | | | | | Twenty-Six Weeks Ended | | | | | | August 1, 2026 | | August 2, 2025 | | | | | | Cash paid for amounts included in the measurement of operating lease liabilities (in thousands) | $32,187 | | $34,930 | | | | | | Weighted average remaining lease term (in years) | 4.6 years | | 4.9 years | | | | | Weighted average interest rate (1) | 7.79% | | 7.01% | | | | |
(1) Since our leases do not provide an implicit rate, we used our incremental borrowing rate ("IBR") at lease inception, or lease modification, in determining the present value of future minimum payments. In determining an appropriate IBR, our assumptions included the use of a consistent discount rate for a portfolio of leases entered into at varying dates, the full 10-year term of the lease, excluding any options, and the total minimum lease payments.
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