v3.26.1
Segment Reporting
 6 Months Ended
Aug. 01, 2026
Segment Reporting [Abstract]  
Segment Reporting

13. Segment Reporting

Operating Segments

The Company operates through two operating segments, Retail and Direct, based on the criteria used by the Chief Operating Decision Maker (“CODM”) to monitor performance and allocate resources. For reporting purposes, these operating segments have been aggregated into a single reportable segment due to their similar economic characteristics and shared resources. The segment derives its revenues from the sale of apparel and accessory merchandise through the retail stores and website and catalog orders.

Performance Assessment and Resource Allocation

The Company’s CODM is the Chief Executive Officer. To assess the performance of the Company, the CODM primarily uses net income to analyze shopping behaviors and allocate resources effectively to enhance sales and margins. Net income is integral to the annual budgeting and forecasting process, with monthly reviews of variances from actuals against plan and forecast when making decisions on marketing spend, capital investments, and personnel. The accounting policies of the segment are the same as those described in the summary of significant accounting policies.

An extract of the financial information that is regularly provided to the CODM for the Company’s single reportable segment is listed below:

 

 

For the Thirteen Weeks Ended

 

For the Twenty-Six Weeks Ended

 

 

August 1, 2026

 

 

August 2, 2025

 

August 1, 2026

 

 

August 2, 2025

 

Net sales

$

154,829

 

 

$

153,987

 

$

299,256

 

 

$

307,611

 

Costs of goods sold (exclusive of depreciation and amortization)

 

35,850

 

 

$

48,630

 

 

81,584

 

 

$

91,897

 

Selling expenses

 

51,809

 

 

 

48,794

 

 

101,517

 

 

 

96,568

 

Marketing expenses

 

13,958

 

 

 

12,097

 

 

26,953

 

 

 

26,336

 

General and administrative expenses

 

20,388

 

 

 

18,877

 

 

39,658

 

 

 

39,886

 

Other segment items (a)

 

16,050

 

 

 

15,074

 

 

28,082

 

 

 

30,717

 

Net income and total comprehensive income

$

16,774

 

 

$

10,515

 

$

21,462

 

 

$

22,207

 
(a)
Other segment items represent the Company’s OMS upgrade, management incentives, impairments of long-lived assets, interest expense, interest income, income taxes, and depreciation and amortization.

Geographic Information

All of the Company’s identifiable assets are located in the United States, which is where the Company is domiciled. The Company has immaterial sales outside the United States. No customer represents more than 10% of total revenues for any period presented.