v3.26.1
Business Segment Information (Tables)
6 Months Ended
Aug. 01, 2026
Business Segment Information  
Schedule of segment reporting information, by segment

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Thirteen Weeks Ended August 1, 2026

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​

Famous

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Brand

​

Eliminations

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​

​

($ thousands)

  ​ ​ ​

Footwear

  ​ ​ ​

Portfolio

  ​ ​ ​

and Other

  ​ ​ ​

Total

Net sales (1)

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$

374,360

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$

340,597

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$

(19,503)

​

$

695,454

Cost of goods sold (2)

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214,552

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117,843

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(17,916)

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314,479

Gross profit

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​

159,808

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222,754

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(1,587)

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​

380,975

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​

​

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​

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Less expenses:

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​

​

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​

​

​

​

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Retail stores (3)

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​

94,843

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​

16,364

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—

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​

111,207

Information technology

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6,329

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​

8,720

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​

1,699

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​

16,748

Warehousing and distribution

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14,366

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13,480

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664

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28,510

Advertising and marketing

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​

14,745

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22,116

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175

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37,036

Other expenses (4)

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24,361

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70,826

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14,673

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109,860

Operating earnings (loss)

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$

5,164

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$

91,248

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$

(18,798)

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$

77,614

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Segment assets

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$

931,336

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$

1,020,370

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$

184,636

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$

2,136,342

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​

​

​

​

​

​

​

​

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Thirteen Weeks Ended August 2, 2025

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​

Famous

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Brand

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Eliminations

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($ thousands)

  ​ ​ ​

Footwear

  ​ ​ ​

Portfolio

  ​ ​ ​

and Other

  ​ ​ ​

Total

Net sales (1)

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$

399,593

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$

275,620

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$

(16,694)

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$

658,519

Cost of goods sold

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224,862

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164,565

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(16,703)

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372,724

Gross profit

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174,731

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​

111,055

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9

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285,795

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Less expenses:

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​

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Retail stores (3)

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​

93,923

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7,467

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—

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​

101,390

Information technology

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7,823

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7,690

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1,229

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16,742

Warehousing and distribution

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15,377

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14,099

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(1,869)

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27,607

Advertising and marketing

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15,150

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​

17,238

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211

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32,599

Restructuring and other special charges, net

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123

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1,792

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4,841

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​

6,756

Other expenses (4)

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23,784

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56,120

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11,505

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​

91,409

Operating earnings (loss)

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$

18,551

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$

6,649

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$

(15,908)

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$

9,292

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Segment assets

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$

941,398

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$

920,455

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$

290,375

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$

2,152,228

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Twenty-Six Weeks Ended August 1, 2026

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​

Famous

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Brand

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Eliminations

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​

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($ thousands)

  ​ ​ ​

Footwear

  ​ ​ ​

Portfolio

  ​ ​ ​

and Other

  ​ ​ ​

Total

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Net sales (1)

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$

693,681

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$

696,867

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$

(28,495)

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$

1,362,053

Cost of goods sold (2)

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​

393,867

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299,602

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(27,863)

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665,606

Gross profit

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299,814

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397,265

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(632)

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696,447

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Less expenses:

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Retail stores (3)

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​

185,785

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32,557

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—

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218,342

Information technology

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13,490

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17,401

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2,194

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33,085

Warehousing and distribution

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27,205

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28,394

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(13)

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55,586

Advertising and marketing

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22,630

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49,913

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229

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72,772

Restructuring and other special charges, net

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—

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457

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(2,583)

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(2,126)

Other expenses (4)

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45,977

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138,203

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33,125

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217,305

Operating earnings (loss)

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$

4,727

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$

130,340

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$

(33,584)

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$

101,483

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Segment assets

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$

931,336

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$

1,020,370

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$

184,636

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$

2,136,342

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Twenty-Six Weeks Ended August 2, 2025

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​

Famous

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Brand

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Eliminations

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($ thousands)

  ​ ​ ​

Footwear

  ​ ​ ​

Portfolio

  ​ ​ ​

and Other

  ​ ​ ​

Total

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Net sales (1)

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$

727,269

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$

571,015

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$

(25,544)

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$

1,272,740

Cost of goods sold

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​

404,096

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330,674

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(26,519)

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708,251

Gross profit

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323,173

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240,341

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975

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564,489

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Less expenses:

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Retail stores (3)

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183,544

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14,900

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—

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198,444

Information technology

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15,633

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15,334

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2,627

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33,594

Warehousing and distribution

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29,377

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30,259

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(4,949)

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54,687

Advertising and marketing

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23,805

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38,779

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350

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62,934

Restructuring and other special charges, net

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123

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1,792

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5,468

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7,383

Other expenses (4)

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47,166

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115,213

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24,192

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​

186,571

Operating earnings (loss)

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$

23,525

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$

24,064

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$

(26,713)

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$

20,876

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Segment assets

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$

941,398

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$

920,455

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$

290,375

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$

2,152,228

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(1)Net sales includes intersegment sales from Brand Portfolio to Famous Footwear of $19.5 million and $16.7 million for the thirteen weeks ended August 1, 2026 and August 2, 2025, respectively.  Net sales includes intersegment sales from Brand Portfolio to Famous Footwear of $28.5 million and $25.5 million for the twenty-six weeks ended August 1, 2026 and August 2, 2025, respectively.
(2)Cost of goods sold from the Brand Portfolio segment for the thirteen and twenty-six weeks ended August 1, 2026 includes $55.6 million of cost reductions related to tariff refunds.
(3)Includes compensation and facilities costs associated with the Company’s North America retail stores.
(4)Primarily includes compensation costs associated with non-retail store operations, depreciation and amortization, and other overhead expenses.
Reconciliation of operating earnings to earnings before income taxes

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Thirteen Weeks Ended

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Twenty-Six Weeks Ended

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($ thousands)

  ​ ​ ​

August 1, 2026

  ​ ​ ​

August 2, 2025

  ​ ​ ​

August 1, 2026

  ​ ​ ​

August 2, 2025

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Operating earnings

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$

77,614

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$

9,292

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$

101,483

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$

20,876

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Interest expense, net

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(4,387)

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(4,497)

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(9,068)

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(8,291)

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Other income, net (1)

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4,504

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993

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5,670

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1,677

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Earnings before income taxes

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$

77,731

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$

5,788

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$

98,085

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$

14,262

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(1)Other income, net for the thirteen and twenty-six weeks ended August 1, 2026 includes $1.8 million of interest income related to tariff refunds.