| Revenue from Contracts with Customers |
Revenue from Contracts with Customers Disaggregation of Revenue The following presents the Company's net revenues disaggregated by product category for the thirteen weeks ended August 1, 2026 and August 2, 2025 (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | Thirteen Weeks Ended | | | August 1, 2026 | | | Direct Segment | | Indirect Segment | | Total | | Product categories | | | | | | | | Bags | | $ | 33,148 | | | $ | 3,235 | | | $ | 36,383 | | | Travel | | 15,481 | | | 1,334 | | | 16,815 | | | Accessories | | 9,001 | | | 607 | | | 9,608 | | | Home | | 4,568 | | | 81 | | | 4,649 | | | Apparel/Footwear | | 1,257 | | | 3 | | | 1,260 | | | Other | | 1,922 | | (1) | 1,012 | | (2) | 2,934 | | | Total net revenues | | $ | 65,377 | | (3) | $ | 6,272 | | (4) | $ | 71,649 | | | | | | | | | (1) Primarily includes net revenues from stationery, freight, and gift card breakage. | (2) Primarily includes net revenues from licensing agreements, freight, and visual fixtures. | | (3) Net revenues were related to product sales recognized at a point in time. | (4) $5.3 million of net revenues related to product sales recognized at a point in time and $1.0 million of net revenues related to sales-based royalties recognized over time. | |
| | | | | | | | | | | | | | | | | | | | | | | Thirteen Weeks Ended | | | August 2, 2025 | | | Direct Segment | | Indirect Segment | | Total | | Product categories | | | | | | | | Bags | | $ | 29,615 | | | $ | 6,983 | | | $ | 36,598 | | | Travel | | 14,909 | | | 1,865 | | | 16,774 | | | Accessories | | 8,702 | | | 670 | | | 9,372 | | | Home | | 3,770 | | | 158 | | | 3,928 | | | Apparel/Footwear | | 1,630 | | | 99 | | | 1,729 | | | Other | | 1,888 | | (1) | 569 | | (2) | 2,457 | | | Total net revenues | | $ | 60,514 | | (3) | $ | 10,344 | | (4) | $ | 70,858 | | | | | | | | | (1) Primarily includes net revenues from stationery, freight, and gift card breakage. | (2) Primarily includes net revenues from licensing agreements and freight. | | (3) Net revenues were related to product sales recognized at a point in time. | (4) $9.8 million of net revenues related to product sales recognized at a point in time and $0.5 million of net revenues related to sales-based royalties recognized over time. |
The following presents the Company's net revenues disaggregated by product category for the twenty-six weeks ended August 1, 2026 and August 2, 2025 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | Twenty-Six Weeks Ended | | | August 1, 2026 | | | Direct Segment | | Indirect Segment | | Total | | Product categories | | | | | | | | Bags | | $ | 52,824 | | | $ | 9,340 | | | $ | 62,164 | | | Travel | | 27,591 | | | 3,450 | | | 31,041 | | | Accessories | | 16,351 | | | 2,056 | | | 18,407 | | | Home | | 7,668 | | | 280 | | | 7,948 | | | Apparel/Footwear | | 2,435 | | | 33 | | | 2,468 | | | Other | | 3,361 | | (1) | 1,962 | | (2) | 5,323 | | | Total net revenues | | $ | 110,230 | | (3) | $ | 17,121 | | (4) | $ | 127,351 | | | | | | | | | (1) Primarily includes net revenues from stationery, freight, and gift card breakage. | (2) Primarily includes net revenues from licensing agreements, freight, and visual fixtures. | | (3) Net revenues were related to product sales recognized at a point in time. | (4) $15.2 million of net revenues related to product sales recognized at a point in time and $1.9 million of net revenues related to sales-based royalties recognized over time. | |
| | | | | | | | | | | | | | | | | | | | | | | Twenty-Six Weeks Ended | | | August 2, 2025 | | | Direct Segment | | Indirect Segment | | Total | | Product categories | | | | | | | | Bags | | $ | 46,799 | | | $ | 11,463 | | | $ | 58,262 | | | Travel | | 27,081 | | | 4,180 | | | 31,261 | | | Accessories | | 15,925 | | | 1,435 | | | 17,360 | | | Home | | 7,307 | | | 390 | | | 7,697 | | | Apparel/Footwear | | 3,192 | | | 174 | | | 3,366 | | | Other | | 3,293 | | (1) | 1,271 | | (2) | 4,564 | | | Total net revenues | | $ | 103,597 | | (3) | $ | 18,913 | | (4) | $ | 122,510 | | | | | | | | | (1) Primarily includes net revenues from stationery, freight, and gift card breakage. | (2) Primarily includes net revenues from licensing agreements and freight. | | (3) Net revenues were related to product sales recognized at a point in time. | (4) $17.7 million of net revenues related to product sales recognized at a point in time and $1.2 million of net revenues related to sales-based royalties recognized over time. |
Contract Balances Contract liabilities as of August 1, 2026 and January 31, 2026, were $1.6 million. The balance as of August 1, 2026 and January 31, 2026 consisted primarily of unredeemed gift cards. These contract liabilities are recognized within other accrued liabilities on the Company’s Condensed Consolidated Balance Sheets. Substantially all contract liabilities are recognized within one year. The Company did not have contract assets as of August 1, 2026 and January 31, 2026.
The balance for accounts receivable from contracts with customers, net of allowances, as of August 1, 2026 and January 31, 2026, was $11.3 million and $16.4 million, respectively, which is recognized within accounts receivable, net, on the Company’s Condensed Consolidated Balance Sheets. The provision for doubtful accounts was $0.6 million and $0.5 million as of August 1, 2026 and January 31, 2026, respectively. The provision for doubtful accounts is based upon the likelihood of default expected during the life of the receivable. Performance Obligations The performance obligations for the Direct and Indirect segments include the promise to transfer distinct goods (or a bundle of distinct goods). The Indirect segment also includes the right to access intellectual property (“IP”) related to the Vera Bradley brand. Remaining Performance Obligations The Company does not have remaining performance obligations in excess of one year or contracts that it does not have the right to invoice as of August 1, 2026.
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