v3.26.3
SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Aug. 01, 2026
Accounting Policies [Abstract]  
Schedule of Estimated Useful Lives of Assets
The estimated useful lives of our assets are as follows:
Estimated useful life
Computer equipment and capitalized software3 years
Office furniture and equipment5 years
Leasehold improvementsShorter of lease term or estimated useful life
Property and equipment, net consisted of the following:
(in thousands)August 1, 2026August 2, 2025
Computer equipment$7,453 $6,931 
Office furniture and equipment44,144 39,918 
Leasehold improvements38,559 38,520 
Capitalized software151,712 135,353 
Construction in progress558 1,983 
Total property and equipment242,426 222,705 
Less: accumulated depreciation and amortization(201,986)(179,506)
Property and equipment, net$40,440 $43,199 
Schedule of Contractual Liabilities and Revenue Recognized
The following table summarizes the balances of contractual liabilities included in deferred revenue, gift card liability, and other current liabilities as of the dates indicated:
(in thousands)August 1, 2026August 2, 2025
Deferred revenue:
Upfront styling fees$4,160 $4,939 
Style Pass annual fees2,065 2,638 
Freestyle orders637 1,039 
Total deferred revenue$6,862 $8,616 
Gift card liability$5,923 $6,238 
Other current liabilities:
Referral credits$242 $442 
The following table summarizes Revenue, net recognized during fiscal 2026, that was previously included in deferred revenue, gift card liability, and other current liabilities at August 2, 2025:
(in thousands)
Revenue Recognized from Amounts Previously Included in Deferred Balances at August 2, 2025
Upfront styling fees$4,889 
Style Pass annual fees2,501 
Freestyle orders668 
Gift card liability1,811 
Referral credits96