LEASES (Tables)

12 Months Ended

Aug. 01, 2026

Schedule of Maturities of Operating Lease Liabilities

The future lease payments as of August 1, 2026, were as follows:


(in thousands)	August 1, 2026
2027	$	23,927
2028	22,544
2029	9,170
2030	9,409
2031	6,922
Thereafter	3,267
Total undiscounted future minimum lease payments(1)	75,239
Less: imputed interest	6,894
Total discounted future minimum lease payments	$	68,345

(1) Total future minimum lease payments have not been reduced by minimum sublease income of approximately $8.7 million.

Schedule of Lease Components and Supplemental Cash Flows


	For the Fiscal Year Ended
(in thousands)	August 1, 2026		August 2, 2025		August 3, 2024
Cash paid for amounts included in the measurement of operating lease liabilities	$	29,516	$	29,966	$	35,461
Operating lease right-of-use assets obtained in exchange for operating lease liabilities, net of impairments and other reductions (1)	—		—		(21,055)

(1) In fiscal 2024, the Company recorded an impairment charge related to a portion of its corporate office space of $16.6 million. Refer to Note 14 herein for additional information. In addition, in fiscal 2024, the Company entered into an early termination of its lease at our Dallas warehouse, resulting in removal of the right-of-use asset which was included in the $1.5 million loss on lease termination, recorded within selling, general, and administrative expenses on the consolidated statements of operations and comprehensive loss.

The components of our rent expense, which are recorded in selling, general, and administrative expense in the consolidated statement of operations and comprehensive loss, were as follows:


	For the Fiscal Year Ended
(in thousands)	August 1, 2026		August 2, 2025		August 3, 2024
Operating lease cost	$	16,315	$	18,206	$	26,949
Variable lease costs	7,165		7,253		8,807
Short-term lease costs	—		3		13
Operating lease impairment (1)	—		—		16,562
Loss on early termination	—		—		1,465
Sublease income	(8,889)		(9,044)		(8,216)
Total	$	14,591	$	16,418	$	45,580

(1) Refer to Note 14 herein for additional information.