Quarterly report pursuant to Section 13 or 15(d)

Revenue (Tables)

v3.23.1
Revenue (Tables)
3 Months Ended
Apr. 29, 2023
Revenue  
Schedule of approximate percentage of net sales by primary category

13 Weeks Ended  

April 29,

April 30,

(Percentage of net sales)

2023

2022

Cosmetics

44%

44%

Skincare

19%

18%

Haircare products and styling tools

18%

20%

Fragrance and bath

12%

12%

Services

4%

3%

Accessories and other

3%

3%

100%

100%

Summary of changes in deferred revenue

13 Weeks Ended

April 29,

April 30,

(In thousands)

2023

2022

Beginning balance

$

388,583

$

345,206

Additions to contract liabilities (1)

124,024

114,005

Deductions to contract liabilities (2)

(162,484)

(146,852)

Ending balance

$

350,123

$

312,359

(1) Loyalty points and gift cards issued in the current period but not redeemed or expired.
(2) Revenue recognized in the current period related to the beginning liability.