Annual report pursuant to Section 13 and 15(d)

Revenue (Tables)

v3.22.1
Revenue (Tables)
12 Months Ended
Jan. 29, 2022
Revenue  
Schedule of approximate percentage of net sales by primary category

The following table sets forth the approximate percentage of net sales by primary category:

Fiscal year ended

January 29,

January 30,

February 1,

(Percentage of net sales)

2022

2021

2020

Cosmetics (1)

43%

45%

51%

Haircare products and styling tools (1)

20%

20%

18%

Skincare (1)

17%

16%

14%

Fragrance and bath

14%

12%

9%

Services

3%

3%

5%

Accessories and other (1)

3%

4%

3%

100%

100%

100%

(1) Certain sales departments were reclassified between categories in the prior year to conform to current year presentation.
Summary of changes in deferred revenue

The following table provides a summary of the changes included in deferred revenue during fiscal 2021 and 2020:

January 29,

January 30,

(In thousands)

2022

    

2021

Beginning balance

$

269,032

$

230,011

Additions to contract liabilities (1)

261,139

200,267

Deductions to contract liabilities (2)

(184,965)

(161,246)

Ending balance

$

345,206

$

269,032

(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.