Quarterly report [Sections 13 or 15(d)]

Revenue (Tables)

v3.25.1
Revenue (Tables)
3 Months Ended
May 03, 2025
Revenue  
Schedule of approximate percentage of net sales by primary category

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13 Weeks Ended  

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May 3,

​

May 4,

(Percentage of net sales)

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2025

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2024

Cosmetics

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40%

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42%

Skincare and wellness

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25%

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23%

Haircare

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18%

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19%

Fragrance

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11%

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10%

Services

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4%

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4%

Other

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2%

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2%

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100%

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100%

Summary of changes in deferred revenue

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13 Weeks Ended

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May 3,

​

May 4,

(In thousands)

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2025

​

2024

Beginning balance

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$

492,907

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$

428,788

Additions to contract liabilities (1)

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164,054

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133,495

Deductions to contract liabilities (2)

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(201,701)

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(170,837)

Ending balance

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$

455,260

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$

391,446

(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.