| Schedule of Operations by Segment |
A summary of the information about the Company’s operations by segment is as follows:
|
|
|
Three Months Ended |
|
|
|
|
April 30, |
|
|
|
|
2021 |
|
|
2020 |
|
|
Net sales |
|
|
|
|
|
|
|
|
|
Retail operations |
|
$ |
857,486 |
|
|
$ |
561,232 |
|
|
Wholesale operations |
|
|
66,578 |
|
|
|
25,712 |
|
|
Subscription operations |
|
|
7,820 |
|
|
|
6,270 |
|
|
Intersegment elimination |
|
|
(4,469 |
) |
|
|
(4,731 |
) |
|
Total net sales |
|
$ |
927,415 |
|
|
$ |
588,483 |
|
|
Income (loss) from operations |
|
|
|
|
|
|
|
|
|
Retail operations |
|
$ |
74,045 |
|
|
$ |
(135,501 |
) |
|
Wholesale operations |
|
|
14,180 |
|
|
|
(45,628 |
) |
|
Subscription operations |
|
|
(3,282 |
) |
|
|
(5,964 |
) |
|
Intersegment elimination |
|
|
81 |
|
|
|
(410 |
) |
|
Total segment operating income (loss) |
|
|
85,024 |
|
|
|
(187,503 |
) |
|
General corporate expenses |
|
|
(11,521 |
) |
|
|
(11,232 |
) |
|
Total income (loss) from operations |
|
$ |
73,503 |
|
|
$ |
(198,735 |
) |
|
|
|
April 30, |
|
|
January 31, |
|
|
April 30, |
|
|
|
|
2021 |
|
|
2021 |
|
|
2020 |
|
|
Inventory |
|
|
|
|
|
|
|
|
|
|
|
|
|
Retail operations |
|
$ |
425,905 |
|
|
$ |
348,797 |
|
|
$ |
299,881 |
|
|
Wholesale operations |
|
|
51,872 |
|
|
|
40,821 |
|
|
|
35,759 |
|
|
Total inventory |
|
$ |
477,777 |
|
|
$ |
389,618 |
|
|
$ |
335,640 |
|
|
Rental product, net (1) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Subscription operations |
|
$ |
10,239 |
|
|
$ |
11,857 |
|
|
$ |
17,380 |
|
|
Total rental product, net |
|
$ |
10,239 |
|
|
$ |
11,857 |
|
|
$ |
17,380 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) Rental product, net is included in "Deferred income taxes and other assets" in the Condensed Consolidated Balance Sheets. |
|
|
Property and equipment, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
Retail operations |
|
$ |
958,855 |
|
|
$ |
938,020 |
|
|
$ |
849,566 |
|
|
Wholesale operations |
|
|
1,936 |
|
|
|
2,096 |
|
|
|
2,550 |
|
|
Subscription operations |
|
|
28,182 |
|
|
|
27,306 |
|
|
|
28,237 |
|
|
Total property and equipment, net |
|
$ |
988,973 |
|
|
$ |
967,422 |
|
|
$ |
880,353 |
|
|
| Schedule of Net Sales and Percentage of Net Sales by Merchandise Category |
The following tables summarize net sales and percentage of net sales from contracts with customers by merchandise category:
|
|
|
Three Months Ended |
|
|
|
|
April 30, |
|
|
|
|
2021 |
|
|
2020 |
|
|
Net sales |
|
|
|
|
|
|
|
|
|
Apparel (1) |
|
$ |
607,802 |
|
|
$ |
370,347 |
|
|
Home (2) |
|
|
173,386 |
|
|
|
109,799 |
|
|
Accessories (3) |
|
|
101,654 |
|
|
|
70,193 |
|
|
Other (4) |
|
|
44,573 |
|
|
|
38,144 |
|
|
Total net sales |
|
$ |
927,415 |
|
|
$ |
588,483 |
|
|
|
|
|
|
|
|
|
|
|
|
As a percentage of net sales |
|
|
|
|
|
|
|
|
|
Apparel (1) |
|
|
65 |
% |
|
|
63 |
% |
|
Home (2) |
|
|
19 |
% |
|
|
19 |
% |
|
Accessories (3) |
|
|
11 |
% |
|
|
12 |
% |
|
Other (4) |
|
|
5 |
% |
|
|
6 |
% |
|
Total net sales |
|
|
100 |
% |
|
|
100 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) Apparel includes intimates and activewear |
|
|
(2) Home includes home furnishings, electronics, gifts and decorative items |
|
|
(3) Accessories includes footwear, jewelry and handbags |
|
|
(4) Other includes beauty, shipping and handling, the Menus & Venues brand and the Subscription segment |
|
|
| Schedule of Revenues and Long-Lived Assets, by Domestic and Foreign Operations Segment |
The Company has foreign operations primarily in Europe and Canada. Revenues and long-lived assets, based upon the Company’s domestic and foreign operations, are as follows:
|
|
|
April 30, |
|
|
January 31, |
|
|
April 30, |
|
|
|
|
2021 |
|
|
2021 |
|
|
2020 |
|
|
Property and equipment, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
Domestic operations |
|
$ |
789,456 |
|
|
$ |
768,440 |
|
|
$ |
741,237 |
|
|
Foreign operations |
|
|
199,517 |
|
|
|
198,982 |
|
|
|
139,116 |
|
|
Total property and equipment, net |
|
$ |
988,973 |
|
|
$ |
967,422 |
|
|
$ |
880,353 |
|
|
|
|
Three Months Ended |
|
|
|
|
April 30, |
|
|
|
|
2021 |
|
|
2020 |
|
|
Net Sales |
|
|
|
|
|
|
|
|
|
Domestic operations |
|
$ |
826,795 |
|
|
$ |
523,556 |
|
|
Foreign operations |
|
|
100,620 |
|
|
|
64,927 |
|
|
Total net sales |
|
$ |
927,415 |
|
|
$ |
588,483 |
|
|