Commitments and Contingencies	9 Months Ended
Nov. 02, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	11. Commitments and Contingencies Legal In the course of business, the Company is party to class or collective actions alleging violations of federal and state wage and hour and other labor statutes, representative claims under the California Private Attorneys’ General Act and various other lawsuits and regulatory proceedings from time to time including, among others, commercial, product, employee, customer, intellectual property and other claims. Actions against us are in various procedural stages. Many of these proceedings raise factual and legal issues and are subject to uncertainties. While no assurance can be given as to the ultimate outcome of these matters, the Company believes that the final resolution of these actions will not have a material adverse effect on the Company’s results of operations, financial position, liquidity or capital resources. Letters of Credit The Company had letters of credit arrangements with various banks in the aggregate amount of $52.5 million, $75.8 million and $76.0 million as of November 2, 2024, February 3, 2024 and October 28, 2023, respectively. Among these arrangements, as of November 2, 2024, February 3, 2024 and October 28, 2023, the Company had letters of credit outstanding in the amount of $51.9 million, $75.8 million and $75.8 million, respectively, guaranteeing performance under various lease agreements, insurance contracts, and utility agreements. In addition, the Company had outstanding letters of credit arrangements in the amounts of $0.6 million and $0.2 million at November 2, 2024 and October 28, 2023, respectively, related to certain merchandising agreements, and none at February 3, 2024. Based on the terms of the agreement governing the ABL Line of Credit, the Company had the ability to enter into letters of credit up to $160.0 million, $174.2 million and $174.0 million as of November 2, 2024, February 3, 2024 and October 28, 2023, respectively. Purchase Commitments The Company had $1,747.7 million of purchase commitments related to goods that were not received as of November 2, 2024.

Commitments and Contingencies

9 Months Ended

Nov. 02, 2024

Commitments and Contingencies Disclosure [Abstract]

11. Commitments and Contingencies

Legal

In the course of business, the Company is party to class or collective actions alleging violations of federal and state wage and hour and other labor statutes, representative claims under the California Private Attorneys’ General Act and various other lawsuits and regulatory proceedings from time to time including, among others, commercial, product, employee, customer, intellectual property and other claims. Actions against us are in various procedural stages. Many of these proceedings raise factual and legal issues and are subject to uncertainties. While no assurance can be given as to the ultimate outcome of these matters, the Company believes that the final resolution of these actions will not have a material adverse effect on the Company’s results of operations, financial position, liquidity or capital resources.

Letters of Credit

The Company had letters of credit arrangements with various banks in the aggregate amount of $52.5 million, $75.8 million and $76.0 million as of November 2, 2024, February 3, 2024 and October 28, 2023, respectively. Among these arrangements, as of November 2, 2024, February 3, 2024 and October 28, 2023, the Company had letters of credit outstanding in the amount of $51.9 million, $75.8 million and $75.8 million, respectively, guaranteeing performance under various lease agreements, insurance contracts, and utility agreements. In addition, the Company had outstanding letters of credit arrangements in the amounts of $0.6 million and $0.2 million at November 2, 2024 and October 28, 2023, respectively, related to certain merchandising agreements, and none at February 3, 2024. Based on the terms of the agreement governing the ABL Line of Credit, the Company had the ability to enter into letters of credit up to $160.0 million, $174.2 million and $174.0 million as of November 2, 2024, February 3, 2024 and October 28, 2023, respectively.

Purchase Commitments

The Company had $1,747.7 million of purchase commitments related to goods that were not received as of November 2, 2024.