Quarterly report pursuant to Section 13 or 15(d)

Business Segments and Sales by Product Group (Tables)

v3.21.2
Business Segments and Sales by Product Group (Tables)
9 Months Ended
Oct. 30, 2021
Segment Reporting [Abstract]  
Net sales by segment and significant product groups [Table Text Block]

Net Sales by Segment and Significant Product Groups

Three-Month Periods Ended

Nine-Month Periods Ended

    

October 30,

    

October 31,

    

October 30,

    

October 31,

    

2021

2020

2021

2020

(in thousands)

ShopHQ

Net merchandise sales by category:

 

  

 

  

 

  

 

  

 

Jewelry & Watches

$

38,269

$

36,744

$

122,568

$

115,204

Home

 

15,166

 

14,805

 

42,711

 

39,947

Beauty & Health

 

21,139

 

31,105

 

57,043

 

98,539

Fashion & Accessories

 

12,697

 

9,787

 

38,388

 

33,462

All other (primarily shipping & handling revenue)

 

10,087

 

11,841

 

30,617

 

31,599

Total ShopHQ

 

97,358

 

104,282

 

291,327

 

318,751

Emerging Business

 

33,323

 

4,743

 

65,998

 

10,623

Consolidated net sales

$

130,681

$

109,025

$

357,325

$

329,374

Performance measures by segment [Table Text Block]

Performance Measures by Segment

Three-Month Periods Ended

Nine-Month Periods Ended

    

October 30,

    

October 31,

    

October 30,

    

October 31,

    

2021

2020

2021

2020

(in thousands)

Gross profit

  

  

ShopHQ

$

41,427

$

38,801

$

121,115

$

118,487

Emerging Business

12,994

2,013

$

27,299

$

4,176

Consolidated gross profit

$

54,421

$

40,814

$

148,414

$

122,663

Operating income (loss)

 

  

 

  

 

  

 

  

ShopHQ

$

(6,804)

$

(2,443)

$

(11,471)

$

(2,498)

Emerging Business

 

802

 

(952)

 

1,048

 

(4,061)

Consolidated operating loss

$

(6,002)

$

(3,395)

$

(10,423)

$

(6,559)

Depreciation and amortization

 

  

 

  

 

  

 

  

ShopHQ (a)

$

10,249

$

8,758

$

26,483

$

19,176

Emerging Business

 

428

 

194

 

1,082

 

521

Consolidated depreciation and amortization

$

10,677

$

8,952

$

27,565

$

19,697

(a) Includes distribution facility depreciation of $936,000 and $975,000 for the three-month periods ended October 30, 2021 and October 31, 2020 and $2,838,000 and $2,997,000 for nine-month periods ended October 30, 2021 and October 31, 2020. Distribution facility depreciation is included as a component of cost of sales within the accompanying condensed consolidated statements of operations.