Assets Held for Sale

12 Months Ended

Jan. 31, 2026

Discontinued Operations and Disposal Groups [Abstract]

During the first quarter of fiscal 2025, management approved a plan to divest our operations in France. Accordingly, all relevant assets and liabilities associated with these operations were reclassified to held for sale in our Consolidated Balance Sheets, and as of January 31, 2026 are as follows:



	January 31, 2026
Assets Held for Sale
Cash and cash equivalents	$	22.5

Receivables, net	8.7
Merchandise inventories, net	53.6
Prepaid expenses and other current assets	5.8
Property and equipment, net	12.9
Operating lease right-of-use-assets	58.3
Other noncurrent assets	15.3

Total assets held for sale (gross)	177.1
Less: Impairment loss	(30.6)
Total assets held for sale (net) as of January 31, 2026	$	146.5

Liabilities held for sale
Current liabilities	$	86.4
Noncurrent liabilities	49.7
Total liabilities held for sale as of January 31, 2026	$	136.1

Based on the expected fair value of this business, net of our costs to sell, we recognized an impairment charge of $17.2 million on Assets held for sale for the French disposal group in the first quarter of fiscal 2025. During the reminder of fiscal 2025, we recorded additional impairment charges totaling $12.6 million. These amounts reflect the remeasurement of the carrying value of the French disposal group to its fair value, including related amounts in Accumulated Other Comprehensive Income.