Background and Basis of Presentation (Tables)

3 Months Ended

May 02, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Restructuring Costs Recognized in Other Operating Expense, Net

The following table summarizes the restructuring costs recognized in Other operating expense, net in the Condensed Consolidated Statement of Operations for the 13 weeks ended May 2, 2025 and May 3, 2024:


	13 Weeks Ended
(in thousands)	May 2, 2025		May 3, 2024
Employee severance and benefit costs	$	2,647	$	342
Strategic alternatives and other costs		685		—
Total restructuring	$	3,332	$	342

Summary of Accrued Restructuring Cost Activity Included in Accrued Expenses and Other Current Liabilities

The following table summarizes the accrued restructuring cost activity included in Accrued expenses and other current liabilities in the Condensed Consolidated Balance Sheets:


(in thousands)	Employee Severance and Benefit Costs			Strategic Alternatives and Other Costs			Total Restructuring
Balance as of January 31, 2025	$	2,004		$	—		$	2,004
Estimated costs payable in cash		2,647			685			3,332
Cash payments		(2,914	)		(30	)		(2,944	)
Foreign currency translation		53			—			53
Balance as of May 2, 2025	$	1,790		$	655		$	2,445

LANDS' END, INC. 10-Q