Quarterly report [Sections 13 or 15(d)]

REVENUES (Tables)

v3.25.3
REVENUES (Tables)
 9 Months Ended
Sep. 27, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables present revenues disaggregated by channel and geography. Revenues from licensing arrangements are included within the U.S. or International Wholesale channels, based on the respective region where the licensee sells the product. Direct-to-Consumer revenues include sales from company-operated Wrangler®, Lee® and Helly Hansen® branded full-price and outlet stores, online and international concession arrangements.
Other includes sales and licensing of the Musto®, Chic® and Rock & Republic® brands, as well as other company-owned brands and private label apparel.
Three Months Ended September 2025
(In thousands) Wrangler Lee Helly Hansen Other Total
Channel revenues
U.S. Wholesale $ 374,024  $ 93,586  $ 30,432  $ 2,588  $ 500,630 
International Wholesale 54,113  60,738  125,366  3,752  243,969 
Direct-to-Consumer 43,094  32,419  30,132  2,971  108,616 
Total $ 471,231  $ 186,743  $ 185,930  $ 9,311  $ 853,215 
Geographic revenues
U.S. $ 410,541  $ 108,216  $ 39,408  $ 3,017  $ 561,182 
International 60,690  78,527  146,522  6,294  292,033 
Total $ 471,231  $ 186,743  $ 185,930  $ 9,311  $ 853,215 
Three Months Ended September 2024
(In thousands) Wrangler Lee Helly Hansen Other Total
Channel revenues
U.S. Wholesale $ 373,643  $ 105,342  $ —  $ 3,577  $ 482,562 
International Wholesale 51,599  65,268  —  —  116,867 
Direct-to-Consumer 38,865  31,733  —  167  70,765 
Total $ 464,107  $ 202,343  $ —  $ 3,744  $ 670,194 
Geographic revenues
U.S. $ 406,656  $ 119,254  $ —  $ 3,744  $ 529,654 
International 57,451  83,089  —  —  140,540 
Total $ 464,107  $ 202,343  $ —  $ 3,744  $ 670,194 
Nine Months Ended September 2025
(In thousands) Wrangler Lee Helly Hansen Other Total
Channel revenues
U.S. Wholesale $ 1,092,310  $ 292,602  $ 33,144  $ 7,313  $ 1,425,369 
International Wholesale 137,416  151,828  141,811  5,240  436,295 
Direct-to-Consumer 123,030  107,840  37,647  4,194  272,711 
Total $ 1,352,756  $ 552,270  $ 212,602  $ 16,747  $ 2,134,375 
Geographic revenues
U.S. $ 1,195,827  $ 335,468  $ 44,466  $ 8,163  $ 1,583,924 
International 156,929  216,802  168,136  8,584  550,451 
Total $ 1,352,756  $ 552,270  $ 212,602  $ 16,747  $ 2,134,375 
Nine Months Ended September 2024
(In thousands) Wrangler Lee Helly Hansen Other Total
Channel revenues
U.S. Wholesale $ 1,055,744  $ 321,102  $ —  $ 7,831  $ 1,384,677 
International Wholesale 136,331  170,548  —  —  306,879 
Direct-to-Consumer 110,771  105,435  —  532  216,738 
Total $ 1,302,846  $ 597,085  $ —  $ 8,363  $ 1,908,294 
Geographic revenues
U.S. $ 1,147,096  $ 362,436  $ —  $ 8,363  $ 1,517,895 
International 155,750  234,649  —  —  390,399 
Total $ 1,302,846  $ 597,085  $ —  $ 8,363  $ 1,908,294 
Schedule of Contract Balances and Performance Obligations
The following table presents information about contract balances recorded in the Company's balance sheets:
(In thousands) September 2025 December 2024 September 2024
Accounts receivable, net (a)
$ 365,970  $ 243,660  $ 230,435 
Contract assets (b)
11,853  16,576  9,729 
Contract liabilities (c)
2,372  1,757  2,008 
(a) "Accounts receivable, net" at September 2025 includes $116.2 million related to Helly Hansen.
(b) Included within "prepaid expenses and other current assets" in the Company's balance sheets.
(c) Included within "accrued and other current liabilities" in the Company's balance sheets.