“Interest Expense (Income), Net Fiscal Years Ending Increase/(Decrease) January 31, February 1, 2026 2025 (In thousands) (In thousands) (Percentage) Interest expense (income) net $ 4,112 $ (7,769 ) $ (11,881 ) 153 % Interest expense (income) as a percentage of net revenue 0.1 % (0.1 ) % -20 basis points The increase in interest expense (income), net was primarily attributable to a $7 million reduction in interest income as a result of lower investable cash balances, as well as a $5 million increase in interest expense as a result of borrowings on our Credit Facility (as defined below) in Fiscal 2025.”
“Cash Flows (Used For) Financing Activities Cash used for financing activities for the 39 weeks ended November 1, 2025 consisted primarily of $201.8 million, including excise taxes, used to repurchase the Company's common stock under the ASR Agreement (as defined below), $64.0 million for cash dividends paid at a quarterly rate of $0.125 per share, and $31.3 million, including commissions and excise taxes, used for the repurchase of common stock under our publicly announced program, partially offset by net Credit Facility borrowings of $210.0 million.”
“As set forth below, for Fiscal 2024, we recorded $10.7 million of employee severance related to corporate restructuring, and $6.8 million of impairment and restructuring costs due to the sale of our Hong Kong retail operations.”