Revenue from Contracts with Customers
Disaggregation of Revenue
The following table provides information about disaggregated revenue by groups of products: leisure, fashion and home, and snack and seasonal (in thousands):
Fiscal YearFiscal YearFiscal Year
202520242023
AmountPercentage of Net SalesAmountPercentage of Net SalesAmountPercentage of Net Sales
Leisure$2,118,114 44.5 %$1,715,847 44.3 %$1,644,171 46.2 %
Fashion and home1,472,911 30.9 %1,171,541 30.2 %1,043,579 29.3 %
Snack and seasonal1,173,122 24.6 %989,139 25.5 %871,619 24.5 %
Total$4,764,147 100.0 %$3,876,527 100.0 %$3,559,369 100.0 %

Historical Timeline

Fiscal YearFiled
2026Mar 19, 2026Showing above
2025Mar 20, 2025
2024Mar 21, 2024
2023Mar 16, 2023
2022Mar 30, 2022
2021Mar 18, 2021
2020Mar 19, 2020
2019Mar 28, 2019

About Revenue Disclosures

Revenue disclosures under ASC 606 explain how a company identifies performance obligations, allocates transaction prices, and determines when revenue is recognized. This section is essential for understanding whether reported revenue reflects genuine economic activity or aggressive accounting choices. Analysts examine the mix of point-in-time versus over-time recognition, which directly affects revenue timing and comparability.

Key signals: rising contract liabilities (deferred revenue) suggest strong future revenue visibility, while declining contract assets may indicate slowing project milestones. Watch for variable consideration estimates — rebates, returns, and performance bonuses that require management judgment. Significant changes in disaggregated revenue by geography or product line can reveal shifting business mix before it appears in headline numbers. Compare revenue growth against contract liability growth to assess sustainability, and scrutinize any changes in the timing of recognition that coincide with earnings pressure.