Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Income

v3.23.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 29, 2023
Apr. 30, 2022
Consolidated Statements of Income (Unaudited)    
Net sales $ 2,634,263 $ 2,345,901
Cost of sales 1,579,406 1,404,875
Gross profit 1,054,857 941,026
Selling, general and administrative expenses 612,129 500,970
Pre-opening expenses 658 2,348
Operating income 442,070 437,708
Interest (income) expense, net (7,348) 401
Income before income taxes 449,418 437,307
Income tax expense 102,367 105,912
Net income $ 347,051 $ 331,395
Net income per common share:    
Basic $ 6.92 $ 6.34
Diluted $ 6.88 $ 6.30
Weighted average common shares outstanding:    
Basic 50,153 52,250
Diluted 50,469 52,582