Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Income

v3.25.2
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Aug. 02, 2025
Aug. 03, 2024
Aug. 02, 2025
Aug. 03, 2024
Consolidated Statements of Income        
Net sales $ 2,788,469 $ 2,552,087 $ 5,636,836 $ 5,277,935
Cost of sales 1,696,773 1,573,910 3,430,921 3,229,978
Gross profit 1,091,696 978,177 2,205,915 2,047,957
Selling, general and administrative expenses 741,737 644,821 1,452,350 1,310,734
Pre-opening expenses 5,105 4,155 6,934 7,074
Operating income 344,854 329,201 746,631 730,149
Interest income, net (1,413) (4,526) (4,960) (11,426)
Income before income taxes and equity net loss of affiliate 346,267 333,727 751,591 741,575
Income tax expense 84,795 81,171 184,439 175,906
Income before equity net loss of affiliate 261,472 252,556 567,152 565,669
Equity net loss of affiliate 597   1,225  
Net income $ 260,875 $ 252,556 $ 565,927 $ 565,669
Net income per common share:        
Basic $ 5.8 $ 5.32 $ 12.53 $ 11.83
Diluted $ 5.78 $ 5.3 $ 12.49 $ 11.78
Weighted average common shares outstanding:        
Basic 44,955 47,505 45,158 47,815
Diluted 45,112 47,667 45,297 48,022