Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Income

v3.26.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jan. 31, 2026
Feb. 01, 2025
Feb. 03, 2024
Consolidated Statements of Income      
Net sales $ 12,392,820 $ 11,295,654 $ 11,207,303
Cost of sales 7,547,596 6,908,401 6,826,203
Gross profit 4,845,224 4,387,253 4,381,100
Selling, general and administrative expenses 3,296,411 2,808,592 2,694,561
Pre-opening expenses 15,821 13,689 8,510
Operating income 1,532,992 1,564,972 1,678,029
Interest expense (income), net 1,787 (15,094) (17,622)
Income before income taxes and equity net loss of affiliate 1,531,205 1,580,066 1,695,651
Income tax expense 373,869 378,948 404,646
Income before equity net loss of affiliate 1,157,336 1,201,118 1,291,005
Equity net loss of affiliate 3,857    
Net income $ 1,153,479 $ 1,201,118 $ 1,291,005
Net income per common share:      
Basic $ 25.72 $ 25.44 $ 26.18
Diluted $ 25.64 $ 25.34 $ 26.03
Weighted average common shares outstanding:      
Basic 44,842 47,207 49,304
Diluted 44,991 47,404 49,596