Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Jan. 28, 2017

Selected Quarterly Financial Data (Unaudited)

Note Q. Selected Quarterly Financial Data (Unaudited)

Presented below is selected quarterly consolidated financial data for fiscal 2017 and fiscal 2016 which was prepared on the same basis as the audited consolidated financial statements and includes all adjustments necessary to present fairly, in all material respects, the information set forth therein on a consistent basis.


In thousands except per share amounts	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Fiscal Year Ended January 28, 2017
Net sales	$	7,542,356	$	7,882,053	$	8,291,688	$	9,467,647
Gross earnings⁽¹⁾		2,170,213		2,319,092		2,447,815		2,680,870
Net income		508,346		562,174		549,786		677,928
Basic earnings per share		0.77		0.85		0.84		1.04
Diluted earnings per share		0.76		0.84		0.83		1.03
Fiscal Year Ended January 30, 2016
Net sales	$	6,865,637	$	7,363,731	$	7,753,495	$	8,962,075
Gross earnings⁽¹⁾		1,945,396		2,144,540		2,246,596		2,573,883
Net income		474,601		549,335		587,256		666,466
Basic earnings per share		0.70		0.81		0.88		1.00
Diluted earnings per share		0.69		0.80		0.86		0.99

(1)	Gross earnings equal net sales less cost of sales, including buying and occupancy costs.