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Subsequent Events
12 Months Ended
Feb. 02, 2020
Subsequent Events [Abstract]  
Subsequent Events
Note P: Subsequent Events
On March 11, 2020, the World Health Organization declared the novel strain of coronavirus
(COVID-19)
a global pandemic and recommended containment and mitigation measures worldwide. On March 17, 2020, we announced the temporary closures of our retail store operations in the United States and Canada to protect our employees, customers and the communities in which we operate and to help contain the
COVID-19
coronavirus outbreak. Our retail stores are expected to remain closed until at least April 2, 2020 depending upon how the
COVID-19
outbreak evolves. Our retail store revenue comprises approximately 44% of our net revenues. At this time, we continue to operate our
e-commerce
sites and distribution centers and continue to deliver products to our customers. As of the date of this filing, we cannot reasonably estimate the impact on our business from this pandemic, but we currently anticipate a material impact on our consolidated statements of earnings, consolidated balance sheet, consolidated cash flows and liquidity in fiscal 2020.
On March 23, 2020, as a precautionary measure to maximize our liquidity and to increase our available cash on hand in the event of a protracted
COVID-19
outbreak, we drew down $488,000,000 on our revolving line of credit, for an outstanding balance on our revolver of $500,000,000.