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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Aug. 02, 2025
Aug. 03, 2024
Aug. 02, 2025
Aug. 03, 2024
Net Sales $ 3,725 $ 3,720 $ 7,188 $ 7,108
Cost of goods sold and occupancy expenses 2,189 2,137 4,204 4,128
Gross profit 1,536 1,583 2,984 2,980
Operating Expenses 1,244 1,290 2,432 2,482
Operating income (loss) 292 293 552 498
Interest Expense 23 24 46 45
Interest income (27) (27) (53) (51)
Income (Loss) before income taxes 296 296 559 504
Income taxes 80 90 150 140
Net income (loss) $ 216 $ 206 $ 409 $ 364
Weighted-average number of shares - basic (in shares) 373 376 374 375
Weighted-average number of shares - diluted (in shares) 379 383 381 383
Earnings (loss) per share - basic (in dollars per share) $ 0.58 $ 0.55 $ 1.09 $ 0.97
Earnings (loss) per share - diluted (in dollars per share) $ 0.57 $ 0.54 $ 1.07 $ 0.95