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Property and Equipment, net (Tables)
12 Months Ended
Feb. 01, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

Property and equipment, net consists of the following:

 

 

 

Fiscal Years Ending

 

 

 

February 1,

 

 

February 3,

 

(In thousands)

 

2025

 

 

2024

 

Land

 

$

17,910

 

 

$

17,910

 

Buildings

 

 

228,390

 

 

 

222,660

 

Leasehold improvements

 

 

890,155

 

 

 

850,519

 

Fixtures and equipment

 

 

1,432,344

 

 

 

1,335,173

 

Construction in progress

 

 

2,486

 

 

 

852

 

Property and equipment, at cost

 

$

2,571,285

 

 

$

2,427,114

 

Less: Accumulated depreciation

 

 

(1,820,021

)

 

 

(1,713,778

)

Property and equipment, net

 

$

751,264

 

 

$

713,336

 

 

Depreciation Expense

Depreciation expense is as follows:

 

 

 

Fiscal Years Ending

 

 

 

February 1,

 

 

February 3,

 

 

January 28,

 

(In thousands)

 

2025

 

 

2024

 

 

2023

 

Depreciation expense

 

$

216,093

 

 

$

230,833

 

 

$

208,014