PROPERTY AND EQUIPMENT, NET

12 Months Ended

Feb. 01, 2025

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET

Property and equipment, net consisted of:

(in thousands)	February 1, 2025		February 3, 2024
Land	$	28,599	$	28,599
Buildings	238,131		238,185
Furniture, fixtures and equipment	657,849		632,056
Information technology	796,163		718,693
Leasehold improvements	842,824		846,097
Construction in progress	41,166		44,359
Other	1,139		1,195
Total	2,605,871		2,509,184
Less: Accumulated depreciation	(2,030,098)		(1,971,151)
Property and equipment, net	$	575,773	$	538,033

Depreciation expense for Fiscal 2024, Fiscal 2023 and Fiscal 2022 was $150.8 million, $138.5 million and $129.7 million, respectively.

Refer to Note 9, “ASSET IMPAIRMENT,” for details related to property and equipment impairment charges incurred during Fiscal 2024, Fiscal 2023 and Fiscal 2022.

Refer to Note 2, “SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Property and equipment, net,” for discussion regarding significant accounting policies related to the Company’s property and equipment, net.