Segment Reporting (Tables)

6 Months Ended

Aug. 02, 2025

Segment Reporting [Abstract]

Schedule of significant segment expenses

Within the reportable segment, there are significant expense categories regularly provided to the Chief Operating Decision Maker and included in the measure of the segment’s net income as shown below (in thousands):

	13 Weeks Ended				26 Weeks Ended
	August 2, 2025		August 3, 2024		August 2, 2025		August 3, 2024
Net sales	$	3,646,616	$	3,473,635	$	6,821,293	$	6,492,019
Less:
Cost of merchandise and services sold	1,836,326		1,755,464		3,403,574		3,256,873
Occupancy costs (1)	294,245		283,159		584,081		556,897
Personnel expense (2)	486,648		456,558		941,886		898,813
Other segment expenses (3)	577,212		508,358		1,073,450		978,540
Interest expense	16,118		13,521		28,256		27,357
Other income (4)	(73,749)		(25,756)		(67,493)		(51,148)
Provision for income taxes	128,414		120,101		211,849		187,162
Segment net income	$	381,402	$	362,230	$	645,690	$	637,525
Reconciliation of segment profit:
Adjustments and reconciling items	—		—		—		—
Consolidated net income	$	381,402	$	362,230	$	645,690	$	637,525

(1)Occupancy costs include rent, common area maintenance charges, real estate and other asset-based taxes, general maintenance, utilities, depreciation and certain insurance expenses.

(2)Personnel expenses include wages, salaries, and other forms of compensation related to store and administrative employees within selling, general and administrative expenses.

(3)Includes expenses associated with supply chain, advertising, bank card charges, costs to operate the Company’s internal eCommerce platform, technology, other store expenses, merger and integration costs, and expenses associated with operating the Company’s Customer Support Center.

(4)Includes interest income of $8.7 million and $18.7 million for the 13 weeks ended August 2, 2025 and August 3, 2024, respectively and $21.2 million and $40.4 million for the 26 weeks ended August 2, 2025 and August 3, 2024, respectively.