Presented below is selected quarterly consolidated financial data for fiscal 2018 and fiscal 2017 which was prepared on the same basis as the audited consolidated financial statements and includes all adjustments necessary to present fairly, in all material respects, the information set forth therein on a consistent basis.


In thousands except per share amounts	First Quarter		Second Quarter		Third Quarter⁽²⁾		Fourth Quarter⁽³⁾
Fiscal Year Ended February 3, 2018 (53 weeks)
Net sales	$	7,784,024	$	8,357,700	$	8,762,220	$	10,960,720
Gross earnings⁽¹⁾		2,253,952		2,385,025		2,612,200		3,111,320
Net income		536,279		552,957		641,436		877,276
Basic earnings per share		0.83		0.87		1.01		1.39
Diluted earnings per share		0.82		0.85		1.00		1.37
Fiscal Year Ended January 28, 2017 (52 weeks)
Net sales	$	7,542,356	$	7,882,053	$	8,291,688	$	9,467,647
Gross earnings⁽¹⁾		2,170,213		2,319,092		2,447,815		2,680,870
Net income		508,346		562,174		549,786		677,928
Basic earnings per share		0.77		0.85		0.84		1.04
Diluted earnings per share		0.76		0.84		0.83		1.03

(1)	Gross earnings equal net sales less cost of sales, including buying and occupancy costs.

(2)	The third quarter of fiscal 2017 includes a loss on early extinguishment of debt and a pension settlement charge.

(3)	The fourth quarter of fiscal 2018 includes 14 weeks, a $99.3 million impairment charge and a net benefit related to the 2017 Tax Act.