XML 24 R5.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Feb. 02, 2025
Jan. 28, 2024
Jan. 29, 2023
Income Statement [Abstract]      
Net revenue $ 10,588,126 $ 9,619,278 $ 8,110,518
Cost of goods sold 4,317,315 4,009,873 3,618,178
Gross profit 6,270,811 5,609,405 4,492,340
Selling, general and administrative expenses 3,762,379 3,397,218 2,757,447
Impairment of goodwill and other assets, restructuring costs 0 74,501 407,913
Amortization of intangible assets 2,735 5,010 8,752
Gain on disposal of assets 0 0 (10,180)
Income from operations 2,505,697 2,132,676 1,328,408
Other income (expense), net 70,380 43,059 4,163
Income before income tax expense 2,576,077 2,175,735 1,332,571
Income tax expense 761,461 625,545 477,771
Net income 1,814,616 1,550,190 854,800
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustment (253,209) (23,077) (65,571)
Net investment hedge gains (losses) 93,024 11,405 8,904
Other comprehensive income (loss), net of tax (160,185) (11,672) (56,667)
Comprehensive income $ 1,654,431 $ 1,538,518 $ 798,133
Basic earnings per share (in dollars per share) $ 14.67 $ 12.23 $ 6.70
Diluted earnings per share (in dollars per share) $ 14.64 $ 12.20 $ 6.68
Basic weighted-average number of shares outstanding (in shares) 123,735 126,726 127,666
Diluted weighted-average number of shares outstanding (in shares) 123,935 127,060 128,017