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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jan. 31, 2026
Feb. 01, 2025
Feb. 03, 2024
Net sales $ 15,366 $ 15,086 $ 14,889 [1],[2]
Cost of goods sold and occupancy expenses 9,098 8,859 9,114
Gross profit 6,268 6,227 5,775
Operating expenses 5,153 5,115 5,215
Operating income 1,115 1,112 560
Interest expense 93 87 90
Interest income (110) (112) (86)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1,132 1,137 556
Income tax expense 316 293 54
Net income $ 816 $ 844 $ 502
Weighted-average number of shares—basic 373 376 370
Weighted-average number of shares—diluted 384 384 376
Earnings per share—basic $ 2.19 $ 2.24 $ 1.36
Earnings per share—diluted $ 2.13 $ 2.20 $ 1.34
[1] Fiscal 2023 includes incremental sales attributable to the 53rd week.
[2] Fiscal 2023 includes incremental sales attributable to the 53rd week.