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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Nov. 02, 2025
Feb. 02, 2025
Oct. 27, 2024
Current assets      
Cash and cash equivalents $ 884,663 $ 1,212,977 $ 826,784
Accounts receivable, net 118,385 117,678 105,620
Merchandise inventories, net 1,530,896 1,332,429 1,396,253
Prepaid expenses 92,481 66,914 84,810
Other current assets 20,571 24,611 19,432
Total current assets 2,646,996 2,754,609 2,432,899
Property and equipment, net 1,061,354 1,033,934 1,019,874
Operating lease right-of-use assets 1,286,299 1,177,805 1,147,673
Deferred income taxes, net 88,608 120,657 109,444
Goodwill 77,374 77,260 77,301
Other long-term assets, net 150,750 137,342 127,267
Total assets 5,311,381 5,301,607 4,914,458
Current liabilities      
Accounts payable 667,490 645,667 665,803
Accrued expenses 246,618 286,033 215,608
Gift card and other deferred revenue 592,490 584,791 583,022
Income taxes payable 37,771 67,696 19,887
Operating lease liabilities 220,239 234,180 231,667
Other current liabilities 90,436 93,607 101,272
Total current liabilities 1,855,044 1,911,974 1,817,259
Long-term operating lease liabilities 1,245,525 1,113,135 1,083,809
Other long-term liabilities 142,854 134,079 132,612
Total liabilities 3,243,423 3,159,188 3,033,680
Commitments and contingencies – See Note F
Stockholders’ equity      
Preferred stock: $0.01 par value; 7,500 shares authorized; none issued 0 0 0
Common stock: $0.01 par value; 253,125 shares authorized; 120,399, 123,125 and 123,876 shares issued and outstanding at November 2, 2025, February 2, 2025 and October 27, 2024, respectively 1,205 1,232 1,239
Additional paid-in capital 567,873 571,585 545,205
Retained earnings 1,517,368 1,591,630 1,351,630
Accumulated other comprehensive loss (16,473) (21,593) (16,861)
Treasury stock, at cost: 14, 4 and 4 shares as of November 2, 2025, February 2, 2025 and October 27, 2024, respectively (2,015) (435) (435)
Total stockholders’ equity 2,067,958 2,142,419 1,880,778
Total liabilities and stockholders’ equity $ 5,311,381 $ 5,301,607 $ 4,914,458