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Selected Quarterly Data (Unaudited)
 12 Months Ended
Feb. 03, 2018
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Data (Unaudited)
NOTE 16: SELECTED QUARTERLY DATA1 (UNAUDITED)
 
1st Quarter

 
2nd Quarter

 
3rd Quarter

 
4th Quarter

 
Total

Fiscal year 2017
 
 
 
 
 
 
 
 
 
Net sales

$3,279

 

$3,717

 

$3,541

 

$4,600

 

$15,137

Comparable sales (decrease) increase2
(0.8
%)
 
1.7
%
 
(0.9
%)
 
2.6
%
 
0.8
%
Credit card revenues, net
75

 
76

 
88

 
102

 
341

Gross profit
1,124

 
1,266

 
1,226

 
1,631

 
5,247

Selling, general and administrative expenses
(1,048
)
 
(1,125
)
 
(1,106
)
 
(1,383
)
 
(4,662
)
Earnings before interest and income taxes
151

 
217

 
208

 
350

 
926

Net earnings
63

 
110

 
114

 
151

 
437

Earnings per basic share

$0.38

 

$0.66

 

$0.68

 

$0.90

 

$2.62

Earnings per diluted share

$0.37

 

$0.65

 

$0.67

 

$0.89

 

$2.59

 
 
 
 
 
 
 
 
 
 
Fiscal year 2016
 
 
 
 
 
 
 
 
 
Net sales

$3,192

 

$3,592

 

$3,472

 

$4,243

 

$14,498

Comparable sales (decrease) increase3
(1.7
%)
 
(1.2
%)
 
2.4
%
 
(0.9
%)
 
(0.4
%)
Credit card revenues, net
57

 
59

 
70

 
73

 
259

Gross profit
1,092

 
1,233

 
1,211

 
1,523

 
5,058

Selling, general and administrative expenses
(1,043
)
 
(1,071
)
 
(1,029
)
 
(1,172
)
 
(4,315
)
Goodwill impairment
—

 
—

 
(197
)
 
—

 
(197
)
Earnings before interest and income taxes
106

 
221

 
55

 
424

 
805

Net earnings (loss)
46

 
117

 
(10
)
 
201

 
354

Earnings (Loss) per basic share4

$0.27

 

$0.67

 

($0.06
)
 

$1.17

 

$2.05

Earnings (Loss) per diluted share4,5

$0.26

 

$0.67

 

($0.06
)
 

$1.15

 

$2.02

1 Quarterly totals may not foot across due to rounding.
2 The 53rd week is not included in comparable sales calculations (see Item 7: Management’s Discussion and Analysis of Financial Condition and Results of Operations for more information about the 53rd week).
3 One week of the Anniversary Sale, historically our largest event of the year, shifted into the third quarter. Combined second and third quarter comparable sales, which removes the impact of the event shift, increased 0.4% compared with the same period last year.
4 Loss per basic and diluted share included the impact of the Trunk Club goodwill impairment charge of $1.14 and $1.12 per share in the third quarter of 2016.  
5 Due to the anti-dilutive effect resulting from the reported net loss in the third quarter of 2016, the impact of potentially dilutive securities on the weighted-average shares outstanding has been omitted from the quarterly calculation of loss per diluted share. The impact of these potentially dilutive securities has been included in the calculation of weighted-average shares for all other periods in 2016.