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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 02, 2026
Jan. 31, 2026
May 03, 2025
Current Assets      
Cash and cash equivalents $ 4,130,980 $ 4,594,392 $ 3,783,413
Accounts receivable 212,540 181,301 181,004
Merchandise inventory 2,976,958 2,630,970 2,669,849
Prepaid expenses and other 252,941 233,434 240,837
Total current assets 7,573,419 7,640,097 6,875,103
Property and Equipment      
Land and buildings 1,838,070 1,836,167 1,494,018
Fixtures and equipment 5,115,619 5,056,827 4,561,893
Leasehold improvements 1,870,928 1,861,160 1,719,361
Construction-in-progress 560,433 477,290 864,381
Property and equipment, gross 9,385,050 9,231,444 8,639,653
Less accumulated depreciation and amortization 5,237,384 5,142,684 4,812,112
Property and equipment, net 4,147,666 4,088,760 3,827,541
Operating lease assets 3,531,945 3,519,610 3,325,849
Other long-term assets 301,542 300,270 276,123
Total assets 15,554,572 15,548,737 14,304,616
Current Liabilities      
Accounts payable 2,653,741 2,386,418 2,163,954
Accrued expenses and other 696,511 666,978 616,008
Current operating lease liabilities 735,528 727,855 702,025
Accrued payroll and benefits 376,760 484,407 274,877
Income taxes payable 210,971 61,779 180,083
Current portion of long-term debt 241,344 499,743 498,812
Total current liabilities 4,914,855 4,827,180 4,435,759
Long-term debt 776,843 1,017,863 1,016,897
Non-current operating lease liabilities 2,969,435 2,966,877 2,797,935
Other long-term liabilities 292,944 287,947 268,698
Deferred income taxes 295,492 261,427 209,249
Commitments and contingencies
Stockholders’ Equity      
Common stock, par value $.01 per share Authorized 1,000,000,000 shares Issued and outstanding 321,035,000, 322,333,000 and 327,384,000 shares, respectively 3,210 3,223 3,274
Additional paid-in capital 2,314,302 2,257,354 2,131,533
Treasury stock (933,459) (799,288) (779,541)
Retained earnings 4,920,950 4,726,154 4,220,812
Total stockholders’ equity 6,305,003 6,187,443 5,576,078
Total liabilities and stockholders’ equity $ 15,554,572 $ 15,548,737 $ 14,304,616