XML 17 R4.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 8 Months Ended
May 04, 2024
May 06, 2023
May 04, 2024
May 06, 2023
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)        
Net sales $ 4,235,485 $ 4,090,541 $ 12,284,888 $ 11,766,591
Cost of sales, including warehouse and delivery expenses 1,969,963 1,944,415 5,725,698 5,695,840
Gross profit 2,265,522 2,146,126 6,559,190 6,070,751
Operating, selling, general and administrative expenses 1,365,341 1,287,645 4,067,163 3,819,261
Operating profit 900,181 858,481 2,492,027 2,251,490
Interest expense, net 104,422 74,313 298,426 197,645
Income before income taxes 795,759 784,168 2,193,601 2,053,845
Income tax expense 144,033 136,445 433,382 390,260
Net income $ 651,726 $ 647,723 $ 1,760,219 $ 1,663,585
Weighted average shares for basic earnings per share 17,273 18,389 17,434 18,700
Effect of dilutive stock equivalents 488 594 507 622
Weighted average shares for diluted earnings per share 17,761 18,983 17,941 19,322
Basic earnings per share $ 37.73 $ 35.22 $ 100.96 $ 88.96
Diluted earnings per share $ 36.69 $ 34.12 $ 98.11 $ 86.10