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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Nov. 02, 2024
Oct. 28, 2023
Nov. 02, 2024
Oct. 28, 2023
Total revenues $ 5,099,364 $ 4,924,723 $ 15,223,278 $ 14,611,405
Cost of sales 4,123,888 4,022,243 12,407,836 11,932,120
Selling, general and administrative expenses 733,580 697,104 2,205,674 2,081,392
Pre-opening expenses 12,513 6,001 15,955 11,479
Operating income 229,383 199,375 593,813 586,414
Interest expense, net 12,593 18,004 39,299 48,968
Income from operations before income taxes 216,790 181,371 554,514 537,446
Provision for income taxes 61,042 50,904 142,759 159,666
Income from continuing operations     411,755 377,780
Income from discontinued operations, net of income taxes     0 89
Net income $ 155,748 $ 130,467 $ 411,755 $ 377,869
Income per share attributable to common stockholders—basic:        
Income from continuing operations (in USD per share)     $ 3.11 $ 2.84
Income from discontinued operations (in USD per share)     0 0
Income per share attributable to common stockholders—basic (in USD per share) $ 1.18 $ 0.98 3.11 2.84
Income per share attributable to common stockholders—diluted:        
Income from continuing operations (in USD per share)     3.08 2.79
Income from discontinued operations (in USD per share)     0 0
Income per share attributable to common stockholders—diluted (in USD per share) $ 1.17 $ 0.97 $ 3.08 $ 2.79
Weighted-average shares of common stock outstanding:        
Basic (in shares) 132,083 133,069 132,304 133,232
Diluted (in shares) 133,333 134,984 133,764 135,338
Other comprehensive income (loss)        
Amounts released from other comprehensive income, net of tax     $ 0 $ (501)
Total other comprehensive income (loss) $ 0 $ 0 0 (501)
Total comprehensive income 155,748 130,467 411,755 377,368
Net sales        
Total revenues 4,984,385 4,818,670 14,883,793 14,299,132
Membership fee income        
Total revenues $ 114,979 $ 106,053 $ 339,485 $ 312,273