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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Apr. 29, 2023
Apr. 30, 2022
Net Sales $ 3,276 $ 3,477
Cost of goods sold and occupancy expenses 2,062 2,381
Gross profit 1,214 1,096
Operating Expenses 1,224 1,293
Operating income (loss) (10) (197)
Interest Expense 23 20
Interest income (13) (1)
Income (Loss) before income taxes (20) (216)
Income taxes (2) (54)
Net income (loss) $ (18) $ (162)
Weighted-average number of shares - basic (in shares) 367 370
Weighted-average number of shares - diluted (in shares) 367 370
Earnings (loss) per share - basic (in dollars per share) $ (0.05) $ (0.44)
Earnings (loss) per share - diluted (in dollars per share) $ (0.05) $ (0.44)