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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Oct. 28, 2023
Oct. 29, 2022
Oct. 28, 2023
Oct. 29, 2022
Net Sales $ 3,767 $ 4,039 $ 10,591 $ 11,373
Cost of goods sold and occupancy expenses 2,211 2,530 6,488 7,438
Gross profit 1,556 1,509 4,103 3,935
Operating Expenses 1,306 1,323 3,757 3,974
Operating income (loss) 250 186 346 (39)
Interest Expense 28 22 66 63
Interest income (28) (4) (58) (6)
Income (Loss) before income taxes 250 168 338 (96)
Income taxes 32 (114) 21 (167)
Net income (loss) $ 218 $ 282 $ 317 $ 71
Weighted-average number of shares - basic (in shares) 371 365 369 367
Weighted-average number of shares - diluted (in shares) 375 366 373 370
Earnings (loss) per share - basic (in dollars per share) $ 0.59 $ 0.77 $ 0.86 $ 0.19
Earnings (loss) per share - diluted (in dollars per share) $ 0.58 $ 0.77 $ 0.85 $ 0.19