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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
May 04, 2024
Apr. 29, 2023
Net Sales $ 3,388 $ 3,276
Cost of goods sold and occupancy expenses 1,991 2,062
Gross profit 1,397 1,214
Operating Expenses 1,192 1,224
Operating income (loss) 205 (10)
Interest Expense 21 23
Interest income (24) (13)
Income (Loss) before income taxes 208 (20)
Income taxes 50 (2)
Net income (loss) $ 158 $ (18)
Weighted-average number of shares - basic (in shares) 374 367
Weighted-average number of shares - diluted (in shares) 383 367
Earnings (loss) per share - basic (in dollars per share) $ 0.42 $ (0.05)
Earnings (loss) per share - diluted (in dollars per share) $ 0.41 $ (0.05)