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Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
May 04, 2024
Apr. 29, 2023
Net sales $ 1,009,112 $ 1,123,577
Cost of sales (exclusive of depreciation expense shown separately below) 637,413 731,108
Gross margin 371,699 392,469
Selling and administrative expenses 533,004 620,865
Depreciation expense 31,551 36,582
Gain on sale of real estate and related expenses 0 (3,799)
Operating income (loss) (192,856) (261,179)
Interest expense (11,989) (9,149)
Other income (expense) 1 5
Income (loss) before income taxes (204,844) (270,323)
Income tax expense (benefit) 191 (64,250)
Net income (loss) and comprehensive income (loss) $ (205,035) $ (206,073)
Earnings (loss) per common share    
Earnings (loss) per common share - basic (in dollars per share) $ (6.99) $ (7.10)
Earnings (loss) per common share - diluted (in dollars per share) $ (6.99) $ (7.10)
Weighted-average common shares outstanding:    
Basic 29,350 29,018
Dilutive effect of share-based awards 0 0
Diluted 29,350 29,018
Cash dividends declared per common share $ 0 $ 0.30