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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 8 Months Ended
May 06, 2023
May 07, 2022
May 06, 2023
May 07, 2022
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 4,090,541 $ 3,865,222 $ 11,766,591 $ 10,903,875
Cost of sales, including warehouse and delivery expenses 1,944,415 1,858,808 5,695,840 5,187,075
Gross profit 2,146,126 2,006,414 6,070,751 5,716,800
Operating, selling, general and administrative expenses 1,287,645 1,220,744 3,819,261 3,549,885
Operating profit 858,481 785,670 2,251,490 2,166,915
Interest expense, net 74,313 41,888 197,645 127,642
Income before income taxes 784,168 743,782 2,053,845 2,039,273
Income tax expense 136,445 151,211 390,260 419,712
Net income $ 647,723 $ 592,571 $ 1,663,585 $ 1,619,561
Weighted average shares for basic earnings per share 18,389 19,798 18,700 20,433
Effect of dilutive stock equivalents 594 616 622 627
Weighted average shares for diluted earnings per share 18,983 20,414 19,322 21,060
Basic earnings per share $ 35.22 $ 29.93 $ 88.96 $ 79.26
Diluted earnings per share $ 34.12 $ 29.03 $ 86.10 $ 76.90