v3.25.1
Segment reporting (Tables)
3 Months Ended
May 02, 2025
Segment reporting  
Schedule of net sales grouped by classes of similar products

13 Weeks Ended

May 2,

May 3,

(in thousands)

    

2025

2024

 

Classes of similar products:

    

Consumables

$

8,636,680

$

8,210,850

Seasonal

 

1,022,943

 

963,514

Home products

 

507,176

 

478,791

Apparel

 

269,180

 

260,866

Net sales

$

10,435,979

$

9,914,021

Reconciliation of segment revenue and significant segment expenses to net income

13 Weeks Ended

May 2,

May 3,

(in thousands)

    

2025

2024

 

Net sales

$

10,435,979

    

$

9,914,021

Less:

Shrink included in cost of goods sold

 

176,103

 

227,403

Cost of goods sold, excluding shrink(b)

 

7,028,588

 

6,694,469

Interest expense, net

64,604

72,433

Income tax expense

119,581

110,354

Other segment items (a)(b)

 

2,655,175

 

2,446,045

Consolidated net income

$

391,928

$

363,317

(a) Other segment items include all remaining SG&A expenses and other (income) expense as disclosed in the Consolidated Statements of Income which were not deemed individually significant for disclosure. These expense items include rent expense as disclosed in Note 4.

(b) Depreciation and amortization expense included in Cost of goods sold and SG&A expenses was approximately $252.8 million and $232.3 million for the 13-week periods ended May 2, 2025 and May 3, 2024, respectively.