v3.25.2
Segment Information
 6 Months Ended
Aug. 03, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company operates in one operating segment and one reportable segment organized around the sale of pet products and services, as the Chief Operating Decision Maker (“CODM”) reviews financial information presented on a consolidated basis for purposes of making operating decisions, allocating resources, and evaluating financial performance. The CODM utilizes gross profit and net income as the measures of segment profit.

The following table presents information about the Company’s measures of segment profit and significant segment expenses regularly provided to the CODM (in millions):

13 Weeks Ended26 Weeks Ended
August 3, 2025July 28, 2024August 3, 2025July 28, 2024
Net sales$3,104.2 $2,858.6 $6,220.2 $5,736.3 
Cost of goods sold2,162.0 2,014.8 4,354.2 4,038.5 
Gross profit942.2 843.8 1,866.0 1,697.8 
Segment expenses (income/benefit)
Fulfillment costs
360.3 317.2 706.7 627.0 
Share-based compensation expense and related taxes
79.1 82.5 157.1 152.0 
Depreciation and amortization
32.1 28.5 62.1 56.5 
Other selling, general, and administrative expenses
200.4 193.0 399.1 388.3 
Advertising and marketing expenses
200.6 190.5 394.4 377.3 
Income tax provision (benefit)12.0 (252.6)27.5 (241.1)
Interest and other income, net(4.3)(14.4)(5.3)(28.2)
Net income$62.0 $299.1 $124.4 $366.0 

The CODM does not regularly review asset information by reportable segment, and therefore the Company does not report asset information by reportable segment.