v3.25.2
Share-Based Compensation (Tables)
6 Months Ended
Aug. 03, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Service and Performance Based-Awards Activity
The following table summarizes the activity related to the Company’s RSUs for the twenty-six weeks ended August 3, 2025 (in millions, except for weighted-average grant date fair value):

Number of RSUsWeighted-Average Grant Date Fair Value
Unvested and outstanding as of February 2, 202522.5 $22.65 
Granted11.4 $33.80 
Vested(4.6)$26.55 
Forfeited(3.6)$23.60 
Unvested and outstanding as of August 3, 202525.7 $26.76 
The following table summarizes the activity related to the Company’s PRSUs for the twenty-six weeks ended August 3, 2025 (in millions, except for weighted-average grant date fair value):

Number of PRSUsWeighted-Average Grant Date Fair Value
Unvested and outstanding as of February 2, 20252.0 $18.69 
Granted1.2 $26.35 
Forfeited(0.6)$20.62 
Unvested and outstanding as of August 3, 20252.6 $21.79 
Schedule of Weighted Average Grant-Date Fair Value and Total Fair Value of Service and Performance Based-Awards Activity
The following table summarizes the weighted average grant-date fair value of RSUs granted and total fair value of RSUs vested for the periods presented:

26 Weeks Ended
August 3, 2025July 28, 2024
Weighted average grant-date fair value of RSUs$33.80 $16.41 
Total fair value of vested RSUs (in millions)$171.9 $84.5 
The following table summarizes the weighted average grant-date fair value of PRSUs granted and total fair value of PRSUs vested for the periods presented:
26 Weeks Ended
August 3, 2025July 28, 2024
Weighted average grant-date fair value of PRSUs$26.35 $16.93 
Total fair value of vested PRSUs (in millions)$— $0.6 
Schedule of Share-based Compensation Expense The Company recognized share-based compensation expense as follows (in millions):
13 Weeks Ended26 Weeks Ended
August 3, 2025July 28, 2024August 3, 2025July 28, 2024
RSUs$71.9 $78.0 $139.5 $142.1 
PRSUs4.0 3.6 10.9 4.9 
Total share-based compensation expense$75.9 $81.6 $150.4 $147.0