v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Class A and Class B Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period (in shares) at Jan. 28, 2024   431.8      
Balance at beginning of period at Jan. 28, 2024 $ 510.3 $ 4.3 $ 2,482.0 $ (1,975.6) $ (0.4)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Share-based compensation expense 147.0   147.0    
Vesting of share-based compensation awards (in shares)   4.7      
Vesting of share-based compensation awards 0.0 $ 0.1 (0.1)    
Repurchases of common stock (in shares)   (18.9)      
Repurchases of common stock (537.2) $ (0.2) (537.0)    
Net income 366.0     366.0  
Other comprehensive income 0.7       0.7
Balance at end of period (in shares) at Jul. 28, 2024   417.6      
Balance at end of period at Jul. 28, 2024 486.8 $ 4.2 2,091.9 (1,609.6) 0.3
Balance at beginning of period (in shares) at Apr. 28, 2024   435.4      
Balance at beginning of period at Apr. 28, 2024 643.0 $ 4.4 2,547.3 (1,908.7) 0.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Share-based compensation expense 81.6   81.6    
Vesting of share-based compensation awards (in shares)   1.1      
Repurchases of common stock (in shares)   (18.9)      
Repurchases of common stock (537.2) $ (0.2) (537.0)    
Net income 299.1     299.1  
Other comprehensive income 0.3       0.3
Balance at end of period (in shares) at Jul. 28, 2024   417.6      
Balance at end of period at Jul. 28, 2024 486.8 $ 4.2 2,091.9 (1,609.6) 0.3
Balance at beginning of period (in shares) at Feb. 02, 2025   413.6      
Balance at beginning of period at Feb. 02, 2025 261.5 $ 4.1 1,840.2 (1,582.9) 0.1
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Share-based compensation expense 150.4   150.4    
Vesting of share-based compensation awards (in shares)   4.6      
Vesting of share-based compensation awards 0.0 $ 0.1 (0.1)    
Repurchases of common stock (in shares)   (3.7)      
Repurchases of common stock (147.0) $ (0.1) (146.9)    
Net income 124.4     124.4  
Other comprehensive income 0.6       0.6
Balance at end of period (in shares) at Aug. 03, 2025   414.5      
Balance at end of period at Aug. 03, 2025 389.9 $ 4.1 1,843.6 (1,458.5) 0.7
Balance at beginning of period (in shares) at May. 04, 2025   415.1      
Balance at beginning of period at May. 04, 2025 375.6 $ 4.2 1,891.4 (1,520.5) 0.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Share-based compensation expense 75.9   75.9    
Vesting of share-based compensation awards (in shares)   2.5      
Repurchases of common stock (in shares)   (3.1)      
Repurchases of common stock (123.8) $ (0.1) (123.7)    
Net income 62.0     62.0  
Other comprehensive income 0.2       0.2
Balance at end of period (in shares) at Aug. 03, 2025   414.5      
Balance at end of period at Aug. 03, 2025 $ 389.9 $ 4.1 $ 1,843.6 $ (1,458.5) $ 0.7