v3.26.1
Segment Information
 12 Months Ended
Feb. 01, 2026
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 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):

Fiscal Year
202520242023
Net sales$12,601.5 $11,861.3 $11,147.7 
Cost of goods sold8,847.6 8,393.6 7,986.2 
Gross profit3,753.9 3,467.7 3,161.5 
Fulfillment costs1,411.8 1,309.4 1,286.2 
Share-based compensation expense and related taxes311.2 332.1 248.5 
Depreciation and amortization129.3 114.6 109.7 
Other selling, general, and administrative expenses822.4 794.9 798.3 
Advertising and marketing expenses824.9 804.1 742.4 
Income tax provision (benefit)40.5 (241.0)8.7 
Interest and other income, net(9.0)(39.1)(71.9)
Net income$222.8 $392.7 $39.6 
The CODM reviews assets on a consolidated basis as presented on our Consolidated Balance Sheets.