| Schedule of segment reporting information, by segment |
| | | | | | | | | | | | | Three Months Ended May 2, 2026 | | (in thousands of dollars) | | Retail Operations | | Construction | | Consolidated | | Net sales from customers | | $ | 1,518,165 | | $ | 54,712 | | $ | 1,572,877 | | Elimination of intersegment revenues | | | - | | | (4,450) | | | (4,450) | | Net sales from external customers | | | 1,518,165 | | | 50,262 | | | 1,568,427 | | | | | | | | | | | | | Reconciliation of revenue | | | | | | | | | | | Service charges and other income | | | 20,175 | | | 19 | | | 20,194 | | Total net sales and service charges and other income | | | 1,538,340 | | | 50,281 | | | 1,588,621 | | | | | | | | | | | | | Less: (a) | | | | | | | | | | | Cost of sales | | | 823,285 | | | 47,083 | | | 870,368 | | Payroll expense (b) | | | 274,512 | | | 1,840 | | | 276,352 | | Depreciation and amortization | | | 43,213 | | | 65 | | | 43,278 | | Rentals | | | 3,821 | | | 68 | | | 3,889 | | Interest and investment income | | | (10,975) | | | (220) | | | (11,195) | | Interest and debt expense | | | 10,496 | | | - | | | 10,496 | | Gain on litigation settlement | | | (104,081) | | | - | | | (104,081) | | Other segment items (c) | | | 171,762 | | | 717 | | | 172,479 | | Income before income taxes and equity in earnings of joint ventures | | $ | 326,307 | | $ | 728 | | | 327,035 | | Income taxes | | | | | | | | | 76,780 | | Equity in earnings of joint ventures | | | | | | | | | 298 | | Net income | | | | | | | | $ | 250,553 | | | | | | | | | | | | | Gross margin (d) | | $ | 694,880 | | $ | 3,179 | | $ | 698,059 | | Gross margin percentage | | | 45.8 | % | | 6.3 | % | | 44.5 | % | | | | | | | | | | | | Total assets | | $ | 4,068,981 | | $ | 68,772 | | $ | 4,137,753 | | Capital expenditures | | $ | 17,087 | | $ | 121 | | $ | 17,208 | |
| (a) | The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. |
| (b) | Payroll expense does not include amounts capitalized on the balance sheet or included within other expense categories. |
| (c) | Other segment items for each reportable segment includes: |
●All selling, general and administrative expenses other than payroll expense ●Other expense ●Gain on disposal of assets | (d) | The calculation of gross margin is net sales from external customers less cost of sales. |
| | | | | | | | | | | | | Three Months Ended May 3, 2025 | | (in thousands of dollars) | | Retail Operations | | Construction | | Consolidated | | Net sales from customers | | $ | 1,467,937 | | $ | 67,290 | | $ | 1,535,227 | | Elimination of intersegment revenues | | | - | | | (6,364) | | | (6,364) | | Net sales from external customers | | | 1,467,937 | | | 60,926 | | | 1,528,863 | | | | | | | | | | | | | Reconciliation of revenue | | | | | | | | | | | Service charges and other income | | | 18,082 | | | 26 | | | 18,108 | | Total net sales and service charges and other income | | | 1,486,019 | | | 60,952 | | | 1,546,971 | | | | | | | | | | | | | Less: (a) | | | | | | | | | | | Cost of sales | | | 799,672 | | | 58,019 | | | 857,691 | | Payroll expense (b) | | | 263,360 | | | 1,580 | | | 264,940 | | Depreciation and amortization | | | 44,413 | | | 72 | | | 44,485 | | Rentals | | | 4,539 | | | 57 | | | 4,596 | | Interest and investment income | | | (10,950) | | | (210) | | | (11,160) | | Interest and debt expense | | | 10,338 | | | - | | | 10,338 | | Gain on litigation settlement | | | - | | | - | | | - | | Other segment items (c) | | | 161,789 | | | 595 | | | 162,384 | | Income before income taxes and equity in earnings of joint ventures | | $ | 212,858 | | $ | 839 | | | 213,697 | | Income taxes | | | | | | | | | 49,880 | | Equity in earnings of joint ventures | | | | | | | | | - | | Net income | | | | | | | | $ | 163,817 | | | | | | | | | | | | | Gross margin (d) | | $ | 668,265 | | $ | 2,907 | | $ | 671,172 | | Gross margin percentage | | | 45.5 | % | | 4.8 | % | | 43.9 | % | | | | | | | | | | | | Total assets | | $ | 3,828,525 | | $ | 78,499 | | $ | 3,907,024 | | Capital expenditures | | $ | 16,820 | | $ | 33 | | $ | 16,853 | |
| (a) | The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. |
| (b) | Payroll expense does not include amounts capitalized on the balance sheet or included within other expense categories. |
| (c) | Other segment items for each reportable segment includes: |
| ● | All selling, general and administrative expenses other than payroll expense |
| ● | Gain on disposal of assets |
| (d) | The calculation of gross margin is net sales from external customers less cost of sales. |
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