| Summary of Operating Financial Results of Reportable Segment |
The following table provides the operating financial results of our reportable segment (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Thirteen Weeks Ended | | Twenty-six Weeks Ended | | August 1, 2026 | | August 2, 2025 | | August 1, 2026 | | August 2, 2025 | | Total revenues | $ | 6,226,579 | | | $ | 5,380,240 | | | $ | 11,888,079 | | | $ | 10,533,723 | | | Less: significant and other segment expenses | | | | | | | | Merchandise cost of sales (a) | 3,763,786 | | | 3,528,423 | | | 7,283,989 | | | 6,892,208 | | Selling, general and administrative expenses (b) | 857,642 | | | 789,645 | | | 1,677,630 | | | 1,555,499 | | Other segment expenses (c) | 1,431,284 | | | 911,467 | | | 2,609,867 | | | 1,785,543 | | | Net income | $ | 173,867 | | | $ | 150,705 | | | $ | 316,593 | | | $ | 300,473 | |
| | | | | | (a) | Merchandise cost of sales represents those expenses related to the sales of merchandise including inventory costs and distribution costs, and excludes costs related to gasoline and membership fee income. | (b) | Selling, general and administrative expenses is inclusive of pre-opening expenses, stock-based compensation, and other corporate expenses. | (c) | Other segment expenses primarily consists of other costs of revenues, including gas, as well as interest expense and income tax expense. |
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