v3.26.1
Income Taxes
6 Months Ended
Aug. 01, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The effective income tax rate was 26.3 percent for the 13 weeks ended August 1, 2026, compared with 27.0 percent for the 13 weeks ended August 2, 2025. The decrease in the effective tax rate is primarily due to the recognition of certain tax benefits associated with foreign entity structure changes in the prior quarter, as well as changes in the amount and mix of jurisdictional earnings.

The effective income tax rate was 25.7 percent for the 26 weeks ended August 1, 2026, compared with 26.8 percent for the 26 weeks ended August 2, 2025. The decrease in the effective tax rate is primarily due to more favorable impacts of share-based compensation, the recognition of certain tax benefits associated with foreign entity structure changes, as well as changes in the amount and mix of jurisdictional earnings.