Quarterly report [Sections 13 or 15(d)]

Earnings Per Share

v3.25.2
Earnings Per Share
 6 Months Ended
Aug. 02, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table sets forth the calculations of basic and diluted earnings per share:
13 Weeks Ended 26 Weeks Ended
(in millions, except per share data) August 2, 2025 August 3, 2024 August 2, 2025 August 3, 2024
Numerator:
Income from continuing operations $ 155.5  $ 142.3  $ 469.0  $ 410.0 
Income (loss) from discontinued operations, net of tax
 32.9  (9.9) 62.8  22.5 
Net income $ 188.4  $ 132.4  $ 531.8  $ 432.5 
Denominator:
Weighted average number of shares outstanding 207.3 215.0 210.4 216.4
Dilutive impact of share-based awards (as determined by
   applying the treasury stock method)		 0.5 0.2 0.4 0.3
Weighted average number of shares and dilutive
   potential shares outstanding		 207.8 215.2 210.8 216.7
Basic earnings (loss) per share of common stock:
Continuing operations $ 0.75  $ 0.66  $ 2.23  $ 1.89 
Discontinued operations 0.16  (0.04) 0.30  0.11 
Total basic earnings per share of common stock $ 0.91  $ 0.62  $ 2.53  $ 2.00 
Diluted earnings (loss) per share of common stock:
Continuing operations $ 0.75  $ 0.66  $ 2.22  $ 1.89 
Discontinued operations 0.16  (0.04) 0.30  0.11 
Total diluted earnings per share of common stock $ 0.91  $ 0.62  $ 2.52  $ 2.00 
Share-based awards of 2.2 million shares and 2.2 million shares were excluded from the calculation of diluted net income per share for the 13 and 26 weeks ended August 2, 2025, respectively, because their inclusion would be anti-dilutive. Share-based awards of 3.4 million shares and 3.1 million shares were excluded from the calculation of diluted net income per share for the 13 and 26 weeks ended August 3, 2024, respectively, because their inclusion would be anti-dilutive.