Annual report pursuant to Section 13 and 15(d)

QUARTERLY FINANCIAL INFORMATION (Unaudited)

v2.4.1.9
QUARTERLY FINANCIAL INFORMATION (Unaudited)
 12 Months Ended
Jan. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL INFORMATION (Unaudited)
QUARTERLY FINANCIAL INFORMATION (Unaudited)
The following table sets forth certain items from the Company's unaudited consolidated income statements for each quarter of fiscal year 2014 and 2013.  The unaudited information has been prepared on the same basis as the audited consolidated financial statements appearing elsewhere in this report and includes all adjustments, consisting only of normal recurring adjustments, which management considers necessary for a fair presentation of the financial data shown.  The operating results for any quarter are not necessarily indicative of results for a full year or for any future period.
(dollars in millions, except diluted net income per share data)
 
First
Quarter (1)
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Fiscal 2014:
 
 
 
 
 
 
 
 
Net sales
 
$
2,000.3

 
$
2,031.1

 
$
2,095.2

 
$
2,475.6

Gross profit
 
$
696.6

 
$
694.1

 
$
725.3

 
$
918.1

Operating income
 
$
231.9

 
$
205.0

 
$
219.7

 
$
383.6

Net income
 
$
138.3

 
$
121.5

 
$
133.0

 
$
206.6

Diluted net income per share
 
$
0.67

 
$
0.59

 
$
0.64

 
$
1.00

Stores open at end of quarter
 
5,080

 
5,166

 
5,282

 
5,367

Comparable store net sales change
 
1.9
%
 
4.4
%
 
5.9
%
 
5.5
%
Fiscal 2013:
 
 

 
 

 
 

 
 

Net sales
 
$
1,865.8

 
$
1,854.9

 
$
1,884.7

 
$
2,234.9

Gross profit
 
$
656.0

 
$
648.7

 
$
659.9

 
$
825.2

Operating income
 
$
216.6

 
$
201.3

 
$
204.3

 
$
348.2

Net income
 
$
133.5

 
$
124.7

 
$
125.4

 
$
213.0

Diluted net income per share
 
$
0.59

 
$
0.56

 
$
0.58

 
$
1.02

Stores open at end of quarter
 
4,763

 
4,842

 
4,953

 
4,992

Comparable store net sales change
 
2.1
%
 
3.7
%
 
3.1
%
 
1.2
%

(1) Easter was observed on April 20, 2014 and March 31, 2013.