Financial Summary (All financials)
In millions, except per share items | Jan-28-23 | Jan-29-22 | Jan-30-21 | Feb-01-20 | Feb-02-19 | Feb-03-18 | Jan-28-17 | Jan-30-16 |
Revenues | 8,759 | 8,968 | 7,554 | 8,005 | 7,939 | 7,782 | 7,766 | 7,412 |
Revenue growth | -2.3% | 18.7% | -5.6% | 0.8% | 2.0% | 0.2% | 4.8% | 3.6% |
Cost of goods sold | 5,955 | 5,878 | 5,365 | 5,462 | 5,411 | 5,326 | 5,130 | 4,907 |
Gross profit | 2,804 | 3,090 | 2,189 | 2,543 | 2,528 | 2,456 | 2,636 | 2,505 |
Gross margin | 32.0% | 34.5% | 29.0% | 31.8% | 31.8% | 31.6% | 33.9% | 33.8% |
Selling, general and administrative | 1,903 | 1,851 | 1,587 | 1,650 | 1,614 | 1,501 | 1,472 | 1,415 |
EBITA | 701 | 1,047 | 429 | 717 | 740 | 786 | 1,004 | 843 |
EBITA margin | 8.0% | 11.7% | 5.7% | 9.0% | 9.3% | 10.1% | 12.9% | 11.4% |
Amortization of intangibles | 8 | 5 | 3 | 3 | 4 | 4 | 4 | 4 |
EBIT | 693 | 1,042 | 426 | 714 | 736 | 782 | 1,000 | 839 |
EBIT margin | 7.9% | 11.6% | 5.6% | 8.9% | 9.3% | 10.0% | 12.9% | 11.3% |
Pre-tax income | 524 | 1,240 | 494 | 672 | 713 | 578 | 1,004 | 837 |
Income taxes | 180 | 348 | 171 | 181 | 172 | 294 | 340 | 296 |
Tax rate | 34.4% | 28.1% | 34.6% | 26.9% | 24.1% | 50.9% | 33.9% | 35.4% |
Earnings from continuing ops | 689 | 893 | 323 | 491 | 541 | 284 | 664 | 541 |
Earnings from discontinued ops | -3 | | | | | | | |
Net income | 686 | 893 | 323 | 491 | 541 | 284 | 664 | 541 |
Net margin | 7.8% | 10.0% | 4.3% | 6.1% | 6.8% | 3.6% | 8.6% | 7.3% |
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Diluted EPS | $7.21 | $8.60 | $3.07 | $4.50 | $4.66 | $2.22 | $4.91 | $3.84 |
Shares outstanding (diluted) | 96 | 104 | 105 | 109 | 116 | 128 | 135 | 141 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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