Financial Summary (All financials)
In millions, except per share items | Jan-28-23 | Jan-29-22 | Jan-30-21 | Feb-01-20 |
Revenues | 6,344.0 | 6,785.0 | 5,413.0 | 7,509.0 |
Revenue growth | -6.5% | 25.3% | -27.9% | |
Cost of goods sold | 4,086.0 | 4,025.0 | 3,842.0 | 5,446.0 |
Gross profit | 2,258.0 | 2,760.0 | 1,571.0 | 2,063.0 |
Gross margin | 35.6% | 40.7% | 29.0% | 27.5% |
Selling, general and administrative | 1,780.0 | 1,890.0 | 1,672.0 | 2,235.0 |
EBIT | 478.0 | 870.0 | -101.0 | -172.0 |
EBIT margin | 7.5% | 12.8% | -1.9% | -2.3% |
Pre-tax income | 417.0 | 843.0 | -106.0 | -899.0 |
Income taxes | 79.0 | 197.0 | -34.0 | -2.0 |
Tax rate | 18.9% | 23.4% | 32.1% | 0.2% |
Net income | 348.0 | 646.0 | -72.0 | -897.0 |
Net margin | 5.5% | 9.5% | -1.3% | -11.9% |
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Diluted EPS | $4.14 | $7.18 | ($0.82) | ($10.19) |
Shares outstanding (diluted) | 84.0 | 90.0 | 88.0 | 88.0 |
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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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