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 | 7,560.0 | 7,882.0 | 6,434.0 | 5,405.0 | 13,237.0 | 12,632.0 | 12,574.0 | 12,154.0 |
| Revenue growth | -4.1% | 22.5% | 19.0% | -59.2% | 4.8% | 0.5% | 3.5% | 6.1% |
| Cost of goods sold | 4,305.0 | 4,027.0 | 3,338.0 | 3,018.0 | 8,338.0 | 7,673.0 | 7,449.0 | 6,950.0 |
| Gross profit | 3,255.0 | 3,855.0 | 3,096.0 | 2,387.0 | 4,899.0 | 4,959.0 | 5,125.0 | 5,204.0 |
| Gross margin | 43.1% | 48.9% | 48.1% | 44.2% | 37.0% | 39.3% | 40.8% | 42.8% |
| Selling, general and administrative | 1,879.0 | 1,846.0 | 1,492.0 | 1,347.0 | 3,563.0 | 3,231.0 | 3,122.0 | 3,012.0 |
| EBIT | 1,376.0 | 2,009.0 | 1,604.0 | 1,040.0 | 1,138.0 | 1,728.0 | 2,003.0 | 2,192.0 |
| EBIT margin | 18.2% | 25.5% | 24.9% | 19.2% | 8.6% | 13.7% | 15.9% | 18.0% |
| Pre-tax income | 1,045.0 | 1,423.0 | 1,122.0 | 608.0 | 857.0 | 1,312.0 | 1,696.0 | 1,934.0 |
| Income taxes | 251.0 | 348.0 | 257.0 | 148.0 | 213.0 | 329.0 | 538.0 | 681.0 |
| Tax rate | 24.0% | 24.5% | 22.9% | 24.3% | 24.9% | 25.1% | 31.7% | 35.2% |
| Net income | 800.0 | 1,333.0 | 844.0 | -366.0 | 644.0 | 983.0 | 1,158.0 | 1,253.0 |
| Net margin | 10.6% | 16.9% | 13.1% | -6.8% | 4.9% | 7.8% | 9.2% | 10.3% |
| |
| Diluted EPS | $3.41 | $3.94 | $3.08 | $1.65 | $2.31 | $3.43 | $3.98 | $4.22 |
| Shares outstanding (diluted) | 233.0 | 273.0 | 281.0 | 278.0 | 279.0 | 287.0 | 291.0 | 297.0 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|