6 unchanged sentences
Refer to Note 1, Summary of Significant Accounting Policies , of the Notes to Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended January 31, 2026, for further information regarding our interest rate swaps.
−Removed: As of May 2, 2026, we had $2.0 billion of cash, cash equivalents and restricted cash and $0.5 billion of debt that has been swapped to floating rate, and therefore the net asset balance exposed to interest rate changes was $1.5 billion.
−Removed: As of May 2, 2026, a 50-basis point increase in short-term interest rates would have led to an estimated $2 million increase in net interest income during the first quarter of fiscal 2027, and conversely a 50-basis point decrease in short-term interest rates would have led to an estimated $2 million decrease in net interest income during the first quarter of fiscal 2027.
+Added: As of August 1, 2026, we had $2.5 billion of cash, cash equivalents and restricted cash and $0.5 billion of debt that has been swapped to floating rate, and therefore the net asset balance exposed to interest rate changes was $2.0 billion.
+Added: As of August 1, 2026, a 50-basis point increase in short-term interest rates would have led to an estimated $3 million increase in net interest income during the second quarter of fiscal 2027, and conversely a 50-basis point decrease in short-term interest rates would have led to an estimated $3 million decrease in net interest income during the second quarter of fiscal 2027.
Foreign Currency Exchange Rate Risk
4 unchanged sentences
Refer to Note 1, Summary of Significant Accounting Policies , and Note 5, Derivative Instruments , of the Notes to Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended January 31, 2026, for additional information regarding these instruments.
−Removed: During the first quarter of fiscal 2027, foreign currency exchange rate fluctuations were primarily driven by the weakening of the U.S.
+Added: During the second quarter of fiscal 2027, foreign currency exchange rate fluctuations were primarily driven by the strength of the U.S.
dollar against the Canadian dollar compared to the prior-year period.
−Removed: We estimate that the foreign exchange rate fluctuations had a favorable impact on our revenue of approximately $23 million in the first quarter of fiscal 2027.
−Removed: The estimated impact of foreign exchange rate fluctuations on our net earnings in the first quarter of fiscal 2027 was not significant.
+Added: We estimate that the foreign exchange rate fluctuations had an unfavorable impact on our revenue of approximately $12 million in the second quarter of fiscal 2027.
+Added: The estimated impact of foreign exchange rate fluctuations on our net earnings in the second quarter of fiscal 2027 was not significant.
+Added: During the first six months of fiscal 2027, foreign currency exchange rate fluctuations were primarily driven by the weakening of the U.S.
+Added: dollar against the Canadian dollar compared to the prior-year period.
+Added: We estimate that the foreign exchange rate fluctuations had a favorable impact on our revenue of approximately $11 million in the first six months of fiscal 2027.
+Added: The estimated impact of foreign currency exchange rate fluctuations on our net earnings in the first six months of fiscal 2027 was not significant.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.