2 unchanged sentences
Dividend Payments
−Removed: During fiscal 2018, the Company paid cash dividends of $0.25 per share in each of the four quarters.
−Removed: The Company also paid a special cash dividend of $1.00 per share in the fourth quarter of fiscal 2018.
During fiscal 2019, the Company paid cash dividends of $0.25 per share in each of the first three quarters and $0.30 per share in the fourth quarter.
3 unchanged sentences
The Company also paid a special cash dividend of $2.00 per share in the fourth quarter of fiscal 2020.
+Added: During fiscal 2021, the Company paid cash dividends of $0.33 per share in each of the first three quarters and $0.35 per share in the fourth quarter.
+Added: The Company also paid a special cash dividend of $5.65 per share in the fourth quarter of fiscal 2021.
Issuer Purchases of Equity Securities
15 unchanged sentences
Stock Price Performance Graph
−Removed: The graph below compares the cumulative total return on common shares of the Company for the last five fiscal years with the cumulative total return on the Russell 2000 Stock Index and a peer group of Retail Trade Stocks:
+Added: The graph below compares the cumulative total return on common shares of the Company for the last five fiscal years with the cumulative total return on the S&P 1000 Index, Russell 2000 Index, S&P Retail Select Industry Index, and a peer group of retail trade stocks:
Total Return Analysis 1/28/2017 2/3/2018 2/2/2019 2/1/2020 1/30/2021 1/29/2022
1 unchanged sentence
$ 100.00 $ 110.49 $ 108.33 $ 168.15 $ 295.29 $ 320.80
+Added: S&P 1000 Index 100.00 114.60 112.79 123.60 148.20 163.84
Russell 2000 Index 100.00 114.39 112.52 122.67 159.68 153.09
+Added: S&P Retail Select Industry Index 100.00 108.29 105.92 105.55 218.09 198.97
Peer Group 100.00 129.30 123.45 102.08 130.18 133.57
+Added: The above performance graph is a transitional graph as the Company transitions to the S&P Retail Select standard industry index from a peer group and to the S&P 1000 major market index from the Russell 2000 Index.
The Peer Group included in the above performance graph includes the following retail company stocks:
−Removed: AEO, ANF, GPS, LB, TLYS, URBN, ZUMZ, EXPR, GES, and GCO.
+Added: AEO, ANF, GPS, TLYS, URBN, ZUMZ, EXPR, GES, and GCO.
The following table lists the Company’s quarterly market range for fiscal years 2021, 2020, and 2019, as reported by the New York Stock Exchange:
Fiscal Years Ended
−Removed: January 30, 2021 February 1, 2020 February 2, 2019
+Added: January 29, 2022 January 30, 2021 February 1, 2020
Quarter High Low High Low High Low
7 unchanged sentences
Additional information required by this item appears in the Notes to Consolidated Financial Statements contained herein under Footnote K "Stock-Based Compensation" and is incorporated by reference.
−Removed: ITEM 6 - SELECTED FINANCIAL DATA
−Removed: SELECTED FINANCIAL DATA
−Removed: (Amounts in Thousands Except Share, Per Share Amounts, and Selected Operating Data)
−Removed: Fiscal Years Ended
−Removed: 2021 February 1,
−Removed: 2020 February 2,
−Removed: 2019 February 3,
−Removed: 2018 (d) January 28,
−Removed: Income Statement Data
−Removed: Net sales $ 901,278 $ 900,254 $ 885,496 $ 913,380 $ 974,873
−Removed: Cost of sales (including buying, distribution, and occupancy costs)
−Removed: 500,610 522,780 519,423 533,357 577,705
−Removed: Gross profit 400,668 377,474 366,073 380,023 397,168
−Removed: Selling expenses 191,158 204,480 202,032 206,068 205,933
−Removed: General and administrative expenses 41,488 41,497 43,113 39,877 38,475
−Removed: Income from operations 168,022 131,497 120,928 134,078 152,760
−Removed: Other income, net 2,925 6,210 5,716 5,407 3,511
−Removed: Income before income taxes 170,947 137,707 126,644 139,485 156,271
−Removed: Income tax expense 40,808 33,278 31,036 49,778 58,310
−Removed: Net income $ 130,139 $ 104,429 $ 95,608 $ 89,707 $ 97,961
−Removed: Basic earnings per share $ 2.67 $ 2.15 $ 1.97 $ 1.86 $ 2.04
−Removed: Diluted earnings per share $ 2.66 $ 2.14 $ 1.97 $ 1.85 $ 2.03
−Removed: Dividends declared per share (a) $ 2.60 $ 2.30 $ 2.00 $ 2.75 $ 1.75
−Removed: Selected Operating Data
−Removed: Stores open at end of period 443 448 450 457 467
−Removed: Average sales per square foot $ 311 $ 341 $ 334 $ 344 $ 370
−Removed: Average sales per store (000's) $ 1,598 $ 1,763 $ 1,715 $ 1,761 $ 1,860
−Removed: Comparable store sales change (b) 0.4 % 2.2 % (0.9) % (7.2) % (13.5) %
−Removed: Balance Sheet Data (c)
−Removed: Working capital $ 230,865 $ 206,189 $ 280,214 $ 262,678 $ 287,841
−Removed: Long-term investments $ 18,320 $ 15,863 $ 18,745 $ 21,453 $ 18,092
−Removed: Total assets $ 845,814 $ 867,890 $ 527,302 $ 538,116 $ 579,847
−Removed: Long-term debt $ — $ — $ — $ — $ —
−Removed: Stockholders' equity $ 396,629 $ 389,148 $ 393,877 $ 391,248 $ 430,539
−Removed: (a) During fiscal 2016, cash dividends were $0.25 per share in each of the four quarters.
−Removed: The Company also paid a special cash dividend of $0.75 per share in the fourth quarter of fiscal 2016.
−Removed: During fiscal 2017, cash dividends were $0.25 per share in each of the four quarters.
−Removed: The Company also paid a special cash dividend of $1.75 per share in the fourth quarter of fiscal 2017.
−Removed: During fiscal 2018, cash dividends were $0.25 per share in each of the four quarters.
−Removed: The Company also paid a special cash dividend of $1.00 per share in the fourth quarter of fiscal 2018.
−Removed: During fiscal 2019, cash dividends were $0.25 per share in each of the first three quarters and $0.30 per share in the fourth quarter.
−Removed: The Company also paid a special cash dividend of $1.25 per share in the fourth quarter of fiscal 2019.
−Removed: During fiscal 2020, the Company's Board of Directors suspended the Company's quarterly cash dividends during the first two quarters of the fiscal year as a result of the global COVID-19 pandemic.
−Removed: Upon resuming the Company's quarterly cash dividends, the Company paid cash dividends of $0.30 per share in both the third and fourth quarters.
−Removed: The Company also paid a special cash dividend of $2.00 per share in the fourth quarter of fiscal 2020.
−Removed: (b) Stores are deemed to be comparable stores if they were open in the prior year on the first day of the fiscal period presented.
−Removed: Stores which have been remodeled, expanded, and/or relocated, but would otherwise be included as comparable stores, are not excluded from the comparable store sales calculation.
−Removed: Online sales are included in comparable store sales.
−Removed: (c) At the end of the period.
−Removed: (d) Consists of 53 weeks.
+Added: ITEM 6 - RESERVED
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.