TJ Maxx 2015 Annual Report Download - page 95

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Note P. Selected Quarterly Financial Data (Unaudited)
Presented below is selected quarterly consolidated financial data for fiscal 2016 and fiscal 2015 which was
prepared on the same basis as the audited consolidated financial statements and includes all adjustments necessary
to present fairly, in all material respects, the information set forth therein on a consistent basis.
In thousands except per share amounts
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Fiscal Year Ended January 30, 2016
Net sales $6,865,637 $7,363,731 $7,753,495 $8,962,075
Gross earnings(1) 1,945,396 2,144,540 2,246,596 2,573,883
Net income 474,601 549,335 587,256 666,466
Basic earnings per share 0.70 0.81 0.88 1.00
Diluted earnings per share 0.69 0.80 0.86 0.99
Fiscal Year Ended January 31, 2015
Net sales $6,491,176 $6,917,212 $7,366,066 $8,303,953
Gross earnings(1) 1,813,176 1,981,356 2,162,437 2,344,916
Net income 454,317 517,624 594,957 648,230
Basic earnings per share 0.65 0.75 0.86 0.95
Diluted earnings per share 0.64 0.73 0.85 0.93
(1) Gross earnings equal net sales less cost of sales, including buying and occupancy costs.
F-34