“This increase for the second quarter of fiscal 2026 was primarily driven by expense leverage on higher comp sales and operational efficiencies in supply chain and stores partially offset by incremental store wages.”
“24 Interest (Income) Expense, net The components of interest (income) expense, net are summarized below: Thirteen Weeks Ended In millions May 2, 2026 May 3, 2025 Interest expense $ 20 $ 20 Capitalized interest (2) (2) Interest (income) (53) (48) Interest (income) expense, net $ (35) $ (30) Interest (income) expense, net increased for the first quarter of fiscal 2027 compared to the same period in fiscal 2026, primarily due to an increase in interest income driven by a higher average cash balance, partially offset by a decrease in prevailing rates.”