Retail & Restaurants › Disclosure examples
Retail & Restaurants: Segment reporting (ASU 2023-07)
Verbatim excerpt (239 words), formatting simplified. View full filing on EDGAR →The CODM regularly reviews operating income as the measure of each operating segment’s profit or loss, as well as significant segment expenses of our Retail Home Improvement segment to evaluate operating performance, generate future operating plans and make strategic decisions regarding the allocation of capital. Corporate expenses are allocated to the individual operating segments. The CODM also uses these measures in monitoring plan versus actual results. The CODM does not review segment assets at a different asset level or category than those disclosed in the consolidated balance sheets.
The following table presents the Company’s operating income results for its Retail Home Improvement reportable segment, including significant segment expenses:
Years Ended January 30, 2026 January 31, 2025 February 2, 2024 (In millions, except percentage data) Amount % Sales Amount % Sales Amount % Sales Net Sales 84,078 100.00 83,674 100.00 86,377 100.00 Less: Cost of sales 55,615 66.15 55,797 66.68 57,533 66.61 Expenses: Employee compensation and benefits 11,147 13.26 10,830 12.94 10,801 12.50 Occupancy and facility costs 1,932 2.30 1,897 2.27 1,836 2.13 Advertising 973 1.16 921 1.10 831 0.96 Other segment items 1 2,380 2.82 2,034 2.43 2,102 2.43 Selling, general and administrative: 16,432 19.54 15,682 18.74 15,570 18.02 Depreciation and amortization 1,808 2.15 1,729 2.07 1,717 1.99 Operating income 10,223 12.16 10,466 12.51 11,557 13.38 1 Other segment items primarily include financial services costs, technology service costs, insurance costs, impairment costs, and store environment initiative and display costs.
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Templates & resources
- AICPA & CIMA – SEC reporting resources (AICPA & CIMA · Professional body · Free / member)
- BDO Accounting, Reporting & Compliance Hub (ARCH) (BDO · Firm guide · Free)
- Deloitte DART – Roadmap Series (Deloitte · Firm guide · Free)
- Deloitte Roadmap: Segment Reporting (Deloitte · Firm guide · Free)
- FASB – Accounting Standards Updates effective dates (FASB · Standard setter · Free)
- KPMG Financial Reporting View (KPMG · Firm guide · Free)
- KPMG Handbook: Segment reporting (KPMG · Firm guide · Free)
- SEC – EDGAR Full Text Search (SEC · Regulator · Free)