Inventory Disclosure
| Feb 26, 2022 | Feb 27, 2021 | Feb 29, 2020 | Mar 2, 2019 | Mar 3, 2018 | Feb 25, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Merchandise inventories | 1,725,410) | 1,671,909) | 2,093,869) | 2,618,922) | 2,730,874) | 2,905,660) |
Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).
Merchandise inventories exhibited a sustained downward trend over the majority of the analyzed period, decreasing from 2,905,660 thousand USD in February 2017 to a low of 1,671,909 thousand USD in February 2021. This represents a cumulative reduction of approximately 42.5% over four years before a slight reversal occurred in the final period.
- Inventory Reduction Phase (2017–2019)
- A gradual decline in inventory levels was observed during the first three years. Inventories decreased from 2,905,660 thousand USD in 2017 to 2,618,922 thousand USD in 2019, indicating a steady contraction in stocked merchandise.
- Accelerated Contraction (2020–2021)
- The pace of inventory reduction accelerated significantly between February 2020 and February 2021. The value dropped from 2,093,869 thousand USD to 1,671,909 thousand USD, marking the most substantial period of decline in the dataset.
- Recent Stabilization (2022)
- The downward trajectory ceased in February 2022, with merchandise inventories increasing slightly to 1,725,410 thousand USD. This shift represents a marginal increase from the previous year's low, suggesting a period of stabilization in inventory levels.
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