v3.23.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Nov. 26, 2022
Nov. 27, 2021
Nov. 26, 2022
Nov. 27, 2021
Feb. 26, 2022
Feb. 27, 2021
Feb. 29, 2020
Income Statement [Abstract]              
Net sales $ 1,259,112 $ 1,877,874 $ 4,159,548 $ 5,816,382 $ 7,867,778 $ 9,233,028 $ 11,158,580
Cost of sales 980,249 1,208,954 3,133,111 3,912,699 5,384,287 6,114,947 7,616,920
Gross profit 278,863 668,920 1,026,437 1,903,683 2,483,491 3,118,081 3,541,660
Selling, general and administrative expenses 583,588 697,953 1,855,973 2,009,687 2,692,292 3,224,363 3,732,498
Impairments, including on assets held for sale         36,531 127,341 509,226
Impairments 100,724 1,759 182,941 18,472      
Restructuring and transformation initiative expenses 45,484 41,219 123,816 99,400 144,025 102,202 0
Loss on sale of businesses 0 14,100 0 18,221 18,221 1,062 0
Operating loss (450,933) (86,111) (1,136,293) (242,097) (407,578) (336,887) (700,064)
Interest expense, net 33,527 15,772 68,578 47,893 64,702 76,913 64,789
(Gain) loss on extinguishment of debt (94,380) 0 (94,380) 376 376 (77,038) 0
Loss before provision for income taxes (390,080) (101,883) (1,110,491) (290,366) (472,656) (336,762) (764,853)
Provision for income taxes 2,886 174,546 6,300 110,152 86,967 (185,989) (151,037)
Net loss $ (392,966) $ (276,429) $ (1,116,791) $ (400,518) $ (559,623) $ (150,773) $ (613,816)
Net loss per share - Basic (in dollars per share) $ (4.33) $ (2.78) $ (13.4) $ (3.9) $ (5.64) $ (1.24) $ (4.94)
Net loss per share - Diluted (in dollars per share) $ (4.33) $ (2.78) $ (13.4) $ (3.9) $ (5.64) $ (1.24) $ (4.94)
Weighted average shares outstanding - Basic (in shares) 90,708 99,591 83,342 102,772 99,249 121,446 124,352
Weighted average shares outstanding - Diluted (in shares) 90,708 99,591 83,342 102,772 99,249 121,446 124,352
Dividends declared per share (in dollars per share)         $ 0 $ 0 $ 0.68