Income Taxes |
6 Months Ended |
|---|---|
Feb. 28, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Income Taxes The Company’s effective tax rate was 24.5% for both twenty-six-week periods ended February 28, 2026 and March 1, 2025. The effective tax rate is higher than the federal statutory tax rate primarily due to state taxes. In July 2025, the One Big Beautiful Bill Act (“OBBBA”) was passed in the United States. This act introduces significant changes to United States federal tax law, including making certain provisions of the Tax Cuts and Jobs Act of 2017 permanent and introducing new measures impacting corporate taxation. The OBBBA contains a number of tax provisions including, but not limited to, immediate expensing of domestic research and experimental expenditures and bonus depreciation modifications. These tax provisions apply to our fiscal year 2025 and future periods. The Company is in the process of analyzing its tax elections under the OBBBA however we do not expect these elections to have a material impact on the fiscal year 2026 effective tax rate. During the twenty-six-week period ended February 28, 2026, there were no material changes in unrecognized tax benefits.
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