v3.26.1
Segment Reporting
 8 Months Ended
May 10, 2026
Segment Reporting [Abstract]  
Segment Reporting
Note 9—Segment Reporting
The Company is principally engaged in the operation of membership warehouses through wholly owned subsidiaries in the U.S., Canada, Mexico, Japan, the U.K., Korea, Australia, Taiwan, China, Spain, France, Sweden, Iceland and New Zealand. Reportable segments are largely based on management’s organization of the operating segments for operational decisions and assessments of financial performance, which considers geographic locations. The material accounting policies of the segments are as described in the notes to the consolidated financial statements included in the Company's Annual Report filed on Form 10-K for the fiscal year ended August 31, 2025, and Note 1 above. Inter-segment net sales and expenses, including royalties, have been eliminated in computing total revenue and operating income.
The chief operating decision maker (CODM) is the Company's President and Chief Executive Officer. The CODM uses the metrics outlined in the table below, along with internal management reports, to evaluate performance, monitor actual results versus budget and prior year results, and make strategic and operational resource allocation decisions.
The following table provides the revenue, significant expenses, and operating income for the Company's reportable segments:
12 Weeks Ended36 Weeks Ended
May 10,
2026		May 11,
2025		May 10,
2026		May 11,
2025
United States
Total revenue$51,434 $46,318 $149,934 $137,819 
Merchandise costs44,857 40,239 130,499 119,922 
Selling, general and administrative expenses4,704 4,366 14,311 13,171 
Operating income$1,873 $1,713 $5,124 $4,726 
Canada
Total revenue$9,410 $8,321 $27,774 $25,021 
Merchandise costs8,171 7,234 24,156 21,828 
Selling, general and administrative expenses733 637 2,202 1,978 
Operating income$506 $450 $1,416 $1,215 
Other International
Total revenue$9,683 $8,566 $29,723 $26,239 
Merchandise costs8,491 7,523 26,093 23,099 
Selling, general and administrative expenses756 676 2,286 2,039 
Operating income$436 $367 $1,344 $1,101 
Total
Total revenue$70,527 $63,205 $207,431 $189,079 
Merchandise costs61,519 54,996 180,748 164,849 
Selling, general and administrative expenses6,193 5,679 18,799 17,188 
Operating income2,815 2,530 7,884 7,042 
Other income(1)
123 50 358 266 
Income before income taxes$2,938 $2,580 $8,242 $7,308 
_______________
(1)Other income consists of interest expense and interest income and other, net.
The following table provides depreciation and amortization and additions to property and equipment for the Company's reportable segments:
12 Weeks Ended36 Weeks Ended
May 10,
2026		May 11,
2025		May 10,
2026		May 11,
2025
United States
Depreciation and amortization$460 $432 $1,388 $1,295 
Additions to property and equipment1,143 846 3,335 2,698 
Canada
Depreciation and amortization$52 $44 $148 $132 
Additions to property and equipment113 99 455 352 
Other International
Depreciation and amortization$85 $76 $255 $225 
Additions to property and equipment157 186 438 482 
Total
Depreciation and amortization$597 $552 $1,791 $1,652 
Additions to property and equipment1,413 1,131 4,228 3,532 
The following table provides property and equipment, net and total assets for the Company's reportable segments:
May 10,
2026		August 31,
2025
United States
Property and equipment, net$24,644 $22,790 
Total assets62,980 54,862 
Canada
Property and equipment, net$3,258 $2,930 
Total assets7,925 7,304 
Other International
Property and equipment, net$6,391 $6,189 
Total assets15,525 14,933 
Total
Property and equipment, net$34,293 $31,909 
Total assets86,430 77,099 
Disaggregated Revenue
The following table summarizes net sales by merchandise category; sales from e-commerce sites and business centers have been allocated to the applicable merchandise categories:
12 Weeks Ended36 Weeks Ended
May 10,
2026		May 11,
2025		May 10,
2026		May 11,
2025
Foods and Sundries$26,533 $25,149 $80,625 $75,323 
Non-Foods17,529 16,080 54,122 49,777 
Fresh Foods9,673 8,785 28,576 25,839 
Warehouse Ancillary and Other Businesses15,419 11,951 40,051 34,541 
Total net sales
$69,154 $61,965 $203,374 $185,480