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ASSET IMPAIRMENT CHARGES
9 Months Ended
May 02, 2026
Property, Plant, and Equipment [Abstract]  
ASSET IMPAIRMENT CHARGES
NOTE 5—ASSET IMPAIRMENT CHARGES

In the first quarter of fiscal 2026, the Company recorded a $10 million non-cash asset impairment charge related to the decision to close certain retail store locations, all of which related to operating lease assets. In the second quarter of fiscal 2026, the Company recorded $5 million of non-cash asset impairment charges related to decisions to discontinue operations at certain leased distribution centers, warehouses or offsite storage facilities as the Company continues to optimize its distribution center network. In the third quarter of fiscal 2026, the Company recorded a $14 million non-cash asset impairment charge related to the decision to close a leased retail store location. These charges are recorded within Loss on sale of assets and other asset charges in the Condensed Consolidated Statements of Operations.

In the third quarter of fiscal 2025, the Company recorded a $24 million non-cash asset impairment charge related to the decision to discontinue operations at the Allentown, Pennsylvania distribution center. This charge is recorded within Loss on sale of assets and other asset charges in the Condensed Consolidated Statements of Operations.