v3.26.1
Income Taxes
9 Months Ended
May 30, 2026
Income Tax Disclosure [Abstract]  
Income Taxes
The tax expense and the effective tax rate resulting from operations were as follows:
Thirty-Nine Weeks Ended
(In thousands)May 30, 2026May 31, 2025
(Loss) income before income taxes$(239,140)$151,395 
(Benefit) provision for income taxes$(52,739)$35,424 
Effective tax rate22.1 %23.4 %
The effective tax rate for the thirty-nine weeks ended May 30, 2026 was 1.3% lower than the effective tax rate for the thirty-nine weeks ended May 31, 2025, which was primarily driven by a tax benefit related to the wind-down of operations at the Company’s legacy Canadian subsidiary and the tax effect related to the non-deductible goodwill impairment.