v3.26.1
Segments
 6 Months Ended
Jun. 28, 2026
Segment Reporting [Abstract]  
Segments Segments
The Company has one operating segment and, therefore, one reportable segment: healthy grocery stores. The Company derives all its revenues from the sale of products at its various store locations across the United States. The accounting policies of the segment are the same as described in the summary of significant accounting policies. The Company’s chief operating decision maker (“CODM”) is the chief executive officer. The CODM assesses performance and allocates resources based on consolidated net income. The measure of segment assets is reported on the balance sheet as total consolidated assets.
The following table represents the significant expense and key metrics reviewed by the CODM:
Thirteen weeks endedTwenty-six weeks ended
June 28, 2026June 29, 2025June 28, 2026June 29, 2025
Net Sales$2,325,804 $2,220,602 $4,654,983 $4,457,038 
Less:
Cost of sales1,425,156 1,358,002 2,837,059 2,708,075 
Direct store expenses596,556 552,027 1,167,151 1,086,824 
Other segment items (1)
129,918 131,217 261,292 256,451 
Interest expense/(income), net68 (431)(61)(1,355)
Income tax provision44,911 46,084 96,623 93,314 
Net income$129,195 $133,703 $292,919 $313,729 
(1) Other segment items include non-store selling, general, and administrative expenses, depreciation and amortization, store closure costs, and other overhead expenses.
The Company categorizes the varieties of products it sells as perishable and non-perishable. Perishable product categories include produce, meat and meat alternatives, seafood, deli, bakery, floral and dairy and dairy alternatives. Non-perishable product categories include grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.
In accordance with ASC 606, the following table represents a disaggregation of revenue for the thirteen and twenty-six weeks ended June 28, 2026 and June 29, 2025:
Thirteen weeks ended
June 28, 2026June 29, 2025
Perishables$1,329,582 57.2%$1,271,145 57.2 %
Non-Perishables996,222 42.8%949,457 42.8 %
Net Sales$2,325,804 100.0%$2,220,602 100.0 %
Twenty-six weeks ended
June 28, 2026June 29, 2025
Perishables$2,646,166 56.8%$2,540,877 57.0%
Non-Perishables2,008,817 43.2%1,916,161 43.0%
Net Sales$4,654,983 100.0%$4,457,038 100.0%