| Operations by Lines of Business |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | June 27, | | June 28, | | June 27, | | June 28, | | | 2026 | | 2025 | | 2026 | | 2025 | Retail grocery revenue | | | | | | | | | | | | | Grocery (1) | | $ | 468,291 | | $ | 478,310 | | $ | 1,460,286 | | $ | 1,447,893 | Non-foods (2) | | | 268,491 | | | 295,100 | | | 838,844 | | | 870,717 | Perishables (3) | | | 359,742 | | | 357,752 | | | 1,072,994 | | | 1,040,186 | Fuel | | | 213,596 | | | 161,829 | | | 513,661 | | | 456,263 | Total retail grocery revenue | | $ | 1,310,120 | | $ | 1,292,991 | | $ | 3,885,785 | | $ | 3,815,059 | All other revenue | | | 58,204 | | | 53,231 | | | 163,380 | | | 150,550 | Total revenues from unaffiliated customers | | $ | 1,368,324 | | $ | 1,346,222 | | $ | 4,049,165 | | $ | 3,965,609 | | | | | | | | | | | | | | Total retail grocery revenue | | $ | 1,310,120 | | $ | 1,292,991 | | $ | 3,885,785 | | $ | 3,815,059 | Less retail grocery expenses: | | | | | | | | | | | | | Merchandise costs (4) | | | 994,047 | | | 981,124 | | | 2,943,707 | | | 2,917,519 | Salary and wages | | | 149,168 | | | 146,300 | | | 445,448 | | | 430,345 | Insurance costs | | | 15,429 | | | 14,752 | | | 42,384 | | | 41,957 | Repair and maintenance | | | 23,392 | | | 22,565 | | | 68,545 | | | 67,193 | Bank charges | | | 16,549 | | | 15,475 | | | 47,648 | | | 44,040 | Depreciation and amortization | | | 22,593 | | | 23,422 | | | 68,179 | | | 70,388 | Utilities | | | 15,002 | | | 14,505 | | | 45,993 | | | 45,610 | Other retail grocery expenses (5) | | | 42,964 | | | 42,067 | | | 128,787 | | | 126,413 | Retail grocery operating income | | $ | 30,976 | | $ | 32,782 | | $ | 95,094 | | $ | 71,595 | Other operating income (6) | | | 3,507 | | | 4,559 | | | 12,995 | | | 10,959 | Other income | | | 3,037 | | | 2,769 | | | 8,720 | | | 8,909 | Interest expense | | | 4,503 | | | 4,856 | | | 13,605 | | | 14,746 | Taxes | | | 7,118 | | | 9,056 | | | 24,909 | | | 18,824 | Net income | | $ | 25,899 | | $ | 26,199 | | $ | 78,295 | | $ | 57,893 |
(1)The “Grocery” category includes grocery, dairy, and frozen foods. (2)The “Non-foods” category includes alcoholic beverages, tobacco, pharmacy, and health/beauty/cosmetic products. (3)The “Perishables” category includes meat, produce, deli and bakery. (4)Merchandise costs include product costs, net of discounts and allowances, warehousing, distribution and freight. (5)Other retail grocery expenses include supplies, taxes and licenses, advertising, professional fees and other expenses. (6)Other operating income includes operating income from shopping center rentals, fluid dairy and the gain or loss on the disposal of fixed assets.
|