v3.26.1
Income Taxes
3 Months Ended
Jul. 25, 2026
Income Tax Disclosure [Abstract]  
Income Taxes
Note 12: Income Taxes
Our effective tax rate was 45.8% benefit for the quarter ended July 25, 2026 compared with 25.0% expense for the quarter ended July 26, 2025. Due to the immaterial net loss position for the quarter ended July 25, 2026, the change in the effective tax rate was disproportionately impacted by one-time impacts of certain non-deductible supply chain optimization charges along with the tax benefits from the vesting of stock awards and state refunds.