Earnings per Share (Tables)

6 Months Ended

Jul. 18, 2026

Schedule of Earnings Per Share, Basic and Diluted

The computations of basic and diluted earnings per share were as follows:


	Twelve Weeks Ended				Twenty-Eight Weeks Ended
	July 18, 2026		July 12, 2025		July 18, 2026		July 12, 2025
Numerator
Net income	$	55	$	15	$	80	$	39

Denominator
Basic weighted average common shares		60.3		59.9		60.2		59.9
Dilutive impact of share-based awards		0.7		0.6		0.7		0.4
Diluted weighted average common shares(1)		61.0		60.5		60.9		60.3

Basic earnings per share	$	0.91	$	0.25	$	1.33	$	0.65

Diluted earnings per share	$	0.90	$	0.25	$	1.31	$	0.65

(1)

For the twelve weeks ended July 18, 2026 and July 12, 2025, 0.5 million and 0.9 million, respectively, of share-based awards were excluded from the diluted calculation as their inclusion would have been anti-dilutive. For the twenty-eight weeks ended July 18, 2026 and July 12, 2025, 0.5 million and 0.9 million respectively, of share-based awards were excluded from the diluted calculation as their inclusion would have been anti-dilutive.