v3.26.3
Acquisition
3 Months Ended
Aug. 29, 2026
Acquisition [Abstract]  
Acquisition
Note 2 -
Acquisition
Acquisition
of Eggland’s
Best
®
Franchise
Territory
Effective
July 10, 2026
, the
Company
acquired
the
Eggland’s
Best®
franchise
territory in
the
Northeast
for
$
25
million. The
acquisition
gives the
Company
the
exclusive
right to
distribute
and
sell
Egg-Land’s
Best®
and
Land
O’ Lakes®
branded
eggs
in Maine,
Massachusetts,
New Hampshire,
Rhode
Island,
and
select key
areas
in Vermont,
New York,
and
Connecticut
.
The
Company
accounted
for the
acquisition
as an
asset
acquisition,
as the
fair value
of the
asset
being acquired
was recorded
as an
indefinite life
franchise
rights intangible asset.