EARNINGS PER SHARE (Tables)

3 Months Ended

Aug. 30, 2026

Schedule of Computation of Basic and Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for the periods presented:


	Thirteen Weeks Ended
(in millions, except per share amounts)	August 30, 2026		August 24, 2025
Numerator:
Net income	$	29.1	$	64.3

Denominator:
Basic weighted average common shares outstanding	137.6		139.5
Add: Dilutive effect of employee incentive plans (a)	0.5		0.3
Diluted weighted average common shares outstanding	138.1		139.8

Earnings per share:
Basic	$	0.21	$	0.46
Diluted	$	0.21	$	0.46

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(a)Potential dilutive shares of common stock under employee incentive plans are determined by applying the treasury stock method to the assumed exercise of outstanding stock options and the assumed vesting of outstanding restricted stock units and performance awards. As of August 30, 2026 and August 24, 2025, we excluded 5.5 million and 1.7 million, respectively, of shares of stock-based awards from the computation of diluted earnings per share because they would be antidilutive.