| Schedule of Single Reportable Segment |
The following table presents selected financial information regarding the Company's single reportable segment for fiscal years 2026, 2025, and 2024:
| | | | | | | | | | | | | | | | | | | For the Fiscal Years Ended | | August 29,
2026 | | August 30,
2025 | | August 31,
2024 | | Net sales | $ | 4,009,703 | | $ | 3,769,521 | | $ | 3,820,951 | | Cost of goods sold | 2,370,450 | | 2,233,386 | | 2,248,168 | | Payroll and payroll-related costs | 693,799 | | 697,672 | | 655,311 | | Freight expense | 147,206 | | 150,501 | | 148,523 | | Depreciation and amortization | 99,529 | | 88,388 | | 80,522 | | Restructuring and other costs | 8,679 | | 10,999 | | 14,526 | | Asset impairment and related charges | 43,664 | | — | | — | Other segment items (1) | 325,810 | | 287,012 | | 283,514 | | Income from operations | 320,566 | | 301,563 | | 390,387 | | Operating Margin | 8.0% | | 8.0% | | 10.2% | | Other Income (Expense) | | | | | | | Interest expense | (21,715) | | | (24,063) | | | (25,770) | | | Interest income | 936 | | 1,130 | | 412 | Other expense, net (2) | (7,742) | | | (15,052) | | | (22,280) | | | Income before provision for income taxes | 292,045 | | 263,578 | | 342,749 | | Provision for income taxes | 72,135 | | 65,742 | | 86,792 | | Net income | $ | 219,910 | | $ | 197,836 | | $ | 255,957 |
(1) Other Segment Items consists primarily of professional fees, software and hardware costs, auto expenses, advertising expenses, stock-based compensation and other selling, general, and administrative expenses. (2) Other expense, net is primarily composed of fees related to the Company's securitization agreement. Fiscal year 2026 also includes recognition of $5.1 million of ERC claims.
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