v3.26.3
Omnibus Incentive Plan (Tables)
12 Months Ended
Aug. 29, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of stock options activity
The following table summarizes stock option activity, inclusive of the CEO Stock Option Inducement Award, for the fifty-two weeks ended August 29, 2026:

(In thousands, except share and per share data)Shares underlying optionsWeighted average
exercise price
Weighted average remaining life
(years)
Aggregate intrinsic
value
Outstanding as of August 30, 20251,476,243 $25.44 4.61$10,147 
Granted2,059,311 20.93 
Exercised(88,000)12.00 
Forfeited(46,215)29.92 
Outstanding as of August 29, 20263,401,339 $23.00 5.98$— 
Vested and expected to vest as of August 29, 20263,401,339 $23.00 5.98$— 
Exercisable as of August 29, 20261,307,993 $25.89 3.60$— 
Schedule of stock option exercise price ranges
The following table summarizes information about stock options outstanding at August 29, 2026:

Range of Exercise PricesNumber outstandingWeighted average
exercise price
Weighted average remaining life (years)Number exercisableWeighted average
exercise price
$12.00 -17.77353,163$12.67 1.01353,163 $12.67 
$17.78 -23.552,330,67220.84 6.96271,361 20.17 
$23.56 -29.33137,06924.41 3.16137,069 24.41 
$29.34 -35.1111,75533.02 0.0511,755 33.02 
$35.12 -40.88568,68037.68 5.86534,645 37.76 
3,401,339$23.00 5.981,307,993 $25.89 
Schedule of stock options valuation assumptions
The fair value of each option grant is estimated on the date of grant using the Black-Scholes Option Pricing Model based on the following assumptions:

52-Weeks Ended52-Weeks Ended53-Weeks Ended
August 29, 2026August 30, 2025August 31, 2024
Expected volatility32.22%37.58%37.00%
Expected dividend yield—%—%—%
Expected option term56.56
Risk-free rate of return3.82%4.00%4.39%
Schedule of restricted stock units activity
The following table summarizes restricted stock unit activity for the fifty-two weeks ended August 29, 2026:

UnitsWeighted average
grant-date fair value
Non-vested as of August 30, 2025639,015 $36.14 
Granted1,284,008 15.09 
Vested(362,289)33.15 
Forfeited(169,806)28.76 
Non-vested as of August 29, 20261,390,928 $18.39 
Schedule of non-vested performance-based units activity
The following table summarizes performance stock unit activity for the fifty-two weeks ended August 29, 2026:

UnitsWeighted average
grant-date fair value
Non-vested as of August 30, 2025278,193 $52.66 
Granted290,348 23.92 
Vested(56,651)62.55 
Forfeited(212,226)35.87 
Non-vested as of August 29, 2026299,664 $34.84 
Schedule of stock appreciation rights activity
The following table summarizes SARs activity for the fifty-two weeks ended August 29, 2026:

Shares Underlying SARsWeighted average
exercise price
Outstanding as of August 30, 2025150,000 $37.67 
Granted— — 
Exercised— — 
Forfeited— — 
Outstanding as of August 29, 2026150,000 $37.67 
Vested as of August 29, 2026150,000 $37.67 
Exercisable as of August 29, 2026150,000 $37.67 
Fair Value Measurement Inputs and Valuation Techniques
52-Weeks Ended52-Weeks Ended53-Weeks Ended
August 29, 2026August 30, 2025August 31, 2024
Expected volatility29.96%31.38%33.96%
Expected dividend yield—%—%—%
Expected performance term2.932.932.93
Risk-free rate of return3.54%4.14%4.62%
Fair value$22.22$54.41$57.43