v3.26.3
Segments
 9 Months Ended
Sep. 27, 2026
Segment Reporting [Abstract]  
Segments Segments
The Company has one operating segment and, therefore, one reportable segment: healthy grocery stores. The Company derives all its revenues from the sale of products at its various store locations across the United States. The accounting policies of the segment are the same as described in the summary of significant accounting policies. The Company’s chief operating decision maker (“CODM”) is the chief executive officer. The CODM assesses performance and allocates resources based on consolidated net income. The measure of segment assets is reported on the balance sheet as total consolidated assets.
The following table represents the significant expense and key metrics reviewed by the CODM:
Thirteen weeks endedThirty-nine weeks ended
September 27, 2026September 28, 2025September 27, 2026September 28, 2025
Net Sales$2,304,720 $2,200,430 $6,959,703 $6,657,468 
Less:
Cost of sales1,423,926 1,349,379 4,260,985 4,057,454 
Direct store expenses605,239 566,129 1,772,390 1,652,952 
Other segment items (1)
122,770 127,524 384,062 383,976 
Interest expense/(income), net1,419 (690)1,358 (2,045)
Income tax provision37,945 37,972 134,568 131,286 
Net income$113,421 $120,116 $406,340 $433,845 
(1) Other segment items include non-store selling, general, and administrative expenses, depreciation and amortization, store closure costs, and other overhead expenses.
The Company categorizes the varieties of products it sells as perishable and non-perishable. Perishable product categories include produce, meat and meat alternatives, seafood, deli, bakery, floral and dairy and dairy alternatives. Non-perishable product categories include grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.
In accordance with ASC 606, the following table represents a disaggregation of revenue for the thirteen and thirty-nine weeks ended September 27, 2026 and September 28, 2025:
Thirteen weeks ended
September 27, 2026September 28, 2025
Perishables$1,319,513 57.3%$1,265,962 57.5 %
Non-Perishables985,207 42.7%934,468 42.5 %
Net Sales$2,304,720 100.0%$2,200,430 100.0 %
Thirty-nine weeks ended
September 27, 2026September 28, 2025
Perishables$3,965,679 57.0%$3,806,839 57.2%
Non-Perishables2,994,024 43.0%2,850,629 42.8%
Net Sales$6,959,703 100.0%$6,657,468 100.0%