v3.26.3
Segment Information (Tables)
 9 Months Ended
Sep. 26, 2026
Segment Reporting [Abstract]  
Schedule of Financial Information by Reporting Segments
Financial information by reportable segment is as follows:
Thirteen Weeks EndedThirty-Nine Weeks Ended
September 26, 2026September 27, 2025September 26, 2026September 27, 2025
Net sales
North America$5,820,665 $4,425,888 $16,099,196 $13,842,663 
EMEA3,930,643 3,662,309 11,583,216 10,566,461 
Asia-Pacific4,342,305 3,549,666 12,869,035 10,646,686 
Latin America1,126,848 965,892 3,163,064 2,622,744 
Total$15,220,461 $12,603,755 $43,714,511 $37,678,554 
Thirteen Weeks EndedThirty-Nine Weeks Ended
September 26, 2026September 27, 2025September 26, 2026September 27, 2025
Significant segment expenses
Cost of sales
North America$5,416,703 $4,073,703 $14,960,701 $12,791,431 
EMEA3,640,662 3,390,603 10,721,096 9,774,349 
Asia-Pacific4,148,908 3,395,154 12,309,014 10,203,763 
Latin America1,017,262 874,648 2,842,079 2,371,443 
Total$14,223,535 $11,734,108 $40,832,890 $35,140,986 
Compensation
North America$194,381 $192,809 $588,783 $615,064 
EMEA139,463 133,704 433,604 399,169 
Asia-Pacific57,079 54,156 168,474 157,872 
Latin America40,413 34,674 118,257 99,117 
Total$431,336 $415,343 $1,309,118 $1,271,222 
Depreciation costs
North America$23,167 $22,130 $67,307 $64,466 
EMEA3,111 3,718 9,435 11,062 
Asia-Pacific1,285 1,381 3,967 4,370 
Latin America1,308 1,069 3,784 3,084 
Total$28,871 $28,298 $84,493 $82,982 
Intangible asset amortization
North America$10,030 $8,227 $30,107 $29,270 
EMEA6,298 6,382 19,197 18,478 
Asia-Pacific4,290 4,305 12,894 12,889 
Latin America883 820 2,646 2,394 
Total$21,501 $19,734 $64,844 $63,031 
Other departmental operating expenses (a)
North America$69,211 $61,259 $210,221 $163,051 
EMEA51,819 43,466 141,646 124,952 
Asia-Pacific20,942 7,870 60,045 53,406 
Latin America16,436 14,920 49,230 40,609 
Total$158,408 $127,515 $461,142 $382,018 
Integration and transition costs (b)
North America$28 $6,592 $107 $41,767 
EMEA152 87 596 443 
Asia-Pacific(887)125 208 250 
Latin America(129)(1,897)145 (1,885)
Total$(836)$4,907 $1,056 $40,575 
Other segment items (c)
North America$(6,964)$(17,979)$(28,172)$(58,757)
EMEA21,352 22,398 73,004 63,090 
Asia-Pacific23,853 19,129 68,313 56,622 
Latin America11,833 10,675 33,516 28,910 
Total$50,074 $34,223 $146,661 $89,865 
Total segment expenses$14,912,889 $12,364,128 $42,900,204 $37,070,679 
Thirteen Weeks EndedThirty-Nine Weeks Ended
September 26, 2026September 27, 2025September 26, 2026September 27, 2025
Income from operations
North America$114,109 $79,147 $270,142 $196,371 
EMEA67,786 61,951 184,638 174,918 
Asia-Pacific86,835 67,546 246,120 157,514 
Latin America38,842 30,983 113,407 79,072 
Segment profit$307,572 $239,627 $814,307 $607,875 
Reconciliation of segment profit to income before income taxes
Corporate$(1,993)$(6,171)$(22,834)$(11,682)
Cash-based compensation(1,830)(3,925)(4,628)(13,893)
Stock-based compensation(9,981)(6,018)(34,192)(15,107)
Other (income) expense
Interest income$(10,353)$(12,910)$(35,495)$(36,793)
Interest expense79,084 81,720 225,873 229,493 
Net foreign currency exchange loss (gain)14,616 (10,207)26,030 34,121 
Other23,428 14,381 51,100 29,555 
Income before income taxes$186,993 $150,529 $485,145 $310,817 
(a) Other Departmental Operating Expenses consist primarily of professional and outside service costs, lease rental and occupancy costs, repair and maintenance costs as well as other miscellaneous operating expenses.
(b) Costs are primarily related to (i) legal settlements, (ii) charges associated with business exit and liquidation-related items, (iii) acquisition-related items and (iv) consulting, retention and transition costs associated with our reorganization programs charged to SG&A expenses.
(c) Other segment items consist primarily of management fees and direct management costs which represent costs that are incurred by the North American segment and allocated to the other segments, as well as bad debt/credit/flooring costs, restructuring costs and credit card fees.