Income Taxes |
9 Months Ended |
|---|---|
Oct. 10, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | 20. INCOME TAXES The company’s effective tax rate for the twelve weeks ended October 10, 2026 was 22.9% compared to 24.2% for the twelve weeks ended October 4, 2025. The decrease in the rate was primarily due to year-over-year differences in federal and state income taxes recorded discretely. During the twelve weeks ended October 10, 2026 and October 4, 2025, the primary differences in the effective rate and the statutory rate were state income taxes. The company’s effective tax rate for the forty weeks ended October 10, 2026 was 27.0% compared to 25.2% for the forty weeks ended October 4, 2025. The increase in the rate was primarily due to larger discrete tax expense in the current year when compared to the prior year. For the current period presented, the discrete items in the effective rate relate to shortfalls on the vesting of stock-based compensation awards, federal income tax credits, and state income taxes. For the prior period presented, the discrete items in the effective rate relate to state income taxes and shortfalls on the vesting of stock-based compensation awards. During the forty weeks ended October 10, 2026 and October 4, 2025, the primary differences in the effective rate and the statutory rate were state income taxes and shortfalls related to the vesting of stock-based compensation awards. |