Annual report pursuant to Section 13 and 15(d)

Segment Reporting (Tables)

v3.25.0.1
Segment Reporting (Tables)
 12 Months Ended
Dec. 26, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents the Company’s segment information for each of the last three fiscal years:
Fiscal Year Ended
December 26, 2024 December 28, 2023 December 29, 2022
in thousands Retail Other (1) Consolidated Retail Other (1) Consolidated Retail Other (1) Consolidated
Net sales $ 4,240,556  $ 215,214  $ 4,455,770  $ 4,218,328  $ 195,556  $ 4,413,884  $ 4,128,930  $ 135,543  $ 4,264,473 
Less:
Cost of sales 2,379,694  2,425,472  2,444,952 
Personnel expense (2) 719,360  644,356  576,036 
Property cost (3) 532,079  467,388  383,683 
Other segment items (4) 367,511  378,801  340,555 
Operating income (5) 241,912  14,264  256,176  302,311  19,117  321,428  383,704  13,056  396,760 
Interest expense, net 2,773  9,897  11,138 
Income before income taxes $ 253,403  $ 311,531  $ 385,622 
(1)Represents the Company’s non-reportable operating segment.
(2)Personnel expense is primarily comprised of store and store support center compensation including wages, incentive compensation, and benefits.
(3)Property cost is primarily comprised of rent, common area maintenance, utilities, property taxes, and insurance, as well as depreciation and amortization of leasehold improvements, buildings and improvements, furniture, fixtures, and equipment, and computer software and hardware at stores and the store support center.
(4)Other segment items expense is primarily comprised of advertising costs, credit card fees, information technology costs, and other operating expenses.
(5)Includes depreciation and amortization expense of $225.8 million, $195.7 million, and $149.9 million for the fiscal years ended December 26, 2024, December 28, 2023, and December 29, 2022, respectively, in our Retail segment.