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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Income Statement [Abstract]    
Net sales $ 3,466,952 $ 3,394,834
Cost of merchandise sold 2,211,530 2,173,980
Gross profit 1,255,422 1,220,854
Selling, general and administrative expenses 886,206 853,436
Depreciation and amortization 120,079 104,293
Operating income 249,137 263,125
Interest expense, net 19,641 11,902
Income before income taxes 229,496 251,223
Income tax expense 50,127 53,056
Net income $ 179,369 $ 198,167
Net income per share – basic (a) [1] $ 0.34 $ 0.37
Net income per share – diluted (a) [1] $ 0.34 $ 0.37
Weighted average shares outstanding: (a)    
Basic [1] 531,730 539,730
Diluted [1] 534,099 542,638
Dividends declared per common share outstanding (a) [1] $ 0.23 $ 0.22
[1] All share and per share information has been adjusted to reflect the five-for-one Stock Split effective December 20, 2024.