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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Income Statement [Abstract]        
Net sales $ 4,439,729 $ 4,246,622 $ 7,906,682 $ 7,641,456
Cost of merchandise sold 2,799,755 2,690,996 5,011,285 4,864,976
Gross profit 1,639,974 1,555,626 2,895,397 2,776,480
Selling, general and administrative expenses 940,063 884,903 1,826,269 1,738,338
Depreciation and amortization     242,179 213,558
Operating income 577,812 561,458 826,949 824,584
Interest expense, net 17,983 11,612 37,624 23,514
Income before income taxes 559,829 549,846 789,325 801,070
Income tax expense 129,786 124,650 179,913 177,707
Net income $ 430,043 $ 425,196 $ 609,412 $ 623,363
Net income per share – basic (a) [1] $ 0.81 $ 0.79 $ 1.15 $ 1.16
Net income per share – diluted (a) [1] $ 0.81 $ 0.79 $ 1.14 $ 1.15
Weighted average shares outstanding: (a)        
Basic [1] 530,331 538,649 531,030 539,189
Diluted [1] 532,205 541,175 533,152 541,907
Dividends declared per common share outstanding (a) $ 0.23 [1] $ 0.22 [1] $ 0.46 $ 0.44
[1] All share and per share information has been adjusted to reflect the five-for-one Stock Split effective December 20, 2024.