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Segment Reporting
9 Months Ended
Sep. 27, 2025
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company has one reportable segment which is the retail sale of products that support the rural lifestyle.  The following table indicates the percentage of net sales represented by each of our major product categories during the fiscal three and nine months ended September 27, 2025 and September 28, 2024:
Fiscal Three Months EndedFiscal Nine Months Ended
Product CategorySeptember 27, 2025September 28, 2024September 27,
2025
September 28,
2024
Livestock, Equine & Agriculture (a)
29 %28 %29 %28 %
Companion Animal (b)
25 %25 %24 %24 %
Seasonal & Recreation (c)
22 %22 %24 %24 %
Truck, Tool & Hardware (d)
16 %17 %15 %16 %
Clothing, Gift & Décor (e)
%%%%
Total100 %100 %100 %100 %

(a) Includes livestock and equine feed & equipment, poultry, fencing, and sprayer & chemicals.
(b) Includes food, treats and equipment for dogs, cats, and other small animals as well as dog wellness.
(c) Includes tractor & rider, lawn & garden, bird feeding, power equipment, and other recreational products.
(d) Includes truck accessories, trailers, generators, lubricants, batteries, and hardware and tools.
(e) Includes clothing, footwear, toys, snacks, and decorative merchandise.

The measure of segment assets is reported on the Company’s Consolidated Balance Sheets as total consolidated assets.

Within the reportable segment, there are significant expense categories regularly provided to the Chief Operating Decision Maker and included in the measure of the segment’s net income as shown below:

Fiscal Three Months EndedFiscal Nine Months Ended
 September 27, 2025September 28, 2024September 27, 2025September 28, 2024
Net Sales$3,719,044 $3,468,245 $11,625,726 $11,109,700 
Less:
Cost of merchandise sold2,329,812 2,177,797 7,341,097 7,042,773 
Personnel expense (a)
524,035 485,950 1,538,637 1,447,773 
Depreciation and amortization124,069 113,550 366,248 327,107 
Other segment expenses (b)
398,419 366,349 1,210,086 1,142,864 
Interest expense, net14,667 13,875 52,291 37,389 
Income tax expense68,774 69,254 248,687 246,960 
Segment net income$259,268 $241,470 $868,680 $864,834 
Reconciliation of segment profit:
Adjustments and reconciling items— — — — 
Consolidated net income$259,268 $241,470 $868,680 $864,834 

(a) Personnel expenses include wages, salaries, and other forms of personnel compensation.
(b) Other segment expenses include occupancy expenses, advertising expenses, and other operating expenses within Selling, General, and Administrative expenses as described in Note 1 of the Company’s 2024 Form 10-K.