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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Income Statement [Abstract]        
Net sales $ 3,719,044 $ 3,468,245 $ 11,625,726 $ 11,109,700
Cost of merchandise sold 2,329,812 2,177,797 7,341,097 7,042,773
Gross profit 1,389,232 1,290,448 4,284,629 4,066,927
Selling, general and administrative expenses 922,454 852,299 2,748,723 2,590,637
Depreciation and amortization 124,069 113,550 366,248 327,107
Operating income 342,709 324,599 1,169,658 1,149,183
Interest expense, net 14,667 13,875 52,291 37,389
Income before income taxes 328,042 310,724 1,117,367 1,111,794
Income tax expense 68,774 69,254 248,687 246,960
Net income $ 259,268 $ 241,470 $ 868,680 $ 864,834
Net income per share – basic (a) [1] $ 0.49 $ 0.45 $ 1.64 $ 1.61
Net income per share – diluted (a) [1] $ 0.49 $ 0.45 $ 1.63 $ 1.60
Weighted average shares outstanding: (a)        
Basic [1] 529,742 535,836 530,601 538,070
Diluted [1] 532,143 538,390 532,816 540,733
Dividends declared per common share outstanding (a) $ 0.23 [1] $ 0.22 [1] $ 0.69 $ 0.66
[1] All share and per share information has been adjusted to reflect the five-for-one Stock Split effective December 20, 2024.