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BUSINESS SEGMENTS (Tables)

3 Months Ended

Nov. 01, 2025

Segment Reporting [Abstract]

Schedule of Business Segment Information

The following tables provide financial information for each reportable segment and Corporate and Other, along with a reconciliation to Loss before income taxes:

			13-Week Period Ended November 1, 2025
(in millions)			Natural						Conventional						Retail						Corporate and Other						Consolidated Totals
Net sales (revenues from external customers)			$	4,229					$	3,057					$	554					$	—					$	7,840
Intersegment Net sales			11						268						—						—						279
			4,240						3,325						554						—						$	8,119
Elimination of intersegment Net sales																											(279)
Net sales																											$	7,840
Less:
Cost of sales(1)			3,692						2,951						420						—
Distribution expenses(1)			331						226						—						—
Other(2)			90						78						143						21
Adjusted EBITDA			127						70						(9)						(21)						$	167
Adjustments:
Net income attributable to noncontrolling interests																											—
Net periodic benefit income, excluding service cost																											6
Interest expense, net																											(34)
Other income, net																											—
Depreciation and amortization																											(77)
Share-based compensation																											(11)
LIFO benefit																											(5)
Restructuring, acquisition, and integration related expenses																											(22)
Loss on sale of assets and other asset charges																											(14)
Business transformation costs																											(4)
Cybersecurity incident																											(4)
Other adjustments																											(11)
Loss before income taxes																											$	(9)
Other Segment Disclosures:
Depreciation and amortization			$	26					$	42					$	9					$	—					$	77
Payments for capital expenditures			$	9					$	5					$	2					$	—					$	16

(1)The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.

(2)Other segment items for each reportable segment include:

•Natural and Conventional – other operating costs such as selling, general and administrative expenses and certain allocated corporate costs

•Retail – other operating costs such as store compensation and occupancy costs, selling and administrative expenses as well as an adjustment for Net income attributable to noncontrolling interests, which is excluded from Adjusted EBITDA

			13-Week Period Ended November 2, 2024(1)
(in millions)			Natural						Conventional						Retail						Corporate and Other						Consolidated Totals
Net sales (revenues from external customers)			$	3,821					$	3,464					$	586					$	—					$	7,871
Intersegment Net sales			17						300						—						—						317
			3,838						3,764						586						—						$	8,188
Elimination of intersegment Net sales																											(317)
Net sales																											$	7,871
Less:
Cost of sales(2)			3,326						3,379						438						—
Distribution expenses(2)			308						251						—						—
Other(3)			102						89						147						14
Adjusted EBITDA			102						45						1						(14)						$	134
Adjustments:
Net income attributable to noncontrolling interests																											1
Net periodic benefit income, excluding service cost																											5
Interest expense, net																											(36)
Other income, net																											2
Depreciation and amortization																											(80)
Share-based compensation																											(7)
LIFO benefit																											(7)
Restructuring, acquisition, and integration related expenses																											(12)
Loss on sale of assets and other asset charges																											(6)
Business transformation costs																											(18)
Loss before income taxes																											$	(24)
Other Segment Disclosures:
Depreciation and amortization			$	25					$	45					$	9					$	1					$	80
Payments for capital expenditures			$	38					$	9					$	2					$	—					$	49

(1)Prior periods have been recast to conform to the Company’s new reportable operating segments effective for the fourth quarter of fiscal 2025. There was no impact to the Company’s consolidated results.

(2)The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.

(3)Other segment items for each reportable segment include:

•Natural and Conventional – other operating costs such as selling, general and administrative expenses and certain allocated corporate costs

•Retail – other operating costs such as store compensation and occupancy costs, selling and administrative expenses as well as an adjustment for Net income attributable to noncontrolling interests, which is excluded from Adjusted EBITDA

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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