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Income Taxes
3 Months Ended
Jul. 27, 2024
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
Our effective tax rate was 25.5% for the quarter ended July 27, 2024, compared with 26.5% for the quarter ended July 29, 2023. The reduced effective tax rate in the first quarter of fiscal 2025 was partially the result of tax benefits from the vesting of stock-based compensation. Our effective tax rate varies from the 21% federal statutory rate primarily due to state taxes.