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Income Taxes
3 Months Ended
Jul. 26, 2025
Income Tax Disclosure [Abstract]  
Income Taxes
Note 12: Income Taxes

Our effective tax rate was 25.0% for the quarter ended July 26, 2025 compared with 25.5% for the quarter ended July 27, 2024. Our effective tax rate varies from the 21% federal statutory rate primarily due to state taxes.
On July 4, 2025, the "One Big Beautiful Bill Act" ("OBBBA"), was signed into law, making several provisions of the Tax Cuts and Jobs Act permanent. Under ASC 740, Income Taxes, the effects of changes in tax laws must be recognized in the period of enactment. The Company is currently evaluating the potential impact of OBBBA, but based on a preliminary assessment, the provisions of the new law are not expected to have a material impact on the Company's consolidated financial statements.