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Segment Information | 12 Months Ended
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Sep. 27, 2025
Segment Information [Abstract] |
Segment Information | 11. Segment Information The reportable segments were determined based on information reviewed by the Company’s CODM for operational decision-making purposes, and the segment information is prepared on the same basis that the CODM reviews such financial information. The Company operates one primary business segment, retail grocery sales (representing the aggregation of individual retail stores) and includes four categories of product sales: grocery, non-foods, perishables and fuel. The “All Other” segment includes the results of non-reportable segments, fluid dairy and shopping center rentals, which do not meet both quantitative and qualitative criteria as defined under ASC 280, Segment Reporting. In fiscal year 2025, expense allocation methodology changed to include direct and indirect costs associated with the shopping center rentals that were previously included in the retail segment. Fiscal years 2024 and 2023 were recast to be comparable. The CODM utilizes operating income to assess the Company’s operating performance and to make decisions about allocating resources to each segment. The CODM does not review assets in evaluating results. Therefore, such information is not provided. The Company’s President and Chief Executive Officer is the CODM. The accounting policies are the same as those described in the summary of significant accounting policies. The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. For fiscal year ended September 28, 2024, income from operations for the primary business segment, retail grocery sales, included the charges for impairment losses from Hurricane Helene of $34.9 million. A reconciliation of net income (amounts in thousands):
|  | 2025 |  | 2024 |  | 2023
Retail grocery revenue |  |  |  |  |  |  |  |  |
Grocery (1) |  | $ | 1,934,445 |  | $ | 1,983,198 |  | $ | 2,062,416
Non-foods (2) |  |  | 1,167,586 |  |  | 1,273,324 |  |  | 1,326,907
Perishables (3) |  |  | 1,404,687 |  |  | 1,441,039 |  |  | 1,482,089
Fuel |  |  | 620,924 |  |  | 724,230 |  |  | 792,524
Total retail grocery revenue |  |  | 5,127,642 |  |  | 5,421,791 |  |  | 5,663,936
All other revenue |  |  | 206,391 |  |  | 217,818 |  |  | 228,846
Total revenues from unaffiliated customers |  | $ | 5,334,033 |  | $ | 5,639,609 |  | $ | 5,892,782
Total retail grocery revenue |  | $ | 5,127,642 |  | $ | 5,421,791 |  | $ | 5,663,936
Less retail grocery expenses: |  |  |  |  |  |  |  |  |
Merchandise costs (4) |  |  | 3,913,286 |  |  | 4,151,150 |  |  | 4,325,262
Salary and wages |  |  | 578,132 |  |  | 590,921 |  |  | 577,319
Insurance costs |  |  | 56,515 |  |  | 54,875 |  |  | 39,311
Repair and maintenance |  |  | 91,761 |  |  | 81,136 |  |  | 78,416
Bank charges |  |  | 60,019 |  |  | 62,164 |  |  | 61,712
Depreciation and amortization |  |  | 94,242 |  |  | 93,384 |  |  | 90,391
Utilities |  |  | 61,466 |  |  | 63,819 |  |  | 61,344
Other retail grocery expenses (5) |  |  | 171,685 |  |  | 158,400 |  |  | 158,961
Impairment loss (6) |  |  | — |  |  | 34,957 |  |  | —
Retail grocery operating income |  | $ | 100,536 |  | $ | 130,986 |  | $ | 271,220
Other operating income (7) |  |  | 17,044 |  |  | 16,159 |  |  | 21,084
Other income |  |  | 12,068 |  |  | 14,217 |  |  | 8,269
Interest |  |  | 19,710 |  |  | 21,860 |  |  | 22,068
Taxes |  |  | 26,345 |  |  | 33,960 |  |  | 67,693
Net income |  | $ | 83,593 |  | $ | 105,541 |  | $ | 210,812
(1)The “Grocery” category includes grocery, dairy, and frozen foods. (2)The “Non-foods” category includes alcoholic beverages, tobacco, pharmacy, and health/beauty/cosmetic products. (3)The “Perishable” category includes meat, produce, deli and bakery. (4)Merchandise costs include product costs, net of discounts and allowances, warehousing, distribution and freight. (5)Other retail grocery expenses includes supplies, taxes and licenses, advertising, professional fees and other expenses. (6)Impairment loss includes inventory impairment of $30.4 million and asset impairment of $4.5 million, in each case recognized as a result of damage sustained during Hurricane Helene. (7)Other operating income includes operating income from shopping center rentals, fluid dairy and the gain or loss on the disposal of fixed assets.

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- Definition The entire disclosure for reporting segments including data and tables. 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