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Segment Information | 6 Months Ended
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Mar. 28, 2026
Segment Information [Abstract] |
Segment Information | K. 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. Beginning 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. The results for the three and six months ended March 29, 2025 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. See below for a reconciliation of net income (amounts in thousands):
|  | Three Months Ended |  | Six Months Ended
|  | March 28, |  | March 29, |  | March 28, |  | March 29,
|  | 2026 |  | 2025 |  | 2026 |  | 2025
Retail grocery revenue |  |  |  |  |  |  |  |  |  |  |  |
Grocery (1) |  | $ | 489,864 |  | $ | 492,048 |  | $ | 991,994 |  | $ | 969,583
Non-foods (2) |  |  | 264,891 |  |  | 286,174 |  |  | 570,353 |  |  | 575,617
Perishables (3) |  |  | 353,590 |  |  | 348,132 |  |  | 713,253 |  |  | 682,434
Fuel |  |  | 147,930 |  |  | 150,649 |  |  | 300,065 |  |  | 294,434
Total retail grocery revenue |  | $ | 1,256,275 |  | $ | 1,277,003 |  | $ | 2,575,665 |  | $ | 2,522,068
All other revenue |  |  | 51,588 |  |  | 54,270 |  |  | 105,176 |  |  | 97,320
Total revenues from unaffiliated customers |  | $ | 1,307,863 |  | $ | 1,331,273 |  | $ | 2,680,841 |  | $ | 2,619,388
Total retail grocery revenue |  | $ | 1,256,275 |  | $ | 1,277,003 |  | $ | 2,575,665 |  | $ | 2,522,068
Less retail grocery expenses: |  |  |  |  |  |  |  |  |  |  |  |
Merchandise costs (4) |  |  | 947,027 |  |  | 983,287 |  |  | 1,949,660 |  |  | 1,936,395
Salary and wages |  |  | 146,515 |  |  | 148,066 |  |  | 296,280 |  |  | 284,045
Insurance costs |  |  | 11,036 |  |  | 13,609 |  |  | 26,955 |  |  | 27,205
Repair and maintenance |  |  | 23,332 |  |  | 22,693 |  |  | 45,152 |  |  | 44,628
Bank charges |  |  | 15,075 |  |  | 14,646 |  |  | 31,099 |  |  | 28,564
Depreciation and amortization |  |  | 22,656 |  |  | 23,340 |  |  | 45,586 |  |  | 46,965
Utilities |  |  | 16,345 |  |  | 16,298 |  |  | 30,991 |  |  | 31,105
Other retail grocery expenses (5) |  |  | 45,006 |  |  | 39,789 |  |  | 85,824 |  |  | 84,348
Retail grocery operating income |  | $ | 29,283 |  | $ | 15,275 |  | $ | 64,118 |  | $ | 38,813
Other operating income (6) |  |  | 5,188 |  |  | 6,366 |  |  | 9,488 |  |  | 6,399
Other income |  |  | 2,765 |  |  | 2,842 |  |  | 5,683 |  |  | 6,140
Interest expense |  |  | 4,495 |  |  | 4,879 |  |  | 9,102 |  |  | 9,890
Taxes |  |  | 8,474 |  |  | 4,498 |  |  | 17,791 |  |  | 9,768
Net income |  | $ | 24,267 |  | $ | 15,106 |  | $ | 52,396 |  | $ | 31,694
(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 “Perishables” 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 include supplies, taxes and licenses, advertising, professional fees and other expenses. (6)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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