v3.25.4
Segment Reporting
 6 Months Ended
Feb. 15, 2026
Segment Reporting [Abstract]  
Segment Reporting
Note 9—Segment Reporting
The Company is principally engaged in the operation of membership warehouses through wholly owned subsidiaries in the U.S., Canada, Mexico, Japan, the U.K., Korea, Australia, Taiwan, China, Spain, France, Sweden, Iceland and New Zealand. Reportable segments are largely based on management’s organization of the operating segments for operational decisions and assessments of financial performance, which considers geographic locations. The material accounting policies of the segments are as described in the notes to the consolidated financial statements included in the Company's Annual Report filed on Form 10-K for the fiscal year ended August 31, 2025, and Note 1 above. Inter-segment net sales and expenses, including royalties, have been eliminated in computing total revenue and operating income.
The chief operating decision maker (CODM) is the Company's President and Chief Executive Officer. The CODM utilizes operating income, as reported in the condensed consolidated statement of income, along with internal management reports, in evaluating performance and allocating resources.
The following table provides the revenue, significant expenses, and operating income for the Company's reportable segments:
12 Weeks Ended24 Weeks Ended
February 15,
2026		February 16,
2025		February 15,
2026		February 16,
2025
United States
Total revenue$49,931 $46,413 $98,500 $91,501 
Merchandise costs43,510 40,535 85,642 79,683 
Selling, general and administrative expenses4,786 4,363 9,607 8,805 
Operating income$1,635 $1,515 $3,251 $3,013 
Canada
Total revenue$9,291 $8,296 $18,364 $16,700 
Merchandise costs8,088 7,253 15,985 14,594 
Selling, general and administrative expenses727 640 1,469 1,341 
Operating income$476 $403 $910 $765 
Other International
Total revenue$10,375 $9,014 $20,040 $17,673 
Merchandise costs9,121 7,956 17,602 15,576 
Selling, general and administrative expenses759 660 1,530 1,363 
Operating income$495 $398 $908 $734 
Total
Total revenue$69,597 $63,723 $136,904 $125,874 
Merchandise costs60,719 55,744 119,229 109,853 
Selling, general and administrative expenses6,272 5,663 12,606 11,509 
Operating income2,606 2,316 5,069 4,512 
Other income(1)
115 106 235 216 
Income before income taxes$2,721 $2,422 $5,304 $4,728 
_______________
(1)Other income consists of interest expense and interest income and other, net.
The following table provides depreciation and amortization and additions to property and equipment for the Company's reportable segments:
12 Weeks Ended24 Weeks Ended
February 15,
2026		February 16,
2025		February 15,
2026		February 16,
2025
United States
Depreciation and amortization$464 $435 $928 $863 
Additions to property and equipment1,016 938 2,192 1,852 
Canada
Depreciation and amortization$47 $43 $96 $88 
Additions to property and equipment152 66 342 253 
Other International
Depreciation and amortization$86 $74 $170 $149 
Additions to property and equipment121 133 281 296 
Total
Depreciation and amortization$597 $552 $1,194 $1,100 
Additions to property and equipment1,289 1,137 2,815 2,401 
The following table provides property and equipment, net and total assets for the Company's reportable segments:
February 15,
2026		August 31,
2025
United States
Property and equipment, net$24,070 $22,790 
Total assets60,142 54,862 
Canada
Property and equipment, net$3,206 $2,930 
Total assets7,639 7,304 
Other International
Property and equipment, net$6,369 $6,189 
Total assets15,858 14,933 
Total
Property and equipment, net$33,645 $31,909 
Total assets83,639 77,099 
Disaggregated Revenue
The following table summarizes net sales by merchandise category; sales from e-commerce sites and business centers have been allocated to the applicable merchandise categories:
12 Weeks Ended24 Weeks Ended
February 15,
2026		February 16,
2025		February 15,
2026		February 16,
2025
Foods and Sundries$27,149 $25,112 $54,092 $50,174 
Non-Foods19,153 17,526 36,593 33,697 
Fresh Foods9,887 8,836 18,903 17,054 
Warehouse Ancillary and Other Businesses12,053 11,056 24,632 22,590 
Total net sales
$68,242 $62,530 $134,220 $123,515