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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
May 31, 2025
May 31, 2024
May 31, 2025
May 31, 2024
Revenues:        
Total revenues $ 1,317,289 $ 1,229,428 $ 3,939,119 $ 3,687,853
Selling, general and administrative:        
Warehouse club and other operations 125,745 119,053 367,832 346,792
General and administrative 47,070 40,434 132,669 114,682
Pre-opening expenses 302 26 617 970
Loss on disposal of assets 305 350 1,579 872
Total operating expenses 1,261,059 1,179,519 3,759,359 3,516,113
Operating income 56,230 49,909 179,760 171,740
Other income (expense):        
Interest income 2,486 2,521 7,441 8,612
Interest expense (2,762) (3,579) (7,995) (9,688)
Other expense, net (6,888) (1,882) (19,050) (11,044)
Total other expense (7,164) (2,940) (19,604) (12,120)
Income before provision for income taxes and income (loss) of unconsolidated affiliates 49,066 46,969 160,156 159,620
Provision for income taxes (13,917) (14,483) (43,797) (49,895)
Income (loss) of unconsolidated affiliates 9 3 (13) 82
Net income $ 35,158 $ 32,489 $ 116,346 $ 109,807
Net income per share available for distribution:        
Basic (in dollars per share) $ 1.14 $ 1.08 $ 3.80 $ 3.62
Diluted (in dollars per share) $ 1.14 $ 1.08 $ 3.80 $ 3.62
Shares used in per share computations:        
Basic (in shares) 30,070 29,968 30,050 30,052
Diluted (in shares) 30,078 29,968 30,055 30,052
Net merchandise sales        
Revenues:        
Total revenues $ 1,289,997 $ 1,194,531 $ 3,848,411 $ 3,590,461
Cost of goods sold:        
Cost of goods sold 1,086,680 1,008,721 3,242,892 3,024,134
Export sales        
Revenues:        
Total revenues 990 11,586 14,595 30,106
Cost of goods sold:        
Cost of goods sold 957 10,935 13,770 28,663
Membership income        
Revenues:        
Total revenues 21,857 19,279 62,971 55,566
Other revenue and income        
Revenues:        
Total revenues $ 4,445 $ 4,032 $ 13,142 $ 11,720