Leases (Tables)

9 Months Ended

Jan. 31, 2026

Leases

Schedule of components of lease costs

The components of lease costs recorded in cost of sales and selling, general and administrative (“SG&A”) expense were as follows (in thousands):

	Nine Months Ended		Nine Months Ended
	January 31,		January 25,
	2026		2025
Operating lease cost	$	18,889	$	7,379
Short term lease cost		980		398
Variable lease cost		2,796		1,212
Sublease income		—		—
Total lease costs, net	$	22,665	$	8,989

Schedule of supplemental lease information

Supplemental lease information was as follows:

	Nine Months Ended		Nine Months Ended
	January 31,		January 25,
	2026		2025
	(In thousands)		(In thousands)
Cash paid for amounts included in the measurement of operating lease liabilities	$	16,176	$	7,328
Right-of-use assets obtained in exchange for new lease liabilities	$	4,297	$	7,112
Weighted average remaining lease term		72 months		50 months
Weighted average discount rate		6.9%		5.6%

Schedule of maturities of operating lease liabilities

Maturities of operating lease liabilities as of January 31, 2026 were as follows (in thousands):

Fiscal Year
2026	$	2,590
2027		24,122
2028		22,538
2029		19,402
2030		15,261
Thereafter		40,167
Total lease payments	$	124,080
Less: imputed interest		(25,944)
Total present value of operating lease liabilities	$	98,136