QUARTERLY INFORMATION (unaudited) (Tables)

12 Months Ended

Feb. 27, 2021

Quarterly Financial Information Disclosure [Abstract]

The summarized quarterly financial data presented below reflects all adjustments, which in the opinion of management, are of a normal and recurring nature and are necessary for a fair statement of the results for the interim periods presented (in millions, except per share data):


	Fiscal 2020
	52 Weeks		Last 12 Weeks		Third 12 Weeks		Second 12 Weeks		First 16 Weeks
Net sales and other revenue	$	69,690.4	$	15,772.3	$	15,408.9	$	15,757.6	$	22,751.6
Gross profit	20,414.5		4,559.5		4,508.6		4,574.9		6,771.5
Operating income (loss)	1,617.5		(174.8)		258.5		562.0		971.8
Income (loss) before income taxes	1,128.7		(208.3)		153.2		395.7		788.1
Income tax expense (benefit)	278.5		(64.1)		29.5		111.2		201.9
Net income (loss)	$	850.2	$	(144.2)	$	123.7	$	284.5	$	586.2
Basic net income (loss) per Class A common share	$	1.53	$	(0.37)	$	0.21	$	0.52	$	1.03
Diluted net income (loss) per Class A common share	$	1.47	$	(0.37)	$	0.20	$	0.49	$	1.00


	Fiscal 2019
	53 Weeks		Last 13 Weeks		Third 12 Weeks		Second 12 Weeks		First 16 Weeks
Net sales and other revenue	$	62,455.1	$	15,436.8	$	14,103.2	$	14,176.7	$	18,738.4
Gross profit	17,594.2		4,418.0		3,995.1		3,941.5		5,239.6
Operating income	1,437.1		326.6		206.6		582.4		321.5
Income before income taxes	599.2		90.1		67.7		376.7		64.7
Income tax expense	132.8		22.3		12.9		81.9		15.7
Net income	$	466.4	$	67.8	$	54.8	$	294.8	$	49.0
Basic and diluted net income per Class A common share	$	0.80	$	0.12	$	0.09	$	0.51	$	0.08