NET INCOME PER CLASS A COMMON SHARE

9 Months Ended

Nov. 29, 2025

Basic net income per Class A common share is computed by dividing net income by the weighted average number of Class A common shares outstanding for the period, including Class A common shares to be issued with no remaining contingencies prior to issuance. Diluted net income per Class A common share is computed based on the weighted average number of shares of Class A common stock outstanding during the period, adjusted for the

potentially dilutive effect of unvested restricted stock units ("RSUs") and restricted common stock ("RSAs") calculated under the treasury stock method. Performance-based RSUs and RSAs are considered dilutive when the related performance criterion has been met.

The components of basic and diluted net income per Class A common share were as follows (in millions, except per share data):


	12 weeks ended				40 weeks ended
	November 29, 2025		November 30, 2024		November 29, 2025		November 30, 2024

Net income	$	293.3	$	400.6	$	698.2	$	786.8
















Weighted average Class A common shares outstanding - Basic (1)	531.9		580.2		556.7		579.7
Dilutive effect of restricted stock units and awards	2.8		3.9		2.7		3.2
Weighted average Class A common shares outstanding - Diluted (2)	534.7		584.1		559.4		582.9

Basic net income per Class A common share	$	0.55	$	0.69	$	1.25	$	1.36
Diluted net income per Class A common share	$	0.55	$	0.69	$	1.25	$	1.35

(1) The number of Class A common shares remaining to be issued for the 12 and 40 weeks ended November 29, 2025 and November 30, 2024 were not material.

(2) The number of potential Class A common shares outstanding related to RSUs and RSAs that were antidilutive for the 12 and 40 weeks ended November 29, 2025 and November 30, 2024 were not material.