NET INCOME PER CLASS A COMMON SHARE

4 Months Ended

Jun. 20, 2026

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") calculated under the treasury stock method. Performance-based RSUs 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):


	16 weeks ended
		June 20, 2026		June 14, 2025

Net income		$	84.7	$	236.4
















Weighted average Class A common shares outstanding - Basic (1)		495.2		573.0
Dilutive effect of restricted stock units		3.0		2.4
Weighted average Class A common shares outstanding - Diluted (2)		498.2		575.4

Basic net income per Class A common share		$	0.17	$	0.41
Diluted net income per Class A common share		$	0.17	$	0.41

(1) The number of Class A common shares remaining to be issued for the 16 weeks ended June 20, 2026 and June 14, 2025 were not material.

(2) The number of potential Class A common shares outstanding related to RSUs that were antidilutive for the 16 weeks ended June 20, 2026 and June 14, 2025 were not material.