SEGMENT REPORTING (Tables)

4 Months Ended

May 24, 2025

SEGMENT REPORTING

Schedule of company's retail operations segment revenue

	First Quarter Ended
	May 24,		May 25,
	2025		2024
Retail operations segment sales	$	44,781	$	44,009
Retail operations segment expenses:
Merchandise costs(1)		31,264		30,878
Expenses in gross(2)		3,244		3,317
Operating, general, and administrative		7,809		7,441
Rent		268		266
Retail operations segment FIFO EBITDA	$	2,196	$	2,107
Reconciliation of net earnings before income tax expense:
Retail operations segment FIFO EBITDA	$	2,196	$	2,107
Depreciation and amortization		(1,051)		(978)
LIFO charge		(40)		(41)
Other FIFO EBITDA(3)		217		206
Net interest expense		(199)		(123)
Non-service component of company-sponsored pension plan (expense) benefits		(1)		4
(Loss) gain on investments		(19)		16
Consolidated net earnings before income tax expense	$	1,103	$	1,191
Reconciliation of sales:
Retail operations segment sales	$	44,781	$	44,009
Other sales(3)		337		1,260
Consolidated sales	$	45,118	$	45,269

(1) Merchandise costs include product costs, net of discounts and allowances, and food production costs.

(2) Expenses in gross include advertising costs, warehousing costs, including receiving and inspection costs, and transportation costs.

(3) Other sales and other FIFO EBITDA primarily include other operating segments that are not part of the retail operations segment such as third-party media revenue, data analytic services, specialty pharmacy and in-store health clinics.