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Segment Reporting
3 Months Ended
Mar. 29, 2025
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company has one reportable segment which is the retail sale of products that support the rural lifestyle.  The following table indicates the percentage of net sales represented by each of our major product categories during the fiscal three months ended March 29, 2025 and March 30, 2024:
Fiscal Three Months Ended
Product CategoryMarch 29, 2025March 30, 2024
Livestock, Equine & Agriculture (a)
28 %28 %
Companion Animal (b)
28 %27 %
Seasonal & Recreation (c)
21 %21 %
Truck, Tool & Hardware (d)
14 %15 %
Clothing, Gift & Décor (e)
%%
Total100 %100 %

(a) Includes livestock and equine feed & equipment, poultry, fencing, and sprayer & chemicals.
(b) Includes food, treats and equipment for dogs, cats, and other small animals as well as dog wellness.
(c) Includes tractor & rider, lawn & garden, bird feeding, power equipment, and other recreational products.
(d) Includes truck accessories, trailers, generators, lubricants, batteries, and hardware and tools.
(e) Includes clothing, footwear, toys, snacks, and decorative merchandise.

The measure of segment assets is reported on the Company’s Consolidated Balance Sheets as total consolidated assets.
Within the reportable segment, there are significant expense categories regularly provided to the Chief Operating Decision Maker and included in the measure of the segment’s net income as shown below:

Fiscal Three Months Ended
 March 29, 2025March 30, 2024
Net Sales$3,466,952 $3,394,834 
Less:
Cost of merchandise sold2,211,530 2,173,980 
Personnel expense (a)
489,287 469,991 
Depreciation and amortization120,079 104,293 
Other segment expenses (b)
396,919 383,445 
Interest expense, net19,641 11,902 
Income tax expense50,127 53,056 
Segment net income$179,369 $198,167 
Reconciliation of segment profit:
Adjustments and reconciling items— — 
Consolidated net income$179,369 $198,167 

(a) Personnel expenses include wages, salaries, and other forms of personnel compensation.
(b) Other segment expenses include occupancy expenses, advertising expenses, and other operating expenses within Selling, General, and Administrative expenses as described in Note 1 of the Company’s 2024 Form 10-K.