INCOME TAXES

4 Months Ended

Jan. 21, 2024

Income Tax Disclosure [Abstract]

INCOME TAXES

INCOME TAXES

The income tax provisions reflect a year-to-date effective tax rate of 26.9% in 2024, as compared to 26.7% in fiscal year 2023. The major component of the year-over-year increase in tax rates was an increase in the impact of non-deductible officers’ compensation.