Quarterly Summary

12 Months Ended

Aug. 27, 2016

Quarterly Financial Information Disclosure [Abstract]

Note S – Quarterly Summary ⁽¹⁾

(Unaudited)


	Twelve Weeks Ended						Sixteen Weeks Ended
(in thousands, except per share data)	November 21, 2015		February 13, 2016		May 7, 2016		August 27, 2016⁽²⁾
Net sales	$	2,386,043	$	2,257,192	$	2,593,672	$	3,398,769
Gross profit		1,252,934		1,190,596		1,370,458		1,794,748
Operating profit		437,995		382,660		536,374		703,366
Income before income taxes		402,985		349,828		502,323		657,577
Net income		258,112		228,613		327,515		426,768
Basic earnings per share		8.46		7.58		10.99		14.58
Diluted earnings per share		8.29		7.43		10.77		14.30

	Twelve Weeks Ended						Sixteen Weeks Ended
(in thousands, except per share data)	November 22, 2014		February 14, 2015		May 9, 2015		August 29, 2015⁽²⁾
Net sales	$	2,260,264	$	2,143,651	$	2,493,021	$	3,290,404
Gross profit		1,176,661		1,120,033		1,302,789		1,727,548
Operating profit		408,562		361,269		513,949		669,272
Income before income taxes		371,502		326,733		482,170		622,207
Net income		238,310		211,723		309,071		401,137
Basic earnings per share		7.42		6.64		9.77		13.02
Diluted earnings per share		7.27		6.51		9.57		12.75

(1)

The sum of quarterly amounts may not equal the annual amounts reported due to rounding. In addition, the earnings per share amounts are computed independently for each quarter while the full year is based on the annual weighted average shares outstanding.

(2)

The fourth quarter for fiscal 2016 and fiscal 2015 are based on a 16-week period. All other quarters presented are based on a 12-week period.