XML 27 R16.htm IDEA: XBRL DOCUMENT v3.22.4
Segment Reporting
3 Months Ended
Nov. 20, 2022
Segment Reporting [Abstract]  
Segment Reporting
Note 9—Segment Reporting
The Company is principally engaged in the operation of membership warehouses through wholly owned subsidiaries in the U.S., Canada, Mexico, Japan, U.K., Korea, Taiwan, Australia, Spain, France, China, Iceland, New Zealand, and Sweden. Reportable segments are largely based on management’s organization of the operating segments for operational decisions and assessments of financial performance, which considers geographic locations. The material accounting policies of the segments are as described in the notes to the consolidated financial statements included in the Company's Annual Report filed on Form 10-K for the fiscal year ended August 28, 2022, and Note 1 above. Inter-segment net sales and expenses have been eliminated in computing total revenue and operating income.
The following table provides information for the Company's reportable segments:
United States
Operations
Canadian
Operations
Other
International
Operations
Total
12 Weeks Ended November 20, 2022
Total revenue$40,145 $7,356 $6,936 $54,437 
Operating income1,236 288 227 1,751 
12 Weeks Ended November 21, 2021
Total revenue$36,317 $7,121 $6,925 $50,363 
Operating income1,118 293 282 1,693 
52 Weeks Ended August 28, 2022
Total revenue$165,294 $31,675 $29,985 $226,954 
Operating income5,268 1,346 1,179 7,793 
Disaggregated Revenue
The following table summarizes net sales by merchandise category; sales from e-commerce websites and business centers have been allocated to the applicable merchandise categories:
12 Weeks Ended
November 20,
2022
November 21,
2021
Foods and Sundries$21,448 $19,563 
Non-Foods14,032 14,162 
Fresh Foods6,717 6,439 
Warehouse Ancillary and Other Businesses11,240 9,253 
Total net sales
$53,437 $49,417