Segment Reporting

6 Months Ended

Feb. 18, 2024

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, the U.K., Korea, Australia, Taiwan, China, Spain, France, 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 consider 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 September 3, 2023, and Note 1 above. Inter-segment net sales and expenses have been eliminated in calculating total revenue and operating income.

The following table provides information for the Company's reportable segments:

	United States		Canada		Other International		Total
12 Weeks Ended February 18, 2024
Total revenue	$	41,952	$	7,874	$	8,616	$	58,442
Operating income	1,294		390		378		2,062
12 Weeks Ended February 12, 2023
Total revenue	$	40,145	$	7,299	$	7,822	$	55,266
Operating income	1,295		284		324		1,903
24 Weeks Ended February 18, 2024
Total revenue	$	83,785	$	15,775	$	16,681	$	116,241
Operating income	2,652		715		679		4,046
24 Weeks Ended February 12, 2023
Total revenue	$	80,290	$	14,655	$	14,758	$	109,703
Operating income	2,531		572		551		3,654
53 Weeks Ended September 3, 2023
Total revenue	$	176,630	$	33,056	$	32,604	$	242,290
Operating income	5,392		1,448		1,274		8,114

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				24 Weeks Ended
	February 18, 2024		February 12, 2023		February 18, 2024		February 12, 2023
Foods and Sundries	$	23,675	$	21,926	$	46,699	$	43,374
Non-Foods	15,017		14,741		29,783		28,773
Fresh Foods	7,996		7,376		15,324		14,093
Warehouse Ancillary and Other Businesses	10,643		10,196		22,242		21,436
Total net sales	$	57,331	$	54,239	$	114,048	$	107,676