Fiscal 2026 Outlook (1)

The Company is reiterating its full-year outlook midpoints and narrowing applicable ranges:

Fiscal Year Ending August 1, 2026 (52 weeks) 

Previous Full Year

Outlook Provided

March 10, 2026

 

Updated Full Year

Outlook

 

Change in

Midpoint

Net sales ($ in billions) $31.0 - $31.4 $31.1 - $31.3 $—
Net income ($ in millions) $50 - $75 $55 - $70 $—
EPS (2) $0.80 - $1.20 $0.90 - $1.10 $—
Adjusted EPS (2)(3)(4) $2.30 - $2.70 $2.40 - $2.60 $—
Adjusted EBITDA (4) ($ in millions) $680 - $710 $685 - $705 $—
Capital and cloud implementation expenditures (4)(5) ($ in millions) ~ $250 ~ $250 $—
Free cash flow (4)(5) ($ in millions) ~ $330 ~ $330 $—