Quarterly report [Sections 13 or 15(d)]

Interchange Fee Settlement

v3.26.1
Interchange Fee Settlement
9 Months Ended
Jul. 04, 2026
Loss Contingency [Abstract]  
Interchange Fee Settlement

Note 16—Interchange Fee Settlement

 

In June 2026, the Company entered into a settlement agreement to resolve certain credit card interchange fee litigation matters in which we were a plaintiff. As a result of this settlement, we recorded a gain of $17.5 million, net of legal fees, which was recognized within operating expenses in the consolidated statements of operations.