| Schedule of Reportable Segment Revenue, Segment Profit or Loss and Significant Segment Expenses |
The Company's single reportable segment revenue, segment profit or loss, and significant segment expenses are as follows:
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13 Weeks Ended |
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26 Weeks Ended |
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June 29,
2025 |
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June 30,
2024 |
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June 29,
2025 |
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June 30,
2024 |
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(In thousands) |
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(In thousands) |
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Revenue |
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$ |
184,894 |
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$ |
199,824 |
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$ |
360,541 |
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$ |
393,251 |
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Less: |
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Cost of merchandise sold |
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94,076 |
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100,997 |
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177,333 |
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194,444 |
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Employee labor and benefit-related expense |
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56,911 |
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58,062 |
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113,966 |
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116,336 |
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Occupancy expense |
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25,441 |
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26,255 |
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50,629 |
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52,177 |
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Equipment, trucking and utilities expense |
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11,711 |
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11,576 |
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22,880 |
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22,596 |
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Other segment items (1) |
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10,941 |
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6,911 |
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18,042 |
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14,124 |
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Depreciation and amortization expense |
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4,354 |
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4,768 |
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8,787 |
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9,285 |
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Income tax expense (benefit) |
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8 |
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(3,581 |
) |
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9 |
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(6,399 |
) |
Credit card fees |
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2,561 |
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2,726 |
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4,903 |
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5,227 |
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Advertising expense (2) |
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2,101 |
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2,032 |
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3,640 |
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3,546 |
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Interest expense, net |
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1,330 |
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82 |
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2,142 |
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|
205 |
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Segment net loss |
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$ |
(24,540 |
) |
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$ |
(10,004 |
) |
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$ |
(41,790 |
) |
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$ |
(18,290 |
) |
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Reconciliation of profit or loss |
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Adjustments and reconciling items |
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— |
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— |
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— |
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— |
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Net loss |
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$ |
(24,540 |
) |
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$ |
(10,004 |
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$ |
(41,790 |
) |
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$ |
(18,290 |
) |
(1)Includes business insurance and license expense, audit and legal expense, outside service expense, supplies expense and other overhead expense for the fiscal quarter ended June 29, 2025 and June 30, 2024. (2)Excludes labor and benefit-related expense that is included in “Employee labor and benefit-related expense” above.
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