v3.25.2
INCOME TAXES
 6 Months Ended
Jun. 29, 2025
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
The following table presents the Company’s provision for income taxes (in millions):
Thirteen Weeks EndedTwenty-Six Weeks Ended
June 29, 2025June 30, 2024June 29, 2025June 30, 2024
Provision for income taxes$(0.5)$(1.9)$(2.2)$(5.4)
Effective tax rate0.8 %5.1 %2.2 %7.5 %
The difference between the statutory tax rate of 21% and the effective tax rates of 0.8% and 2.2% in the thirteen and twenty-six weeks ended June 29, 2025, respectively, was primarily due to increases in the valuation allowance, nondeductible expenses and the impact of state income taxes.
The difference between the statutory tax rate of 21% and the effective tax rates of 5.1% and 7.5% in the thirteen and twenty-six weeks ended June 30, 2024, respectively, was primarily due to increases in the valuation allowance, nondeductible expenses and the impact of state income taxes.