v3.25.2
Segment (Tables)
6 Months Ended
Jun. 28, 2025
Segment Reporting [Abstract]  
Schedule of Operating Profit (Loss) from Segments to Consolidated The following is a summary of the significant expense categories and consolidated net loss details provided to the
CODM (in thousands):
Three Months Ended
Six Months Ended
June 28,
2025
June 29,
2024
June 28,
2025
June 29,
2024
Net Sales
$327,925
$408,413
$721,186
$878,862
Less:
Cost of sales
(134,180)
(166,923)
(286,906)
(361,198)
Marketing expenses
(62,427)
(89,483)
(160,368)
(198,512)
Selling expenses
(84,037)
(92,917)
(175,199)
(192,400)
General and administrative
(29,604)
(39,573)
(68,223)
(78,652)
Research and development
(9,420)
(11,578)
(20,323)
(24,019)
Restructuring costs
(8,332)
(1,819)
(8,392)
(12,419)
Interest expense
(11,734)
(12,270)
(22,815)
(24,569)
Income tax (expense) benefit
(13,203)
1,099
(12,618)
374
Net loss
$(25,012)
$(5,051)
$(33,658)
$(12,533)