v3.25.2
Segment Information
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company has determined that its four brands are each an operating segment and has aggregated its operating segments into one reportable segment based on the similar nature of products sold, production, merchandising and distribution processes involved, target customers and economic characteristics. The Chief Executive Officer of the Company is the CODM. The CODM uses both gross margin and Adjusted EBITDA as measures of profit or loss to evaluate performance and allocate resources. Gross margin is disclosed below as the segment profit measure as it is most consistent with the amounts included in the Company’s consolidated financial statements.
The following table sets forth gross margin for the periods shown:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Net sales
$160,524 $148,931 $289,181 $265,771 
Cost of sales
68,180 62,962 123,181 114,128 
Gross profit
$92,344 $85,969 $166,000 $151,643 
Gross margin
57.5 %57.7 %57.4 %57.1 %