v3.25.2
Revenue Recognition
6 Months Ended
Jun. 28, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
The following table presents the Company’s revenues disaggregated by the customer’s method of purchase:

Quarters EndedSix Months Ended
June 28,
2025
June 29,
2024
June 28,
2025
June 29,
2024
Wholesale$843,760 $846,975 $1,470,458 $1,480,638 
Owned retail stores and websites117,676 126,588 223,172 237,223 
Other29,889 364 57,843 741 
Total net sales$991,325 $973,927 $1,751,473 $1,718,602 
Revenue Sources
Wholesale Revenue
Wholesale revenue is primarily generated by sales of the Company’s products to retailers to support their brick-and-mortar operations and e-commerce platforms. Wholesale revenue also includes royalty revenue from license agreements which the Company earns through license agreements with manufacturers of other consumer products that incorporate certain of the Company’s brands. The Company accrues revenue earned under these contracts based upon reported sales from the licensees.
Owned Retail Stores and Website Revenue
Owned brick-and-mortar retail stores and website revenue is generated through sales driven directly by the consumer through company-operated stores and e-commerce platforms.
Other Revenue
Other revenue consists of short-term supply agreements and transition service agreements in support of the disposed businesses.