| Summary of restatement of previously reported consolidated financial statements |
| | | | | | | | | | Consolidated Balance Sheets | | As of September 27, 2025 | (unaudited) | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | Inventories | | $ | 323,375 | | $ | (21,628) | | $ | 301,747 | Income taxes recoverable | | | 9,807 | | | 1,263 | | | 11,070 | Total current assets | | | 679,705 | | | (20,365) | | | 659,340 | Total assets | | | 2,017,813 | | | (20,365) | | | 1,997,448 | | | | | | | | | | | Deferred income taxes | | | 126,035 | | | (4,462) | | | 121,573 | Total liabilities | | | 674,385 | | | (4,462) | | | 669,923 | | | | | | | | | | | Retained earnings | | | 1,628,330 | | | (15,903) | | | 1,612,427 | Total shareholders' equity | | | 1,343,428 | | | (15,903) | | | 1,327,525 | Total liabilities and shareholders' equity | | $ | 2,017,813 | | $ | (20,365) | | $ | 1,997,448 |
| | | | | | | | | | Consolidated Balance Sheets | | As of June 28, 2025 | (unaudited) | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | Inventories | | $ | 316,609 | | $ | (19,819) | | $ | 296,790 | Income taxes recoverable | | | 83 | | | 784 | | | 867 | Total current assets | | | 659,032 | | | (19,035) | | | 639,997 | Total assets | | | 1,960,892 | | | (19,035) | | | 1,941,857 | | | | | | | | | | | Deferred income taxes | | | 109,953 | | | (4,462) | | | 105,491 | Total liabilities | | | 628,709 | | | (4,462) | | | 624,247 | | | | | | | | | | | Retained earnings | | | 1,618,510 | | | (14,573) | | | 1,603,937 | Total shareholders' equity | | | 1,332,182 | | | (14,573) | | | 1,317,609 | Total liabilities and shareholders' equity | | $ | 1,960,892 | | $ | (19,035) | | $ | 1,941,857 |
| | | | | | | | | | Consolidated Balance Sheets | | As of March 29, 2025 | (unaudited) | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | Inventories | | $ | 314,309 | | $ | (18,121) | | $ | 296,188 | Total current assets | | | 806,471 | | | (18,121) | | | 788,350 | Total assets | | | 2,081,333 | | | (18,121) | | | 2,063,212 | | | | | | | | | | | Income taxes payable | | | 8,951 | | | (335) | | | 8,616 | Total current liabilities | | | 325,850 | | | (335) | | | 325,515 | Deferred income taxes | | | 111,149 | | | (4,462) | | | 106,687 | Total liabilities | | | 624,376 | | | (4,797) | | | 619,579 | | | | | | | | | | | Retained earnings | | | 1,601,129 | | | (13,324) | | | 1,587,805 | Total shareholders' equity | | | 1,456,957 | | | (13,324) | | | 1,443,633 | Total liabilities and shareholders' equity | | $ | 2,081,333 | | $ | (18,121) | | $ | 2,063,212 |
| | | | | | | | | | | | As of December 28, 2024 | Consolidated Balance Sheets | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | Inventories | | $ | 308,895 | | $ | (16,857) | | $ | 292,037 | Total current assets | | | 844,859 | | | (16,857) | | | 828,002 | Total assets | | | 2,107,438 | | | (16,857) | | | 2,090,582 | | | | | | | | | | | Deferred income taxes | | | 112,149 | | | (4,462) | | | 107,686 | Total liabilities | | | 661,409 | | | (4,462) | | | 656,946 | | | | | | | | | | | Retained earnings | | | 1,589,797 | | | (12,395) | | | 1,577,402 | Total shareholders' equity | | | 1,446,031 | | | (12,395) | | | 1,433,635 | Total liabilities and shareholders' equity | | $ | 2,107,438 | | $ | (16,857) | | $ | 2,090,582 |
| | | | | | | | | | | | As of December 30, 2023 | Consolidated Balance Sheets | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | Inventories | | $ | 296,157 | | $ | (11,527) | | $ | 284,630 | Total current assets | | | 832,214 | | | (11,527) | | | 820,687 | Total assets | | | 2,039,632 | | | (11,527) | | | 2,028,105 | | | | | | | | | | | Deferred income taxes | | | 118,091 | | | (3,051) | | | 115,040 | Total liabilities | | | 665,296 | | | (3,051) | | | 662,245 | | | | | | | | | | | Retained earnings | | | 1,516,438 | | | (8,476) | | | 1,507,962 | Total shareholders' equity | | | 1,374,337 | | | (8,476) | | | 1,365,861 | Total liabilities and shareholders' equity | | $ | 2,039,632 | | $ | (11,527) | | $ | 2,028,105 |
| | | | | | | | | | | | As of December 31, 2022 | Consolidated Balance Sheets | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | Inventories | | $ | 293,274 | | $ | (7,482) | | $ | 285,792 | Total current assets | | | 741,170 | | | (7,482) | | | 733,688 | Total assets | | | 1,959,150 | | | (7,482) | | | 1,951,668 | | | | | | | | | | | Deferred income taxes | | | 111,225 | | | (1,980) | | | 109,245 | Total liabilities | | | 657,316 | | | (1,980) | | | 655,336 | | | | | | | | | | | Retained earnings | | | 1,449,191 | | | (5,502) | | | 1,443,689 | Total shareholders' equity | | | 1,301,834 | | | (5,502) | | | 1,296,332 | Total liabilities and shareholders' equity | | $ | 1,959,150 | | $ | (7,482) | | $ | 1,951,668 |
| | | | | | | | | | | | | | | | | | | Consolidated Statements of Income | | 13 Weeks Ended | (unaudited) | | September 27, 2025 | | September 28, 2024 | (amounts in thousands, | | As Previously | | | | | | | | As Previously | | | | | | | except per share amounts) | | Reported | | Adjustment | | As Restated | | Reported | | Adjustment | | As Restated | Cost of sales including advertising, warehousing, distribution | | $ | 933,619 | | $ | 1,809 | | $ | 935,428 | | $ | 895,092 | | $ | 1,806 | | $ | 896,898 | Gross profit on sales | | | 308,688 | | | (1,809) | | | 306,879 | | | 295,015 | | | (1,806) | | | 293,209 | Income from operations | | | 22,375 | | | (1,809) | | | 20,566 | | | 29,558 | | | (1,806) | | | 27,752 | Income before provision for income taxes | | | 24,086 | | | (1,809) | | | 22,277 | | | 35,785 | | | (1,806) | | | 33,979 | Provision for income taxes | | | 5,853 | | | (479) | | | 5,374 | | | 9,945 | | | (478) | | | 9,467 | Net income | | $ | 18,233 | | $ | (1,330) | | $ | 16,903 | | $ | 25,840 | | $ | (1,328) | | $ | 24,512 | Basic and diluted earnings per share | | $ | 0.74 | | $ | (0.05) | | $ | 0.69 | | $ | 0.96 | | $ | (0.05) | | $ | 0.91 |
| | | | | | | | | | | | | | | | | | | Consolidated Statements of Income | | 39 Weeks Ended | (unaudited) | | September 27, 2025 | | September 28, 2024 | (amounts in thousands, | | As Previously | | | | | | | | As Previously | | | | | | | except per share amounts) | | Reported | | Adjustment | | As Restated | | Reported | | Adjustment | | As Restated | Cost of sales including advertising, warehousing, distribution | | $ | 2,745,325 | | $ | 4,771 | | $ | 2,750,096 | | $ | 2,669,728 | | $ | 3,991 | | $ | 2,673,719 | Gross profit on sales | | | 916,554 | | | (4,771) | | | 911,783 | | | 889,049 | | | (3,991) | | | 885,058 | Income from operations | | | 77,347 | | | (4,771) | | | 72,576 | | | 89,409 | | | (3,991) | | | 85,418 | Income before provision for income taxes | | | 86,958 | | | (4,771) | | | 82,187 | | | 103,441 | | | (3,991) | | | 99,450 | Provision for income taxes | | | 21,721 | | | (1,263) | | | 20,458 | | | 28,178 | | | (1,056) | | | 27,122 | Net income | | $ | 65,237 | | $ | (3,508) | | $ | 61,729 | | $ | 75,263 | | $ | (2,935) | | $ | 72,328 | Basic and diluted earnings per share | | $ | 2.51 | | $ | (0.13) | | $ | 2.38 | | $ | 2.80 | | $ | (0.11) | | $ | 2.69 |
| | | | | | | | | | | | | | | | | | | Consolidated Statements of Income | | 13 Weeks Ended | (unaudited) | | June 28, 2025 | | June 29, 2024 | (amounts in thousands, | | As Previously | | | | | | | | As Previously | | | | | | | except per share amounts) | | Reported | | Adjustment | | As Restated | | Reported | | Adjustment | | As Restated | Cost of sales including advertising, warehousing, distribution | | $ | 910,431 | | $ | 1,698 | | $ | 912,129 | | $ | 886,695 | | $ | 1,161 | | $ | 887,856 | Gross profit on sales | | | 308,365 | | | (1,698) | | | 306,667 | | | 299,024 | | | (1,161) | | | 297,863 | Income from operations | | | 31,937 | | | (1,698) | | | 30,239 | | | 32,489 | | | (1,161) | | | 31,328 | Income before provision for income taxes | | | 35,068 | | | (1,698) | | | 33,370 | | | 36,144 | | | (1,161) | | | 34,983 | Provision for income taxes | | | 8,541 | | | (449) | | | 8,092 | | | 9,885 | | | (307) | | | 9,578 | Net income | | $ | 26,526 | | $ | (1,249) | | $ | 25,277 | | $ | 26,259 | | $ | (854) | | $ | 25,405 | Basic and diluted earnings per share | | $ | 1.01 | | $ | (0.05) | | $ | 0.96 | | $ | 0.98 | | $ | (0.03) | | $ | 0.95 |
| | | | | | | | | | | | | | | | | | | Consolidated Statements of Income | | 26 Weeks Ended | (unaudited) | | June 28, 2025 | | June 29, 2024 | (amounts in thousands, | | As Previously | | | | | | | | As Previously | | | | | | | except per share amounts) | | Reported | | Adjustment | | As Restated | | Reported | | Adjustment | | As Restated | Cost of sales including advertising, warehousing, distribution | | $ | 1,811,706 | | $ | 2,962 | | $ | 1,814,668 | | $ | 1,774,636 | | $ | 2,185 | | $ | 1,776,821 | Gross profit on sales | | | 607,866 | | | (2,962) | | | 604,904 | | | 594,034 | | | (2,185) | | | 591,849 | Income from operations | | | 54,972 | | | (2,962) | | | 52,010 | | | 59,852 | | | (2,185) | | | 57,667 | Income before provision for income taxes | | | 62,872 | | | (2,962) | | | 59,910 | | | 67,657 | | | (2,185) | | | 65,472 | Provision for income taxes | | | 15,868 | | | (784) | | | 15,084 | | | 18,233 | | | (578) | | | 17,655 | Net income | | $ | 47,004 | | $ | (2,178) | | $ | 44,826 | | $ | 49,424 | | $ | (1,607) | | $ | 47,817 | Basic and diluted earnings per share | | $ | 1.77 | | $ | (0.08) | | $ | 1.69 | | $ | 1.84 | | $ | (0.06) | | $ | 1.78 |
| | | | | | | | | | | | | | | | | | | Consolidated Statements of Income | | 13 Weeks Ended | (unaudited) | | March 29, 2025 | | March 30, 2024 | (amounts in thousands, | | As Previously | | | | | | | | As Previously | | | | | | | except per share amounts) | | Reported | | Adjustment | | As Restated | | Reported | | Adjustment | | As Restated | Cost of sales including advertising, warehousing, distribution | | $ | 901,274 | | $ | 1,264 | | $ | 902,538 | | $ | 887,194 | | $ | 1,024 | | $ | 888,218 | Gross profit on sales | | | 299,502 | | | (1,264) | | | 298,238 | | | 295,011 | | | (1,024) | | | 293,987 | Income from operations | | | 23,036 | | | (1,264) | | | 21,772 | | | 27,364 | | | (1,024) | | | 26,340 | Income before provision for income taxes | | | 27,804 | | | (1,264) | | | 26,540 | | | 31,514 | | | (1,024) | | | 30,490 | Provision for income taxes | | | 7,326 | | | (335) | | | 6,991 | | | 8,349 | | | (271) | | | 8,078 | Net income | | $ | 20,478 | | $ | (929) | | $ | 19,549 | | $ | 23,165 | | $ | (753) | | $ | 22,412 | Basic and diluted earnings per share | | $ | 0.76 | | $ | (0.03) | | $ | 0.73 | | $ | 0.86 | | $ | (0.03) | | $ | 0.83 |
| | | | | | | | | | | | For the year ended December 28, 2024 | Consolidated Statements of Income | | As Previously | | | | | | | (amounts in thousands, except per share amounts) | | Reported | | Adjustment | | As Restated | Cost of sales including advertising, warehousing, distribution | | $ | 3,587,651 | | $ | 5,329 | | $ | 3,592,980 | Gross profit on sales | | | 1,204,079 | | | (5,329) | | | 1,198,750 | Income from operations | | | 131,715 | | | (5,329) | | | 126,386 | Income before provision for income taxes | | | 150,275 | | | (5,329) | | | 144,946 | Provision for income taxes | | | 40,334 | | | (1,411) | | | 38,923 | Net income | | $ | 109,941 | | $ | (3,918) | | $ | 106,024 | Basic and diluted earnings per share | | $ | 4.09 | | $ | (0.15) | | $ | 3.94 |
| | | | | | | | | | | | For the year ended December 30, 2023 | Consolidated Statements of Income | | As Previously | | | | | | | (amounts in thousands, except per share amounts) | | Reported | | Adjustment | | As Restated | Cost of sales including advertising, warehousing, distribution | | $ | 3,535,009 | | $ | 4,045 | | $ | 3,539,054 | Gross profit on sales | | | 1,179,564 | | | (4,045) | | | 1,175,519 | Income from operations | | | 137,186 | | | (4,045) | | | 133,141 | Income before provision for income taxes | | | 146,696 | | | (4,045) | | | 142,651 | Provision for income taxes | | | 42,868 | | | (1,071) | | | 41,797 | Net income | | $ | 103,828 | | $ | (2,974) | | $ | 100,854 | Basic and diluted earnings per share | | $ | 3.86 | | $ | (0.11) | | $ | 3.75 |
| | | | | | | | | | | | | | | | | | | | | 13 Weeks Ended | Consolidated Statements of Comprehensive Income | | September 27, 2025 | | September 28, 2024 | (unaudited) | | As Previously | | | | | | | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | | Reported | | Adjustment | | As Restated | Net income | | $ | 18,233 | | $ | (1,330) | | $ | 16,903 | | $ | 25,840 | | $ | (1,328) | | $ | 24,512 | Comprehensive income, net of tax | | $ | 19,659 | | $ | (1,330) | | $ | 18,329 | | $ | 26,630 | | $ | (1,328) | | $ | 25,302 |
| | | | | | | | | | | | | | | | | | | | | 39 Weeks Ended | Consolidated Statements of Comprehensive Income | | September 27, 2025 | | September 28, 2024 | (unaudited) | | As Previously | | | | | | | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | | Reported | | Adjustment | | As Restated | Net income | | $ | 65,237 | | $ | (3,508) | | $ | 61,729 | | $ | 75,263 | | $ | (2,935) | | $ | 72,328 | Comprehensive income, net of tax | | $ | 65,502 | | $ | (3,508) | | $ | 61,994 | | $ | 75,827 | | $ | (2,935) | | $ | 72,892 |
| | | | | | | | | | | | | | | | | | | | | 13 Weeks Ended | Consolidated Statements of Comprehensive Income | | June 28, 2025 | | June 29, 2024 | (unaudited) | | As Previously | | | | | | | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | | Reported | | Adjustment | | As Restated | Net income | | $ | 26,526 | | $ | (1,249) | | $ | 25,277 | | $ | 26,259 | | $ | (854) | | $ | 25,405 | Comprehensive income, net of tax | | $ | 25,771 | | $ | (1,249) | | $ | 24,522 | | $ | 26,489 | | $ | (854) | | $ | 25,635 |
| | | | | | | | | | | | | | | | | | | | | 26 Weeks Ended | Consolidated Statements of Comprehensive Income | | June 28, 2025 | | June 29, 2024 | (unaudited) | | As Previously | | | | | | | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | | Reported | | Adjustment | | As Restated | Net income | | $ | 47,004 | | $ | (2,178) | | $ | 44,826 | | $ | 49,424 | | $ | (1,607) | | $ | 47,817 | Comprehensive income, net of tax | | $ | 45,843 | | $ | (2,178) | | $ | 43,665 | | $ | 49,199 | | $ | (1,607) | | $ | 47,592 |
| | | | | | | | | | | | | | | | | | | | | 13 Weeks Ended | Consolidated Statements of Comprehensive Income | | March 29, 2025 | | March 30, 2024 | (unaudited) | | As Previously | | | | | | | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | | Reported | | Adjustment | | As Restated | Net income | | $ | 20,478 | | $ | (929) | | $ | 19,549 | | $ | 23,165 | | $ | (753) | | $ | 22,412 | Comprehensive income, net of tax | | $ | 20,073 | | $ | (929) | | $ | 19,144 | | $ | 22,710 | | $ | (753) | | $ | 21,957 |
| | | | | | | | | | | | For the year ended December 28, 2024 | Consolidated Statement of Comprehensive Income | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | Net income | | $ | 109,941 | | $ | (3,918) | | $ | 106,024 | Comprehensive income, net of tax | | $ | 108,275 | | $ | (3,918) | | $ | 104,357 |
| | | | | | | | | | | | For the year ended December 30, 2023 | Consolidated Statement of Comprehensive Income | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | Net income | | $ | 103,828 | | $ | (2,974) | | $ | 100,854 | Comprehensive income, net of tax | | $ | 109,083 | | $ | (2,974) | | $ | 106,109 |
| | | | | | | | | | | | | | | | | | | | | 39 Weeks Ended | Consolidated Statement of Cash Flows | | September 27, 2025 | | September 28, 2024 | (unaudited) | | As Previously | | | | | | | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | | Reported | | Adjustment | | As Restated | Net income | | $ | 65,237 | | $ | (3,508) | | $ | 61,729 | | $ | 75,263 | | $ | (2,935) | | $ | 72,328 | Deferred income taxes | | | 13,783 | | | - | | | 13,783 | | | (6,740) | | | (1,056) | | | (7,796) | Inventories | | | (14,330) | | | 4,771 | | | (9,559) | | | (8,171) | | | 3,991 | | | (4,180) | Income taxes | | | (12,530) | | | (1,263) | | | (13,793) | | | 244 | | | - | | | 244 | Net cash provided by operating activities | | $ | 120,612 | | $ | - | | $ | 120,612 | | $ | 100,324 | | $ | - | | $ | 100,324 |
| | | | | | | | | | | | | | | | | | | | | 26 Weeks Ended | Consolidated Statement of Cash Flows | | June 28, 2025 | | June 29, 2024 | (unaudited) | | As Previously | | | | | | | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | | Reported | | Adjustment | | As Restated | Net income | | $ | 47,004 | | $ | (2,178) | | $ | 44,826 | | $ | 49,424 | | $ | (1,607) | | $ | 47,817 | Deferred income taxes | | | (1,795) | | | - | | | (1,795) | | | (963) | | | (578) | | | (1,541) | Inventories | | | (7,564) | | | 2,962 | | | (4,602) | | | (363) | | | 2,185 | | | 1,822 | Income taxes | | | (2,806) | | | (784) | | | (3,590) | | | 2,311 | | | - | | | 2,311 | Net cash provided by operating activities | | $ | 61,417 | | $ | - | | $ | 61,417 | | $ | 74,498 | | $ | - | | $ | 74,498 |
| | | | | | | | | | | | | | | | | | | | | 13 Weeks Ended | Consolidated Statement of Cash Flows | | March 29, 2025 | | March 30, 2024 | (unaudited) | | As Previously | | | | | | | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | | Reported | | Adjustment | | As Restated | Net income | | $ | 20,478 | | $ | (929) | | $ | 19,549 | | $ | 23,166 | | $ | (753) | | $ | 22,413 | Deferred income taxes | | | (868) | | | - | | | (868) | | | (407) | | | (271) | | | (678) | Inventories | | | (5,264) | | | 1,264 | | | (4,000) | | | 395 | | | 1,024 | | | 1,419 | Income taxes | | | 6,228 | | | (335) | | | 5,893 | | | 7,455 | | | - | | | 7,455 | Net cash provided by operating activities | | $ | 4,856 | | $ | - | | $ | 4,856 | | $ | 34,239 | | $ | - | | $ | 34,239 |
| | | | | | | | | | | | For the year ended December 28, 2024 | Consolidated Statement of Cash Flows | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | Net income | | $ | 109,941 | | $ | (3,918) | | $ | 106,024 | Deferred income taxes | | | (5,344) | | | (1,411) | | | (6,755) | Inventories | | | (12,637) | | | 5,329 | | | (7,308) | Net cash provided by operating activities | | $ | 187,467 | | $ | - | | $ | 187,467 |
| | | | | | | | | | | | For the year ended December 30, 2023 | Consolidated Statement of Cash Flows | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | Net income | | $ | 103,828 | | $ | (2,974) | | $ | 100,854 | Deferred income taxes | | | 4,955 | | | (1,071) | | | 3,884 | Inventories | | | (2,883) | | | 4,045 | | | 1,162 | Net cash provided by operating activities | | $ | 201,602 | | $ | - | | $ | 201,602 |
| | | | | | | | | | | | For the year ended December 31, 2022 | Consolidated Statement of Cash Flows | | As Previously | | | | | | | (amounts in thousands) | | Reported | | Adjustment | | As Restated | Net income | | $ | 125,196 | | $ | (5,502) | | $ | 119,694 | Deferred income taxes | | | (852) | | | (1,980) | | | (2,832) | Inventories | | | (23,687) | | | 7,482 | | | (16,205) | Net cash provided by operating activities | | $ | 218,024 | | $ | - | | $ | 218,024 |
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