SEGMENT DATA (Tables)

3 Months Ended

Mar. 29, 2026

Schedule of Segment Reporting Information, by Segment


(in millions)	Thirteen weeks ended March 29, 2026		Thirteen weeks ended March 30, 2025
Net sales	$	361.3	$	352.1
Materials	153.4		159.6
Conversion costs (a)	54.0		45.1
Delivery (b)	20.7		23.5
Other cost of goods sold (c)	41.3		41.5


Gross profit	91.9		82.4


Marketing (d)	6.2		4.6
Selling expenses (e)	44.9		36.9
General and Administrative expenses (f)	34.3		35.9


Total selling, general and administrative expenses	85.4		77.4
Gain on sale of assets, net	1.3		0.7
Income from operations	7.8		5.7


Interest expense	(10.4)		(11.5)
Loss on debt extinguishment	—		(0.5)
Other income	0.8		0.4
Gain on remeasurement of warrant liability	—		11.0
Other loss, net	(9.6)		(0.6)

(Loss) income before income taxes	(1.8)		5.1
Income tax expense	0.6		(0.6)
Net (loss) income	$	(2.4)	$	5.7

(a) Conversion costs include direct labor, indirect labor, and overhead expenses.

(b) Delivery charges related to amounts shipped to distribution centers and end customers, and transfer costs between facilities.

(d) Marketing expenses include customer marketing through traditional media, digital and eCommerce, social media, sponsorships, and other costs such as agency costs, and market research.

(e) Selling expenses include non-administrative people costs, selling operations, co-op advertising and other customer expenses, broker fees, royalties, and other selling related costs.

(f) General and administrative expenses include administrative people costs, administrative operations, taxes, fees, and other administrative costs, offset by reimbursements from certain transaction services agreements.