v3.26.1
Segment Reporting (Tables)
 6 Months Ended
Jun. 25, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting
The following tables show the Company’s segment information for the periods presented:
Thirteen Weeks Ended
June 25, 2026June 26, 2025
in thousandsRetail
Other (1)
ConsolidatedRetail
Other (1)
Consolidated
Net sales$1,185,713 $64,557 $1,250,270 $1,150,986 $63,164 $1,214,150 
Less:
Cost of sales602,776 638,419 
Personnel expense (2)
214,332 195,086 
Property cost (3)
146,607 141,133 
Other segment items (4)
101,474 99,298 
Operating income (5)
120,524 3,460 123,984 77,050 4,844 81,894 
Interest (income) expense, net(2,278)1,076 
Loss on extinguishment of debt1,328 — 
Income before income taxes$124,934 $80,818 
Twenty-six Weeks Ended
June 25, 2026June 26, 2025
in thousandsRetail
Other (1)
ConsolidatedRetail
Other (1)
Consolidated
Net sales$2,288,233 $114,315 $2,402,548 $2,257,029 $117,861 $2,374,890 
Less:
Cost of sales1,211,994 1,254,508 
Personnel expense (2)
413,051 388,532 
Property cost (3)
292,650 282,935 
Other segment items (4)
195,246 192,075 
Operating income (5)
175,292 1,088 176,380 138,979 7,144 146,123 
Interest (income) expense, net(1,145)2,624 
Loss on extinguishment of debt1,328 — 
Income before income taxes$176,197 $143,499 
(1)Represents the Company’s non-reportable operating segment.
(2)Personnel expense is primarily comprised of store and store support center compensation including wages, incentive compensation, and benefits.
(3)Property cost is primarily comprised of rent, common area maintenance, utilities, property taxes, and insurance, as well as depreciation and amortization of leasehold improvements, buildings and improvements, furniture, fixtures, and equipment, and computer software and hardware at stores and the store support center.
(4)Other segment items expense is comprised of advertising costs, credit card fees, information technology costs, and other operating expenses.
(5)Includes depreciation and amortization expense of $61.6 million and $58.1 million for the thirteen weeks ended June 25, 2026 and June 26, 2025, respectively, and $121.0 million and $116.3 million for the twenty-six weeks ended June 25, 2026 and June 26, 2025, respectively, in our Retail segment.