v3.26.1
Revenue
6 Months Ended
Jun. 25, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Net sales consist of revenue associated with contracts with customers for the sale of goods and services in amounts that reflect the consideration the Company is entitled to receive in exchange for those goods and services.
Deferred Revenue & Contract Liabilities
In accordance with ASC 606, Revenue from Contracts with Customers, the Company recognizes revenue when the customer obtains control of the inventory. Amounts in deferred revenue at period-end reflect orders for which the inventory was not yet ready for physical transfer to customers.
Contract liabilities within the Condensed Consolidated Balance Sheets primarily consisted of deferred revenue as well as amounts in accrued expenses and other current liabilities related to our Pro Premier Rewards loyalty program and unredeemed gift cards. As of June 25, 2026, contract liabilities totaled $82.9 million and included $59.5 million of loyalty program liabilities, $13.4 million of deferred revenue, and $10.0 million of unredeemed gift cards. As of December 25, 2025, contract liabilities totaled $77.9 million and included $57.9 million of loyalty program liabilities, $10.7 million of deferred revenue, and $9.3 million of unredeemed gift cards. Of the contract liabilities outstanding as of December 25, 2025, approximately $14.8 million was recognized in revenue during the twenty-six weeks ended June 25, 2026.
Disaggregated Revenue
The Company has one reportable segment. The following tables present the net sales of each major product category:
Thirteen Weeks Ended
June 25, 2026June 26, 2025
dollars in thousands
Net Sales% of Net SalesNet Sales% of Net Sales
Tile$293,139 24 %$276,544 23 %
Laminate and vinyl285,976 23 299,781 25 
Installation materials and tools267,221 21 244,819 20 
Decorative accessories and wall tile204,247 16 200,363 17 
Wood92,971 85,929 
Natural stone53,721 53,523 
Adjacent categories26,986 29,942 
Other (1)
26,009 23,249 
Total$1,250,270 100 %$1,214,150 100 %
Twenty-six Weeks Ended
June 25, 2026June 26, 2025
dollars in thousands
Net Sales% of Net SalesNet Sales% of Net Sales
Tile$568,523 24 %$538,746 23 %
Laminate and vinyl547,105 23 591,084 25 
Installation materials and tools515,627 22 476,926 20 
Decorative accessories and wall tile405,342 17 396,475 17 
Wood176,303 168,422 
Natural stone103,995 104,029 
Adjacent categories53,136 60,550 
Other (1)
32,517 38,658 
Total$2,402,548 100 %$2,374,890 100 %
(1)Other includes delivery, sample, and other product revenue and adjustments for deferred revenue, sales returns reserves, and other revenue related adjustments that are not allocated on a product-category basis.