v3.26.1
Related Party Transactions
6 Months Ended
Jun. 27, 2026
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]
Sales to related parties, which are included in net sales, consist of the sale of excess inventory to Ollie's Bargain Outlet Holdings, Inc. ("Ollie's"). John Swygert, Executive Chairman of Ollie's since 2025, and before that President and Chief Executive Officer of Ollie's, is a member of our Board of Directors. Sales to related parties were $15 and $218 in the thirteen and twenty-six weeks ended June 27, 2026 and were immaterial in the thirteen and twenty-six weeks ended June 28, 2025.
In late 2024, the Company signed a contract with Ollie's to place Minute Key and Quick-Tag machines in select Ollie's locations. The Company paid royalty shares to Ollie's as a result of this agreement. The payments to related parties were immaterial in the thirteen and twenty-six weeks ended June 27, 2026 and in the thirteen and twenty-six weeks ended June 28, 2025.