The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses for the reporting periods. Actual results may differ from these estimates.

On July 31, 2025, the Board of Directors of the Company authorized a share repurchase program of up to $100,000 (the “Repurchase Program”) of the Company's common stock. The Company accounts for the repurchase of its common stock under the cost method. Under this method, the repurchased shares are recorded at their cost as a reduction of stockholders' equity. Upon repurchase, the treasury stock account is debited for the cost paid, and the cash account is credited. When treasury shares are reissued, any excess of the reissuance price over the repurchase cost is credited to additional paid-in capital. If the reissuance price is less than the repurchase cost, the difference is first debited to additional paid-in capital (from previous treasury stock transactions) and then to

Revenue is recognized when control of goods or services is transferred to our customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. Sales and other taxes the Company collects concurrent with revenue-producing activities are excluded from revenue.

The Company offers a variety of sales incentives to its customers primarily in the form of discounts and rebates. Discounts are recognized in the Condensed Consolidated Financial Statements at the date of the related sale. Rebates are based on the revenue to date and the contractual rebate percentage to be paid. A portion of the cost of the rebate is allocated to each underlying sales transaction. Discounts and rebates are included in the determination of net sales.


Thirteen weeks ended June 27, 2026
	Hardware and Protective Solutions		Robotics and Digital Solutions		Canada		Total Revenue
Fastening and Hardware	$	282,606	$	—	$	40,429	$	323,035
Personal Protective	53,460		—		1,439		54,899
Keys and Key Fobs	—		52,464		2,693		55,157
Engraving and Resharp	—		9,151		9		9,160
Total Revenue	$	336,066	$	61,615	$	44,570	$	442,251

Thirteen weeks ended June 28, 2025
	Hardware and Protective Solutions		Robotics and Digital Solutions		Canada		Total Revenue
Fastening and Hardware	$	244,562	$	—	$	37,405	$	281,967
Personal Protective	61,362		—		1,649		63,011
Keys and Key Fobs	—		46,054		2,295		48,349
Engraving and Resharp	—		9,466		10		9,476
Total Revenue	$	305,924	$	55,520	$	41,359	$	402,803

Twenty-six weeks ended June 27, 2026
	Hardware and Protective Solutions		Robotics and Digital Solutions		Canada		Total Revenue
Fastening and Hardware	$	507,522	$	—	$	69,256	$	576,778
Personal Protective	109,852		—		2,769		112,621
Keys and Key Fobs	—		99,394		5,231		104,625
Engraving and Resharp	—		18,283		17		18,300
Total Revenue	$	617,374	$	117,677	$	77,273	$	812,324

Twenty-six weeks ended June 28, 2025
	Hardware and Protective Solutions		Robotics and Digital Solutions		Canada		Total Revenue
Fastening and Hardware	$	454,112	$	—	$	62,455	$	516,567
Personal Protective	129,821		—		2,880		132,701
Keys and Key Fobs	—		89,034		4,431		93,465
Engraving and Resharp	—		19,396		17		19,413
Total Revenue	$	583,933	$	108,430	$	69,783	$	762,146


Thirteen weeks ended June 27, 2026
	Hardware and Protective Solutions		Robotics and Digital Solutions		Canada		Total Revenue
United States	$	332,035	$	61,615	$	—	$	393,650
Canada	—		—		44,570		44,570
Mexico	4,031		—		—		4,031
Consolidated	$	336,066	$	61,615	$	44,570	$	442,251

Thirteen weeks ended June 28, 2025
	Hardware and Protective Solutions		Robotics and Digital Solutions		Canada		Total Revenue
United States	$	302,662	$	55,520	$	—	$	358,182
Canada	—		—		41,359		41,359
Mexico	3,262		—		—		3,262
Consolidated	$	305,924	$	55,520	$	41,359	$	402,803

Twenty-six weeks ended June 27, 2026
	Hardware and Protective Solutions		Robotics and Digital Solutions		Canada		Total Revenue
United States	$	609,258	$	117,677	$	—	$	726,935
Canada	—		—		77,273		77,273
Mexico	8,116		—		—		8,116
Consolidated	$	617,374	$	117,677	$	77,273	$	812,324

Twenty-six weeks ended June 28, 2025
	Hardware and Protective Solutions		Robotics and Digital Solutions		Canada		Total Revenue
United States	$	576,729	$	108,430	$	—	$	685,159
Canada	—		—		69,783		69,783
Mexico	7,204		—		—		7,204
Consolidated	$	583,933	$	108,430	$	69,783	$	762,146

Hardware and Protective Solutions' revenues consist primarily of the delivery of fasteners, anchors, specialty fastening products, rope and chain, and personal protective equipment such as gloves, work gear, paint and cleaning wipes and cloths, as well as accessories, and in-store merchandising services for the related product category.

Canada revenues consist primarily of the delivery to Canadian customers of fasteners and related hardware items, threaded rod, keys, key duplicating systems, accessories, personal protective equipment, and identification items as well as in-store merchandising services for the related product category.

The Company’s performance obligations under its arrangements with customers are providing products, in-store merchandising services, and access to key duplicating and engraving equipment. Generally, the price of the merchandising services and the access to the key duplicating and engraving equipment is included in the price of the related products. Control of products is transferred at the point in time when the customer accepts the goods, which occurs upon delivery of the products. Judgment is required in determining the time at which to recognize revenue for the in-store services and the access to key duplicating and engraving equipment. Revenue is recognized for in-store service and access to key duplicating and engraving equipment as the related products are delivered, which approximates a time-based recognition pattern. Therefore, the entire amount of consideration

The costs to obtain a contract are insignificant and generally contract terms do not extend beyond one year. Therefore, these costs are expensed as incurred. Freight and shipping costs and the cost of our in-store merchandising service teams are recognized in selling, warehouse, general, and administrative expense when control over products is transferred to the customer.