v3.26.1
Revenue
6 Months Ended
Jun. 27, 2026
Revenue from Contract with Customer [Abstract]  
Revenue

10. Revenue

The following table disaggregates our consolidated revenue by major sales distribution channels for the twenty-six and thirteen weeks ended June 27, 2026 and June 28, 2025:

 

(In millions)

 

Twenty-Six Weeks Ended June 27, 2026

 

 

Twenty-Six Weeks Ended June 28, 2025

 

 

Thirteen Weeks Ended June 27, 2026

 

 

Thirteen Weeks Ended June 28, 2025

 

Wholesalers(a)

 

$

1,054.3

 

 

$

1,128.8

 

 

$

556.6

 

 

$

623.0

 

Home Center retailers(b)

 

 

537.1

 

 

 

523.9

 

 

 

292.9

 

 

 

279.8

 

Other retailers(c)

 

 

230.0

 

 

 

230.9

 

 

 

126.0

 

 

 

126.5

 

U.S. net sales

 

 

1,821.4

 

 

 

1,883.6

 

 

 

975.5

 

 

 

1,029.3

 

International(d)

 

 

343.8

 

 

 

352.9

 

 

 

178.4

 

 

 

174.0

 

Net sales

 

$

2,165.2

 

 

$

2,236.5

 

 

$

1,153.9

 

 

$

1,203.3

 

 

(a)
Represents sales to customers whose business is oriented towards builders, professional trade people and home remodelers, inclusive of sales through our customers’ respective internet website portals.
(b)
Represents sales to the three largest “Do-It-Yourself” retailers: The Home Depot, Inc., Lowe's Companies, Inc. and Menards, Inc., inclusive of sales through their respective internet website portals.
(c)
Represents sales principally to our mass merchant and standalone independent e-commerce customers.
(d)
Represents sales in markets outside the United States, principally in China, Canada, Europe and Mexico.

 

As part of our contracts with customers, we recognize contract liabilities, principally deferred revenue. Deferred revenue liabilities represent advanced payments and billings in excess of revenue recognized. Deferred revenue liabilities of $16.3 million and $20.1 million as of June 27, 2026 and December 27, 2025, respectively, were included in Other current liabilities in our Condensed Consolidated Balance Sheets, and $14.2 million and $14.7 million as of June 27, 2026 and December 27, 2025, respectively, were included in Other non-current liabilities in our Condensed Consolidated Balance Sheets.