v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 28, 2026
Dec. 28, 2025
Current assets    
Cash and cash equivalents $ 32,022 $ 53,202
Restricted cash 10,175 9,412
Accounts receivable 27,065 17,590
Inventories 345,853 350,284
Tariff refunds receivable 41,908 0
Prepaids and other current assets 47,974 40,871
Total current assets 504,997 471,359
Property and equipment, net 386,867 328,827
Operating lease right-of-use assets 661,362 641,529
Intangible assets 179,100 179,100
Goodwill 181,699 181,699
Deferred offering costs 0 3,981
Other assets 9,592 5,260
Total assets 1,923,617 1,811,755
Current liabilities    
Accounts payable 279,131 260,610
Self-insurance reserves 30,061 27,959
Accrued expenses 52,947 66,211
Customer deposits 80,387 70,740
Current portion of Term Loan 0 1,750
Finance lease liabilities, current portion 14,158 15,201
Operating lease liabilities, current portion 106,446 100,563
Total current liabilities 563,130 543,034
Term Loan 0 337,430
Finance lease liabilities, noncurrent portion 72,043 44,254
Operating lease liabilities, noncurrent portion 701,052 678,800
Deferred income taxes 46,774 43,306
Other long-term liabilities 9,446 1,011
Total long-term liabilities 829,315 1,104,801
Total liabilities 1,392,445 1,647,835
Commitments and Contingencies (Note 8)
Stockholders' Equity    
Preferred stock, $0.01 par value, 5,000,000 shares authorized, no shares issued or outstanding at June 28, 2026; $0.01 par value, 50,000 shares authorized, no shares issued or outstanding at December 28, 2025 0 0
Common stock, $0.0001 par value, 445,000,000 shares authorized, 130,685,807 shares issued and outstanding at June 28, 2026; $0.0001 par value, 300,000,000 shares authorized, 119,777,765 shares issued and 110,530,029 outstanding at December 28, 2025 13 11
Additional paid-in capital 439,441 199,796
Treasury stock shares, at cost, — and 9,247,736 shares at June 28, 2026 and December 28, 2025, respectively 0 (67,336)
Retained earnings 91,718 31,449
Total stockholders' equity 531,172 163,920
Total liabilities and stockholders' equity $ 1,923,617 $ 1,811,755