v3.26.3
Revenue
9 Months Ended
Sep. 24, 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 September 24, 2026, contract liabilities totaled $84.5 million and included $59.9 million of loyalty program liabilities, $14.2 million of deferred revenue, and $10.4 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 $16.6 million was recognized in revenue during the thirty-nine weeks ended September 24, 2026.
Disaggregated Revenue
The Company has one reportable segment. The following tables present the net sales of each major product category:
Thirteen Weeks Ended
September 24, 2026September 25, 2025
dollars in thousands
Net Sales% of Net SalesNet Sales% of Net Sales
Tile$282,596 23 %$269,646 23 %
Laminate and vinyl279,179 23 287,689 25 
Installation materials and tools266,151 22 242,005 21 
Decorative accessories and wall tile195,465 16 192,278 16 
Wood93,491 8 83,785 7 
Natural stone51,807 4 51,111 4 
Adjacent categories25,430 2 28,551 2 
Other (1)
20,442 2 24,462 2 
Total$1,214,561 100 %$1,179,527 100 %
Thirty-nine Weeks Ended
September 24, 2026September 25, 2025
dollars in thousands
Net Sales% of Net SalesNet Sales% of Net Sales
Tile$851,119 24 %$808,392 23 %
Laminate and vinyl826,284 23 878,773 25 
Installation materials and tools781,778 22 718,931 20 
Decorative accessories and wall tile600,807 17 588,753 17 
Wood269,794 7 252,207 7 
Natural stone155,802 4 155,140 4 
Adjacent categories78,566 2 89,101 2 
Other (1)
52,959 1 63,120 2 
Total$3,617,109 100 %$3,554,417 100 %
(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.