Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

v3.25.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 25, 2025
Dec. 26, 2024
Current assets:    
Cash and cash equivalents $ 204,484 $ 187,669
Income taxes receivable 11,917 21,735
Receivables, net 157,709 101,486
Inventories, net 1,164,161 1,132,599
Prepaid expenses and other current assets 55,932 48,896
Total current assets 1,594,203 1,492,385
Fixed assets, net 1,853,156 1,786,587
Right-of-use assets 1,614,253 1,331,238
Intangible assets, net 147,453 150,203
Goodwill 257,940 257,940
Deferred income tax assets, net 18,404 17,082
Other assets 35,346 15,043
Total long-term assets 3,926,552 3,558,093
Total assets 5,520,755 5,050,478
Current liabilities:    
Current portion of term loan 2,103 2,103
Current portion of lease liabilities 150,560 138,646
Trade accounts payable 724,626 794,855
Accrued expenses and other current liabilities 364,887 295,425
Deferred revenue 12,985 13,163
Total current liabilities 1,255,161 1,244,192
Term loan 194,218 194,527
Lease liabilities 1,638,479 1,351,282
Deferred income tax liabilities, net 45,204 67,832
Other liabilities 25,543 22,487
Total long-term liabilities 1,903,444 1,636,128
Total liabilities 3,158,605 2,880,320
Commitments and contingencies (Note 5)
Stockholders’ equity    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding at September 25, 2025 and December 26, 2024 0 0
Common stock Class A, $0.001 par value; 450,000,000 shares authorized; 107,745,936 shares issued and outstanding at September 25, 2025 and 107,356,999 issued and outstanding at December 26, 2024 108 107
Additional paid-in capital 570,458 547,818
Accumulated other comprehensive income (loss), net (5) (40)
Retained earnings 1,791,589 1,622,273
Total stockholders’ equity 2,362,150 2,170,158
Total liabilities and stockholders’ equity $ 5,520,755 $ 5,050,478