Annual report [Section 13 and 15(d), not S-K Item 405]

Revenue

v3.25.4
Revenue
 12 Months Ended
Dec. 25, 2025
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, 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 Consolidated Balance Sheets primarily consisted of deferred revenue as well as amounts in accrued expenses and other current liabilities related to the Pro Premier Rewards loyalty program and unredeemed gift cards. During fiscal 2025, the Company modified its loyalty program to include a redemption option that allows customers to redeem earned points for 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. As of December 26, 2024, contract liabilities totaled $20.2 million and included $13.2 million of deferred revenue and $7.0 million of unredeemed gift cards. Of the contract liabilities outstanding as of December 26, 2024, approximately $15.9 million was recognized in revenue during fiscal 2025.
Disaggregated Revenue
The Company has one reportable segment. The following table presents the net sales of each major product category for each of the last three fiscal years:
Fiscal Year Ended
December 25,
2025		 December 26,
2024		 December 28,
2023
dollars in thousands
Net Sales
% of
Net Sales
Net Sales
% of
Net Sales
Net Sales
 % of
Net Sales
Laminate and vinyl $ 1,154,538  25  % $ 1,104,932  25  % $ 1,179,027  26  %
Tile 1,064,884  23  1,029,946  23  1,035,281  23 
Installation materials and tools
 957,195  20  893,714  20  820,649  19 
Decorative accessories and wall tile 770,005  17  754,255  17  741,846  17 
Wood
 332,754  7  279,134  6  259,222  6 
Natural stone
 201,972  4  204,968  5  208,286  5 
Adjacent categories 115,661  2  103,797  2  83,525  2 
Other (1)
87,079  2  85,024  2  86,048  2 
Total $ 4,684,088  100  % $ 4,455,770  100  % $ 4,413,884  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.