Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations and Comprehensive Income

v3.25.1
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 27, 2025
Mar. 28, 2024
Income Statement [Abstract]    
Net sales $ 1,160,740 $ 1,097,289
Cost of sales 652,572 627,263
Gross profit 508,168 470,026
Operating expenses:    
Selling and store operating 368,805 334,345
General and administrative 69,141 66,777
Pre-opening 5,993 9,593
Total operating expenses 443,939 410,715
Operating income 64,229 59,311
Interest expense, net 1,548 1,955
Income before income taxes 62,681 57,356
Income tax expense 13,803 7,324
Net income 48,878 50,032
Change in fair value of hedge instruments, net of tax (10) (970)
Total comprehensive income $ 48,868 $ 49,062
Basic earnings per share (in dollars per share) $ 0.45 $ 0.47
Diluted earnings per share (in dollars per share) $ 0.45 $ 0.46