Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations and Comprehensive Income

v3.25.2
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 26, 2025
Jun. 27, 2024
Jun. 26, 2025
Jun. 27, 2024
Income Statement [Abstract]        
Net sales $ 1,214,150 $ 1,133,139 $ 2,374,890 $ 2,230,428
Cost of sales 681,462 642,105 1,334,034 1,269,368
Gross profit 532,688 491,034 1,040,856 961,060
Operating expenses:        
Selling and store operating 376,240 341,408 745,045 675,753
General and administrative 69,430 67,671 138,571 134,448
Pre-opening 5,124 10,627 11,117 20,220
Total operating expenses 450,794 419,706 894,733 830,421
Operating income 81,894 71,328 146,123 130,639
Interest expense, net 1,076 663 2,624 2,618
Income before income taxes 80,818 70,665 143,499 128,021
Income tax expense 17,640 13,999 31,443 21,323
Net income 63,178 56,666 112,056 106,698
Change in fair value of hedge instruments, net of tax 21 (346) 11 (1,316)
Total comprehensive income $ 63,199 $ 56,320 $ 112,067 $ 105,382
Basic earnings per share (in dollars per share) $ 0.59 $ 0.53 $ 1.04 $ 1.00
Diluted earnings per share (in dollars per share) $ 0.58 $ 0.52 $ 1.03 $ 0.99