Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations and Comprehensive Income

v3.25.3
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 25, 2025
Sep. 26, 2024
Sep. 25, 2025
Sep. 26, 2024
Income Statement [Abstract]        
Net sales $ 1,179,527 $ 1,117,926 $ 3,554,417 $ 3,348,354
Cost of sales 667,571 632,056 2,001,605 1,901,424
Gross profit 511,956 485,870 1,552,812 1,446,930
Operating expenses:        
Selling and store operating 363,751 339,135 1,108,796 1,014,888
General and administrative 67,559 67,687 206,130 202,135
Pre-opening 8,629 12,731 19,746 32,951
Total operating expenses 439,939 419,553 1,334,672 1,249,974
Operating income 72,017 66,317 218,140 196,956
Interest expense, net 591 189 3,215 2,807
Income before income taxes 71,426 66,128 214,925 194,149
Income tax expense 14,166 14,438 45,609 35,761
Net income 57,260 51,690 169,316 158,388
Change in fair value of hedge instruments, net of tax 24 (185) 35 (1,501)
Total comprehensive income $ 57,284 $ 51,505 $ 169,351 $ 156,887
Basic earnings per share (in dollars per share) $ 0.53 $ 0.48 $ 1.57 $ 1.48
Diluted earnings per share (in dollars per share) $ 0.53 $ 0.48 $ 1.56 $ 1.46