Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 26, 2026
Dec. 25, 2025
Current assets:    
Cash and cash equivalents $ 293,632 $ 249,296
Income taxes receivable 8,279 7,270
Receivables, net 104,329 94,068
Inventories, net 1,149,021 1,133,083
Prepaid expenses and other current assets 49,727 44,214
Total current assets 1,604,988 1,527,931
Fixed assets, net 1,867,108 1,856,127
Right-of-use assets 1,630,963 1,617,772
Intangible assets, net 145,636 146,536
Goodwill 257,940 257,940
Deferred income tax assets, net 20,709 19,298
Other assets 48,959 43,754
Total long-term assets 3,971,315 3,941,427
Total assets 5,576,303 5,469,358
Current liabilities:    
Current portion of term loan 196,115 2,629
Current portion of lease liabilities 160,523 155,661
Trade accounts payable 735,394 683,675
Accrued expenses and other current liabilities 284,434 298,740
Deferred revenue 18,627 10,685
Total current liabilities 1,395,093 1,151,390
Term loan 0 193,589
Lease liabilities 1,649,971 1,639,598
Deferred income tax liabilities, net 47,271 49,479
Other liabilities 27,231 26,466
Total long-term liabilities 1,724,473 1,909,132
Total liabilities 3,119,566 3,060,522
Commitments and contingencies (Note 5)
Stockholders’ equity    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding at March 26, 2026 and December 25, 2025 0 0
Common stock Class A, $0.001 par value; 450,000,000 shares authorized; 108,094,150 shares issued and outstanding at March 26, 2026 and 107,774,329 shares issued and outstanding at December 25, 2025 108 108
Additional paid-in capital 585,953 577,786
Accumulated other comprehensive income, net 47 22
Retained earnings 1,870,629 1,830,920
Total stockholders’ equity 2,456,737 2,408,836
Total liabilities and stockholders’ equity $ 5,576,303 $ 5,469,358