Quarterly report [Sections 13 or 15(d)]

Revenue

v3.26.3
Revenue
 9 Months Ended
Sep. 24, 2026
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, Revenue from Contracts with Customers, 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 Condensed Consolidated Balance Sheets primarily consisted of deferred revenue as well as amounts in accrued expenses and other current liabilities related to our Pro Premier Rewards loyalty program and unredeemed gift cards. As of September 24, 2026, contract liabilities totaled $84.5 million and included $59.9 million of loyalty program liabilities, $14.2 million of deferred revenue, and $10.4 million of unredeemed 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. Of the contract liabilities outstanding as of December 25, 2025, approximately $16.6 million was recognized in revenue during the thirty-nine weeks ended September 24, 2026.
Disaggregated Revenue
The Company has one reportable segment. The following tables present the net sales of each major product category:
Thirteen Weeks Ended
September 24, 2026 September 25, 2025
dollars in thousands
 Net Sales % of Net Sales Net Sales % of Net Sales
Tile $ 282,596  23  % $ 269,646  23  %
Laminate and vinyl 279,179  23  287,689  25 
Installation materials and tools 266,151  22  242,005  21 
Decorative accessories and wall tile 195,465  16  192,278  16 
Wood 93,491  8  83,785  7 
Natural stone 51,807  4  51,111  4 
Adjacent categories 25,430  2  28,551  2 
Other (1)
20,442  2  24,462  2 
Total $ 1,214,561  100  % $ 1,179,527  100  %
Thirty-nine Weeks Ended
September 24, 2026 September 25, 2025
dollars in thousands
 Net Sales % of Net Sales Net Sales % of Net Sales
Tile $ 851,119  24  % $ 808,392  23  %
Laminate and vinyl 826,284  23  878,773  25 
Installation materials and tools 781,778  22  718,931  20 
Decorative accessories and wall tile 600,807  17  588,753  17 
Wood 269,794  7  252,207  7 
Natural stone 155,802  4  155,140  4 
Adjacent categories 78,566  2  89,101  2 
Other (1)
52,959  1  63,120  2 
Total $ 3,617,109  100  % $ 3,554,417  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.