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Segment Information (Tables)

4 Months Ended

Apr. 19, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Operating Segment

The following tables set forth information about the Company by reportable segment:

	16 Weeks Ended April 19, 2025
(In thousands)	Wholesale					Retail					Total
Net sales (including inter-segment sales)	$		2,358,557			$		947,575			$		3,306,132
Elimination of inter-segment sales			(396,136	)				(372	)				(396,508	)
Total consolidated net sales			1,962,421					947,203					2,909,624
Less (a):
Cost of sales			1,719,289					704,208					2,423,497
Selling, general and administrative			181,337					227,926					409,263
Segment adjusted EBITDA			61,795					15,069					76,864
Reconciliation of Adjusted EBITDA
LIFO expense													(4,634	)
Depreciation and amortization													(36,843	)
Acquisition and integration, net													(3,840	)
Restructuring and asset impairment, net													368
Cloud computing amortization													(2,673	)
Organizational realignment, net													(4,617	)
Severance associated with cost reduction initiatives													(89	)
Stock-based compensation													(5,769	)
Stock warrant													(188	)
Non-cash rent													484
Loss on disposal of assets													(102	)
Interest and non-operating expenses, net													(14,961	)
Earnings before income taxes											$		4,000
Other segment disclosures:
Acquisition and integration, net	$		2,061			$		1,779			$		3,840
Restructuring and asset impairment, net			(3,605	)				3,237					(368	)
Depreciation and amortization			18,091					18,752					36,843
Purchases of property and equipment			13,754					17,839					31,593

a) The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Amounts are presented on a non-GAAP, or adjusted basis.

	16 Weeks Ended April 20, 2024
(In thousands)	Wholesale					Retail					Total
Net sales (including inter-segment sales)	$		2,348,386			$		792,833			$		3,141,219
Elimination of inter-segment sales			(334,365	)				(591	)				(334,956	)
Total consolidated net sales			2,014,021					792,242					2,806,263
Less (a):
Cost of sales			1,775,476					588,423					2,363,899
Selling, general and administrative			180,919					186,550					367,469
Segment adjusted EBITDA			57,626					17,269					74,895
Reconciliation of Adjusted EBITDA
LIFO expense													(2,020	)
Depreciation and amortization													(30,646	)
Acquisition and integration, net													(327	)
Restructuring and asset impairment, net													(5,768	)
Cloud computing amortization													(2,018	)
Organizational realignment, net													(306	)
Severance associated with cost reduction initiatives													(69	)
Stock-based compensation													(3,720	)
Stock warrant													(326	)
Non-cash rent													901
Gain on disposal of assets													20
Interest and non-operating expenses, net													(12,439	)
Earnings before income taxes											$		18,177
Other segment disclosures:
Acquisition and integration, net	$		—			$		327			$		327
Restructuring and asset impairment, net			(150	)				5,918					5,768
Depreciation and amortization			16,078					14,568					30,646
Purchases of property and equipment			22,622					17,541					40,163

a) The significant expense categories and amounts align with the segment level-information that is regularly provided to the chief operating decision maker. Amounts are presented on a non-GAAP, or adjusted basis.

				April 19,					December 28,
(In thousands)				2025					2024
Total assets
Wholesale				$		1,571,911			$		1,576,043
Retail						1,008,665					1,026,253
Total				$		2,580,576			$		2,602,296

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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