Prior Year Revisions

6 Months Ended

Jun. 28, 2025

Prior Year Revisions

Prior Year Revisions

(10) Prior Year Revisions

As of December 28, 2024, the Company corrected the presentation of commission income which had previously been included in “Operating, general and administrative expenses” to be reflected as “Other revenue”.

The table below summarizes the effect of the correction of the previously reported Condensed Consolidated Financial Statements for the thirteen and twenty-six weeks ended June 29, 2024.

	13 Weeks Ended						26 Weeks Ended
	June 29, 2024							June 29, 2024
Consolidated Statements of Income	As Previously						As Previously
(dollars in thousands)	Reported		Revision		As Adjusted		Reported		Revision		As Adjusted
Other revenue	$	-	$	4,263	$	4,263	$	-	$	8,300	$	8,300
Total revenue		1,181,456		4,263		1,185,719		2,360,370		8,300		2,368,670
Gross profit		294,761		4,263		299,024		585,734		8,300		594,034
Operating, general and administrative expenses		262,272		4,263		266,535		525,882		8,300		534,182