Related Party Transactions

3 Months Ended

Mar. 29, 2026

Related Party Transactions [Abstract]

Related Party Transactions

Related Party Transactions

Leases

The Company had no related party lease activity in the three-month fiscal period ended March 29, 2026. In the three-month fiscal period ended March 30, 2025, the Company leased four retail stores from limited liability companies of which Mr. Bob Kaufman, the Company's founder and a member of the Board of Directors from 2014 until his resignation in December 2025, maintained ownership. Total rent expense associated with these related parties was $0.6 million for the three-month fiscal period ended March 30, 2025.

Management Fees

Upon consummation of the Company’s IPO, the Company's advisory agreement with Bain Capital terminated. In connection with the termination, the Company recognized a fee of $2.0 million in the three-month fiscal period ended March 29, 2026. In the three-month fiscal period ended March 30, 2025, the Company recognized management fees and expense reimbursement to entities affiliated with Bain Capital in connection with the advisory agreement totaling $0.5

million. The termination and management fees are classified as selling, general and administrative ("SG&A") expenses in the Company's condensed consolidated statements of operations and comprehensive income.

Customer Service Fees

The Company recognized fees for the outsourcing of customer service assistance to an entity affiliated with Bain Capital totaling $1.9 million for each of the three-month fiscal periods ended March 29, 2026 and March 30, 2025. These fees are classified as SG&A in the Company's condensed consolidated statements of operations and comprehensive income.