Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 28, 2024
Sep. 28, 2024
Dec. 30, 2023
Current assets      
Cash and cash equivalents $ 11,615 $ 108,505 $ 8,394
Accounts and other receivables, net 29,803 45,467 22,488
Inventories 271,087 234,283 334,031
Prepaid expenses and other current assets 29,117 34,179 27,131
Total current assets 341,622 422,434 392,044
Property and equipment, net 96,045 98,447 92,405
Operating lease right-of-use assets 260,835 270,488 238,296
Goodwill and other intangibles, net 214,219 215,127 217,909
Deferred tax assets 16,121 4,168 15,988
Other assets 38,151 39,661 41,878
Total assets 966,993 1,050,325 998,520
Current liabilities      
Accounts payable 56,208 67,622 63,541
Accrued expenses and other current liabilities 71,528 106,713 69,854
Operating lease liabilities 65,063 63,357 63,078
Income taxes payable 1,180 1,127 0
Current portion of long-term debt 0 8,100 8,100
Total current liabilities 193,979 246,919 204,573
Operating lease liabilities, noncurrent 197,853 209,067 179,413
Revolving Credit Facility 40,000 0 38,000
Long-term debt, net 750,610 769,065 771,718
Other long-term liabilities 4,589 2,423 3,464
Total liabilities 1,187,031 1,227,474 1,197,168
Commitments and contingencies
Stockholders’ deficit      
Common stock, $0.001 par value, 1,000,000,000 shares authorized and 185,208,018, 184,969,296, and 184,513,174, issued and outstanding as of December 28, 2024, September 28, 2024, and December 30, 2023, respectively. 185 185 184
Additional paid in capital 108,546 106,871 101,547
Retained deficit (328,769) (284,205) (300,379)
Total stockholders’ deficit (220,038) (177,149) (198,648)
Total liabilities and stockholders’ deficit $ 966,993 $ 1,050,325 $ 998,520