Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Jul. 04, 2026
Jun. 28, 2025
Operating Activities    
Net loss $ (87,674) $ (74,154)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 22,966 25,080
Equity-based compensation 2,934 5,194
Amortization of deferred financing costs and debt discounts 1,690 1,619
Impairment 8,266 0
Inventory impairment 5,363 0
Provision for credit losses 274 574
Deferred income taxes 8 5,717
Loss on asset dispositions 271 1,044
Changes in operating assets and liabilities:    
Accounts and other receivables (9,231) 10,099
Inventories, net (30,805) (38,909)
Prepaid expenses and other current assets (6,485) (281)
Other assets 961 2,561
Accounts payable 59,129 23,965
Accrued expenses and other current liabilities (1,481) (1,049)
Income taxes payable 0 (1,127)
Operating lease assets and liabilities, net (3,784) 269
Net cash used in operating activities (37,598) (39,398)
Investing Activities    
Purchases of property and equipment (10,540) (19,064)
Proceeds from asset dispositions 127 117
Net cash used in investing activities (10,413) (18,947)
Financing Activities    
Borrowings on revolving credit facility 115,000 159,500
Payments on revolving credit facility (85,000) (139,500)
Repayment of long-term debt 0 (27,025)
Payments on finance leases (267) (392)
Payment of deferred financing costs (145) 0
Payments of employee tax withholdings related to restricted stock vesting (6) (59)
Net cash provided by (used in) financing activities 29,582 (7,476)
Net decrease in cash and cash equivalents (18,429) (65,821)
Cash and cash equivalents, beginning of period 64,340 108,505
Cash and cash equivalents, end of period 45,911 42,684
Supplemental Information:    
Cash paid for interest 40,889 46,462
Cash paid for income taxes, net of refunds received $ 506 $ 3,556