ADDED
As of February 26, 2026, the registrant had 98,153,086 shares of common stock outstanding.
The Proxy Statement will be filed by the registrant with the Securities and Exchange Commission no later than 120 days after the end of the registrant's fiscal year ended January 3, 2026.
Management's Discussion and Analysis of Financial Condition and Results of Operations 43 Item 7A.
References to fiscal 2026, fiscal 2025, fiscal 2024, and fiscal 2023 refer to the fiscal years ended January 2, 2027, January 3, 2026, December 28, 2024 and December 30, 2023, respectively.
Our 2025 fiscal year consisted of 53 weeks while o ur 2024 and 2023 fiscal years consisted of 52 weeks.
As of January 3, 2026, we had 570 stores in California, Washington, Oregon, Pennsylvania, Tennessee, Idaho, Nevada, Maryland, Ohio, New Jersey, North Carolina, Georgia, Alabama, Delaware, Kentucky and Virginia.
This differentiated approach has historically driven positive comparable store sales growth.
We believe that our broad customer appeal supports new store growth opportunities, and we plan to continue to expand our reach to additional customers and geographies.
See Note 15 to the consolidated financial statements for additional information.
As of January 3, 2026, 41 stores, including 39 United Grocery Outlet stores, were Company-operated stores.
REMOVED
As of February 20, 2025, the registrant had 97,357,942 shares of common stock outstanding.
The Proxy Statement will be filed by the registrant with the Securities and Exchange Commission no later than 120 days after the end of the registrant's fiscal year ended December 28, 2024.
Management's Discussion and Analysis of Financial Condition and Results of Operations 44 Item 7A.
References to fiscal 2026, fiscal 2025, fiscal 2024, fiscal 2023, and fiscal 2022 refer to the fiscal years ended January 2, 2027, January 3, 2026, December 28, 2024, December 30, 2023 and December 31, 2022, respectively.
Our 2024 , 2023 and 2022 fiscal years all consisted of 52 weeks.
As of December 28, 2024, we had 533 stores in California, Washington, Oregon, Pennsylvania, Tennessee, Idaho, Maryland, Nevada, North Carolina, New Jersey, Georgia, Ohio, Alabama, Delaware, Kentucky and Virginia.
This differentiated approach has driven consistent comparable store sales growth, and we have had positive comparable store sales for over 20 years, with the exception of fiscal 2021, due primarily to the heightened demand during the onset of the COVID-19 pandemic in 2020.
We believe that our broad customer appeal supports significant new store growth opportunities, and we plan to continue to expand our reach to additional customers and geographies across the United States.
See NOTE 15 Business Combination to our Consolidated Financial Statements for additional information.
The acquisition provides us with the opportunity to scale in a new region and is a platform for potential future expansion in the Southeast.