−Removed: We operate our business operations from approximately 65 warehouse and storage facilities, of which 12 are owned and the remainder are leased under multi-year lease arrangements.
−Removed: These facilities are used to secure and store our products before being sold and delivered to customers.
−Removed: We also store product in secured outdoor areas at many of our warehouse locations, which increases warehouse distribution and storage capacity.
−Removed: We believe that, collectively, our facilities have sufficient capacity to meet current and projected distribution needs.
−Removed: In addition, we lease a corporate headquarters facility near Atlanta in Marietta, GA.
−Removed: One of our owned warehouse facilities located in Erwin, Tennessee was damaged by Hurricane Helene in late September 2024.
−Removed: Substantially all of these damages were covered by insurance policies, and cleanup and restoration work is currently underway.
−Removed: We were able to rent nearby properties to mitigate the impact, as well as utilize some of our other facilities to serve customers.
+Added: As of January 3, 2026, we operate branch properties in 57 cities across the U.S., and some have multiple warehouse and storage facilities which enhance our distribution and storage capacity.
+Added: Twelve of these properties are owned and the remainder are leased under multi-year lease arrangements.
+Added: These properties are used to secure and store our products before being sold and delivered to customers.
+Added: Additionally, we have a leased corporate headquarters located near Atlanta in Marietta, Georgia which helps support our customers, suppliers, employees, and corporate functions.
+Added: We believe that, collectively, our properties and facilities have sufficient capacity to meet our needs.
+Added: One of our owned properties located in Erwin, Tennessee was damaged by Hurricane Helene in late September 2024.
+Added: Substantially all of the resulting damage to this property was covered by our insurance policies.
+Added: We have been able to rent nearby facilities, and utilize some of our other branches, to continue to serve customers and mitigate the impact of the damage while restoration of the Erwin branch is underway.
+Added: Substantial progress has been made on the cleanup and restoration work, which is expected to be fully complete in 2026.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.