Item 2. Properties
ITEM 2. PROPERTIES
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. Twelve of these properties are owned and the remainder are leased under multi-year lease arrangements. These properties are used to secure and store our products before being sold and delivered to customers. Additionally, we have a leased corporate headquarters located near Atlanta in Marietta, Georgia which helps support our customers, suppliers, employees, and corporate functions. We believe that, collectively, our properties and facilities have sufficient capacity to meet our needs.
One of our owned properties located in Erwin, Tennessee was damaged by Hurricane Helene in late September 2024. Substantially all of the resulting damage to this property was covered by our insurance policies. 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. Substantial progress has been made on the cleanup and restoration work, which is expected to be fully complete in 2026.
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