Item 2. Properties

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Item 2. Properties

The Company’s corporate headquarters and management office are located at 751 Lakefront Commons, Newport News, Virginia 23606. We believe our facilities are maintained in good operating condition and sufficient to meet our present operating needs.

The following table presents our principal facilities as of July 31, 2025:


Location / Segment	Facility & Use	Total locations	Owned locations	Leased locations	Square feet
United States	Regional Distribution Centers(1)	10	90%	10%	6,608,307
United States	Market Distribution Centers	5	60%	40%	2,544,854
United States	Branches	1,519	16%	84%	46,369,553
Canada	Regional Distribution Center(2)	1	—%	100%	292,395
Canada	Market Distribution Centers	1	—%	100%	186,174
Canada	Branches	227	19%	81%	3,058,456

(1)Includes one owned building on leased land. Subsequent to fiscal 2025 year-end, one of the 10 Regional Distribution Centers in the United States was closed.

(2)Canada’s Regional Distribution Center was closed subsequent to fiscal 2025 year-end.

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