Table of Contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

☒For ~~QUARTERLY~~the ~~REPORT~~quarterly ~~PURSUANT~~period TOended ~~SECTION 13~~September OR30, ~~15(d)~~2025

~~OF THE SECURITIES EXCHANGE ACT OF 1934~~or

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

~~For~~Commission ~~the~~File ~~quarterly~~Number ~~period~~333-287891 ~~ended June 30, 2025~~

☐ TRANSITION REPORT PURSUANT TO SECTION 13

OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File Number: 333-287891

BEACH ACQUISITION CO PARENT, LLC

(Exact ~~Name~~name of ~~Registrant~~registrant as ~~Specified~~specified in ~~Its~~its ~~Charter~~charter)

      Delaware

     33-4932106

     (State or other jurisdiction of
incorporation or organization)

     (I.R.S. Employer
Identification No.)

Delaware		33-4932106
c/o 3G Capital Partners L.P.600 Third Avenue, 37th FloorNew York, New York		10016
(State or other jurisdiction ofincorporation or organization)		(I.R.S. EmployerIdentification No.)
(Address of principal executive office)		(Zip Code)

c/o 3G Capital Partners L.P.600 Third Avenue, 37th FloorNew York, New York(Address of principal executive offices) 10016(Zip Code)

(Address, including Zip Code, and Telephone Number, Including Area Code, of Registrant’s Principal Executive Offices)

(212) 893-6727

(Registrant’s ~~phone~~telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading symbol Name of each exchange on which registered None N/A N/A

~~Title~~Indicate ofby ~~each~~check ~~class~~mark ~~Trading~~whether ~~Symbol~~the registrant: (s1) ~~Name~~has filed all reports required to be filed by Section 13 or 15(d) of ~~each~~the ~~exchange~~Securities onExchange ~~which~~Act ~~registered~~of ~~None~~1934 during ~~N/A~~the preceding ~~N/A~~12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes ☐ No ☒

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

~~Indicate~~Large ~~by check mark whether the registrant is a large~~ accelerated filer, an☐ ~~accelerated~~Accelerated filer, a☐ ~~non~~Non-accelerated filer, ~~smaller~~☒ ~~reporting~~Smaller ~~company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller~~ reporting company,” ~~and~~☐ ~~“emerging~~Emerging growth company” ~~in Rule 12b-2 of the Exchange Act:~~☐

Large Accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☒ Smaller reporting company ☐ Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

~~Indicate~~As byof ~~check~~November ~~mark~~4, ~~whether~~2025, the registrant ishad a154,112,345 ~~shell~~common ~~company~~units ~~(as~~issued ~~defined~~and ~~in Rule 12b-2 of the Exchange Act)~~outstanding.

As of November 4, 2025, the registrant had no Class P units issued and outstanding.

~~Yes ☐~~BEACH NoACQUISITION ☒CO PARENT, LLC AND SUBSIDIARIES

Form 10-Q

As of June 30, 2025, the registrant had 100 common units issued and outstanding.

Table of Contents

CONSOLIDATED FINANCIAL STATEMENTS OF BEACH ACQUISITION CO PARENT, LLC


PART I – FINANCIAL INFORMATION
Item 1.	Financial Statements
	Condensed Consolidated Balance Sheets (Unaudited)	3
	Condensed Consolidated Statements of Earnings (Loss) (Unaudited)	5
	Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited)	7
	Condensed Consolidated Statements of Members' Equity, Redeemable Noncontrolling Interest and Redeemable Common Units (Unaudited)	8
	Condensed Consolidated Statements of Stockholders' Equity and Redeemable Noncontrolling Interest (Unaudited)	9
	Condensed Consolidated Statements of Cash Flows (Unaudited)	11
	Notes to Condensed Consolidated Financial Statements (Unaudited)	13
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	30
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	39
Item 4.	Controls and Procedures	39

PART II – OTHER INFORMATION
Item 1.	Legal Proceedings	39
Item 1A.	Risk Factors	41
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	41
Item 3.	Defaults Upon Senior Securities	41
Item 4.	Mine Safety Disclosures	41
Item 5.	Other Information	41
Item 6.	Exhibits	42
	Signatures	43

TABLE OF CONTENTS

Explanatory Note. 2 PART I – FINANCIAL INFORMATION 3 Item 1. Financial Statements 3 Consolidated Statement of Earnings for the period from April 28, 2025 (Date of Incorporation) to June 30, 2025 3 Consolidated Statement of Comprehensive Income for the period from April 28, 2025 (Date of Incorporation) to June 30, 2025 4 Consolidated Balance Sheets at April 28, 2025 (Date of Incorporation) and June 30, 2025 5 Consolidated Statement of Cash Flows for the period from April 28, 2025 (Date of Incorporation) to June 30, 2025 6 Consolidated Statement of Members’ Equity for the period from April 28, 2025 (Date of Incorporation) to June 30, 2025 7 Notes to Consolidated Financial Statements 8 Item 2. Management’s Discussion and Analysis of Results of Operations and Financial Condition. 10 Item 3. Quantitative and Qualitative Disclosures About Market Risk. 11 Item 4. Controls and Procedures. 11 PART II – OTHER INFORMATION 11 Item 1. Legal Proceedings. 11 Item 1A. Risk Factors. 11 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. 11 Item 3. Defaults Upon Senior Securities. 11 Item 4. Mine Safety Disclosures. 11 Item 5. Other Information. 12 Item 6. Exhibits. 13

Table of Contents

EXPLANATORY NOTE

Beach Acquisition Co Parent, LLC (the “Company” or “Parent”), a Delaware Corporation, was formed on April 28, 2025 for purposes of consummating the transactions described herein, and is a wholly-owned, direct subsidiary of 3G Fund VI, L.P., a Cayman Islands exempted limited partnership (“Fund VI”), which is an affiliate of investment funds managed by 3G Capital Partners L.P. (“3G Capital”). On August 5, 2025, the United States Securities and Exchange Commission (the “SEC”) declared effective the Registration Statement on Form S-4, as amended (File No. 333-287891) (the “Registration Statement”), of the Company, to register its common limited liability company units that will be issued in connection with the transactions described herein. The Company has not commenced operations, has no assets or liabilities, and has not engaged in any significant activities other than those related to its formation from its incorporation on April 28, 2025 through June 30, 2025.

Table of Contents

PART I – FINANCIAL INFORMATION

Item 1. Financial Statements.

BEACH ACQUISITION CO PARENT, LLC AND SUBSIDIARIES

~~CONSOLIDATED~~Condensed ~~STATEMENT~~Consolidated OFBalance ~~EARNINGS~~Sheets

(~~dollars in actuals~~Unaudited)


	Successor			Predecessor
	As of			As of
(in thousands, except par value)	September 30, 2025			December 31, 2024
ASSETS
Current assets
Cash and cash equivalents	$	2,303,225		$	1,116,516
Short-term investments		1,542			118,470
Trade accounts receivable, less allowances of $969 and $66,616		1,155,392			990,558
Other receivables		117,858			98,499
Inventory		2,086,778			1,919,386
Prepaid expenses and other		270,878			205,994
Total current assets ($1,501,827 and $1,413,643 related to VIEs)		5,935,673			4,449,423
Property, plant and equipment, net		2,225,305			1,834,930
Operating lease right-of-use assets		1,545,790			1,363,596
Deferred tax assets		372,450			440,358
Long-term investments		85,969			146,687
Intangible assets, net		5,039,833			49,924
Goodwill		1,489,831			94,494
Other assets, net		122,342			76,346
Total non-current assets ($1,098,224 and $861,175 related to VIEs)		10,881,520			4,006,335
TOTAL ASSETS	$	16,817,193		$	8,455,758
LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST, REDEEMABLE COMMON UNITS AND STOCKHOLDERS' & MEMBERS' EQUITY
Current liabilities
Accounts payable	$	1,131,062		$	1,241,838
Accrued expenses		806,156			330,251
Operating lease liabilities		325,419			297,926
Current installments of long-term borrowings		378,116			353,131
Short-term borrowings		64,481			33,338
Total current liabilities ($905,878 and $846,986 related to VIEs)		2,705,234			2,256,484
Long-term operating lease liabilities		1,350,064			1,176,290
Long-term borrowings		6,340,480			68,450
Deferred tax liabilities		1,282,731			11,148
Other long-term liabilities		133,441			123,122
Total non-current liabilities ($208,850 and $170,341 related to VIEs)		9,106,716			1,379,010
Total liabilities		11,811,950			3,635,494
Commitments and contingencies (Note 13)
Redeemable noncontrolling interest		62,891			90,099
Redeemable Common Units, 23,201 units issued and outstanding		672,833			—
Beach Acquisition members’ equity
Members' capital, Common Units, 130,911 units issued and outstanding; Class P Units, no units issued and outstanding		3,838,604			—
Accumulated other comprehensive loss		(577	)		—
Retained deficit		(116,313	)		—
Beach Acquisition members' equity		3,721,714			—


	Period from
	April 28, 2025 to
	June 30, 2025
Revenues	$	—
Operating expenses		—
Other items		—
Earnings before income taxes		—
Provision for income taxes		—
Net earnings		—

Net earnings per common unit – basic and diluted	$	—
Weighted average number of common units outstanding – basic and diluted		100

See accompanying notes to consolidated financial statements.

~~Table~~BEACH ofACQUISITION ~~Contents~~CO PARENT, LLC AND SUBSIDIARIES

~~BEACH~~Condensed ~~ACQUISITION~~Consolidated COBalance ~~PARENT,~~Sheets ~~LLC~~(continued)

~~CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME~~(Unaudited)

(dollars in actuals)


	Successor		Predecessor
	As of		As of
(in thousands, except par value)	September 30, 2025		December 31, 2024
Skechers stockholders’ equity
Class A Common Stock, $0.001 par value; 500,000 shares authorized; 129,854 shares issued and outstanding		—		130
Class B Common Stock, $0.001 par value; 75,000 shares authorized; 19,379 shares issued and outstanding		—		19
Additional paid-in capital		—		12,170
Accumulated other comprehensive loss		—		(171,221	)
Retained earnings		—		4,436,201
Skechers stockholders' equity		—		4,277,299
Noncontrolling interests		547,805		452,866
Total stockholders' & members' equity		4,269,519		4,730,165
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST, REDEEMABLE COMMON UNITS AND STOCKHOLDERS' & MEMBERS' EQUITY	$	16,817,193	$	8,455,758

See accompanying notes to unaudited condensed consolidated financial statements.


	Period from
	April 28, 2025 to
	June 30, 2025
Net earnings	$	—
Other comprehensive income before taxes		—
Provision for income taxes		—
Comprehensive income	$	—

See accompanying notes to consolidated financial statements.

~~Table~~BEACH ofACQUISITION ~~Contents~~CO PARENT, LLC AND SUBSIDIARIES

~~BEACH~~Condensed ~~ACQUISITION~~Consolidated COStatements ~~PARENT,~~of ~~LLC~~Earnings (Loss)

~~CONSOLIDATED BALANCE SHEETS~~(Unaudited)

(dollars in actuals)


	Successor			Predecessor
(in thousands, except per share data)	September 12, 2025 to September 30, 2025			July 1, 2025 to September 11, 2025			Three Months Ended September 30, 2024
Sales	$	496,547		$	1,936,451		$	2,347,705
Cost of sales		272,358			904,470			1,124,659
Gross profit		224,189			1,031,981			1,223,046
Operating expenses
Selling		54,034			171,953			211,162
General and administrative		221,567			697,520			778,460
Total operating expenses		275,601			869,473			989,622
Earnings (loss) from operations		(51,412	)		162,508			233,424
Interest (expense) income		(72,246	)		(4,027	)		5,262
Other income (expense)		1,369			(3,176	)		6,629
Earnings (loss) before income taxes		(122,289	)		155,305			245,315
Income tax (benefit) expense		(8,499	)		(8,162	)		36,006
Net (loss) earnings		(113,790	)		163,467			209,309
Less: Net earnings attributable to noncontrolling interests and redeemable noncontrolling interest		2,523			3,309			16,088
Net (loss) earnings attributable to Common Unit holders / Skechers	$	(116,313	)	$	160,158		$	193,221
Net loss per unit attributable to Common Unit holders
Basic	$	(0.75	)		—			—
Diluted	$	(0.75	)		—			—
Weighted-average units used in calculating net loss per unit attributable to Common Unit holders
Basic		154,112			—			—
Diluted		154,112			—			—
Net earnings per share attributable to Skechers
Basic		—		$	1.07		$	1.27
Diluted		—		$	1.05		$	1.26
Weighted-average shares used in calculating net earnings per share attributable to Skechers
Basic		—			150,308			151,831
Diluted		—			151,814			153,662

See accompanying notes to unaudited condensed consolidated financial statements.


	As of		As of
	April 28, 2025		June 30, 2025
ASSETS	$	—	$	—
Current assets		—		—
Other assets		—		—
Total Assets		—		—
LIABILITIES AND EQUITY
Current liabilities		—		—
Other liabilities		—		—
Commitments and contingencies – see Note 4		—		—
Members’ Equity
Members’ unit capital		—		100
Members’ unit receivable		—		(100)
Total Liabilities and Members’ Equity	$	—	$	—

See accompanying notes to consolidated financial statements.

~~Table~~BEACH ofACQUISITION ~~Contents~~CO PARENT, LLC AND SUBSIDIARIES

~~BEACH~~Condensed ~~ACQUISITION~~Consolidated COStatements ~~PARENT,~~of ~~LLC~~Earnings (Loss)

~~CONSOLIDATED STATEMENT OF CASH FLOWS~~(Unaudited)

(dollars in actuals)


	Successor			Predecessor
(in thousands, except per share data)	September 12, 2025 to September 30, 2025			January 1, 2025 to September 11, 2025			Nine Months Ended September 30, 2024
Sales	$	496,547		$	6,788,045		$	6,756,935
Cost of sales		272,358			3,200,387			3,167,818
Gross profit		224,189			3,587,658			3,589,117
Operating expenses
Selling		54,034			608,909			603,534
General and administrative		221,567			2,378,034			2,246,830
Total operating expenses		275,601			2,986,943			2,850,364
Earnings (loss) from operations		(51,412	)		600,715			738,753
Interest (expense) income		(72,246	)		(7,860	)		14,842
Other income (expense)		1,369			70,704			(6,653	)
Earnings (loss) before income taxes		(122,289	)		663,559			746,942
Income tax (benefit) expense		(8,499	)		92,316			132,731
Net (loss) earnings		(113,790	)		571,243			614,211
Less: Net earnings attributable to noncontrolling interests and redeemable noncontrolling interest		2,523			38,151			74,066
Net (loss) earnings attributable to Common Unit holders / Skechers	$	(116,313	)	$	533,092		$	540,145
Net loss per unit attributable to Common Unit holders
Basic	$	(0.75	)		—			—
Diluted	$	(0.75	)		—			—
Weighted-average units used in calculating net loss per unit attributable to Common Unit holders
Basic		154,112			—			—
Diluted		154,112			—			—
Net earnings per share attributable to Skechers
Basic		—		$	3.56		$	3.54
Diluted		—		$	3.52		$	3.50
Weighted-average shares used in calculating net earnings per share attributable to Skechers
Basic		—			149,887			152,409
Diluted		—			151,514			154,412

See accompanying notes to unaudited condensed consolidated financial statements.


	Period from
	April 28, 2025 to
	June 30, 2025
Operating Activities
Net earnings	$	—
Adjustments to reconcile net earnings to net cash flow provided by operating activities:		—
Change in assets and liabilities		—
Net cash flow provided by operating activities		—
Investing Activities
Net cash flow provided by investing activities		—
Financing Activities
Net cash flow provided by financing activities		—
Net increase in cash and cash equivalents		—
Cash and cash equivalents at beginning of period		—
Cash and cash equivalents at end of period		—

See accompanying notes to consolidated financial statements.

~~Table~~BEACH ofACQUISITION ~~Contents~~CO PARENT, LLC AND SUBSIDIARIES

~~BEACH~~Condensed ~~ACQUISITION~~Consolidated COStatements ~~PARENT,~~of ~~LLC~~Comprehensive Income (Loss)

~~CONSOLIDATED STATEMENT OF MEMBERS’ EQUITY~~(Unaudited)

(dollars in actuals)


	Successor			Predecessor
(in thousands)	September 12, 2025 to September 30, 2025			July 1, 2025 to September 11, 2025			Three Months Ended September 30, 2024
Net (loss) earnings	$	(113,790	)	$	163,467		$	209,309
Other comprehensive (loss) income, net of tax
Net changes related to fair value of derivative contract		—			—			(1,810	)
Gain (loss) on foreign currency translation adjustment		596			(8,496	)		16,516
Comprehensive (loss) income		(113,194	)		154,971			224,015
Less: Comprehensive income attributable to noncontrolling interests and redeemable noncontrolling interest		3,696			5,007			18,490
Comprehensive (loss) income attributable to Common Unit holders / Skechers	$	(116,890	)	$	149,964		$	205,525

	Successor			Predecessor
(in thousands)	September 12, 2025 to September 30, 2025			January 1, 2025 to September 11, 2025			Nine Months Ended September 30, 2024
Net (loss) earnings	$	(113,790	)	$	571,243		$	614,211
Other comprehensive (loss) income, net of tax
Net changes related to fair value of derivative contract		—			(1,367	)		(3,673	)
Gain (loss) on foreign currency translation adjustment		596			114,393			(22,680	)
Comprehensive (loss) income		(113,194	)		684,269			587,858
Less: Comprehensive income attributable to noncontrolling interests and redeemable noncontrolling interest		3,696			62,139			62,691
Comprehensive (loss) income attributable to Common Unit holders / Skechers	$	(116,890	)	$	622,130		$	525,167

See accompanying notes to unaudited condensed consolidated financial statements.


	Members’		Members’		Total Members’
	unit capital		unit receivable		Equity
April 28, 2025	$	—	$	—	$	—
Issuance of units		100		(100)		—
June 30, 2025	$	100	$	(100)	$	—

See accompanying notes to consolidated financial statements.

~~Table~~BEACH ofACQUISITION ~~Contents~~CO PARENT, LLC AND SUBSIDIARIES

~~BEACH~~Condensed ~~ACQUISITION~~Consolidated COStatements ~~PARENT~~of Members' Equity, ~~LLC~~Redeemable Noncontrolling Interest and Redeemable Common Units

~~NOTES TO CONSOLIDATED FINANCIAL STATEMENTS~~(Unaudited)

Note 1: Nature of Business and Basis of Presentation


	Successor
	Units
(in thousands)	Common		Class P		Members' capital		Accumulated other comprehensive loss			Retained deficit			Beach Acquisition members' equity			Noncontrolling interests		Total members' equity			Redeemable noncontrolling interest			Redeemable Common Units
Balance at April 28, 2025 (inception)		—		—	$	—	$	—		$	—		$	—		$	—	$	—		$	—		$	—
Issuance of units		—		—		—		—			—			—			—		—			—			—
Balance at September 12, 2025		—		—	$	—	$	—		$	—		$	—		$	—	$	—		$	—		$	—
Acquisition of Skechers		—		—		—		—			—			—			545,000		545,000			62,000			—
Common units issued related to the merger		154,112		—		3,826,642		—			—			3,826,642			—		3,826,642			—			672,833
Net (loss) earnings		—		—		—		—			(116,313	)		(116,313	)		2,754		(113,559	)		(231	)		—
Foreign currency translation adjustment		—		—		—		(577	)		—			(577	)		51		(526	)		1,122			—
Stock compensation expense		—		—		11,962		—			—			11,962			—		11,962			—			—
Balance at September 30, 2025		154,112		—	$	3,838,604	$	(577	)	$	(116,313	)	$	3,721,714		$	547,805	$	4,269,519		$	62,891		$	672,833

~~Nature~~See ofaccompanying ~~Business~~notes to unaudited condensed consolidated financial statements.

Beach Acquisition Co Parent, LLC (the “Company” or “Parent”), was incorporated in Delaware on April 28, 2025. Parent is a direct, wholly-owned subsidiary of 3G Fund VI, L.P., a Cayman Islands exempted limited partnership (“Fund VI”), which is an affiliate of investment funds managed by 3G Capital Partners L.P. (“3G Capital”). Parent’s wholly-owned subsidiaries include Beach Acquisition Holdco, LLC, Beach Acquisition Midco, LLC, Beach Acquisition Bidco, LLC, each being a Delaware limited liability company, and Beach Acquisition Merger Sub, Inc., a Delaware corporation (collectively, the “Subsidiaries”). Parent and Subsidiaries were formed solely for the purpose of effecting the proposed merger by and among Skechers U.S.A., Inc., a Delaware corporation (“Skechers”), Parent and Beach Acquisition Merger Sub, Inc. (“Merger Sub”, and together with Parent, the “Buyer Parties”). Subject to the terms and conditions of the Agreement and Plan of Merger dated May 4, 2025 (as may be amended from time to time, the “Merger Agreement”), Merger Sub will merge with and into Skechers, with Skechers continuing as the surviving corporation (the “Surviving Corporation”) and becoming a subsidiary of Parent (the “Merger”). The Merger Agreement and the transactions contemplated thereby, including the Merger, are referred to collectively herein as the “Transaction”. Parent has not conducted any business operations other than such operations that are incidental to its formation and in connection with the Merger and the issuance of common limited liability company units of Parent (“Common Units”) as part of the Merger consideration.

Basis of Presentation

The consolidated balance sheets are presented in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”).

Note 2: Summary of Significant Accounting Policies — Use of Estimates

The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the balance sheet. Actual results could differ from those estimates.

Note 3: Members’ Equity

Parent was incorporated in Delaware on April 28, 2025, with 3G Capital as the sole member of the company owning 100% of the limited liability company interests. Upon consummation of the Merger and amendment and restatement of the Parent’s Limited Liability Agreement (the “A&R LLCA”), the capital of Parent will initially consist of two classes of units, designated as the Common Units and Class P units (“Class P Units,” and together with the Common Units, the “Members Units” or “Parent Units”). The holders of all issued and outstanding Parent Units will be entitled to the same rights and powers, except that each Class P Unit will be equivalent to 2.9655 Common Units.

On June 3, 2025, Parent issued 100% of its Common Units for $100.00, recorded as a members units receivable. The members units receivable is reflected as a reduction to members’ equity in accordance with ASC 505 and is treated as a non-cash financing transaction in the consolidated statement of cash flows.

Note 4: Commitments and Contingencies

The Company did not have any commitments or contingencies as of April 28, 2025.

As of June 3, 2025, in connection with the Merger Agreement, Parent has entered into an amended and restated debt commitment letter, dated as of May 23, 2025 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Debt Commitment Letter”) with certain financial institutions, including JPMorgan Chase Bank, N.A. acting as lead left arranger (collectively, the “Debt Financing Sources”), pursuant to which the Debt Financing Sources have committed to provide debt financing consisting of an approximately $2.1 billion first lien term loan facility, an approximately $1.6 billion first lien revolving facility, an

~~Table~~BEACH ofACQUISITION ~~Contents~~CO PARENT, LLC AND SUBSIDIARIES

approximatelyCondensed $1.9Consolidated billionStatements seniorof securedStockholders' bridge facility and an approximately $2.5 billion junior debt facility (collectively, the “Debt Financing” and together with the Equity Financing, the “Financing”). Parent currently expects to borrow approximately $165.0 million less first lien debt than the committed amount of first lien term loans and bridgeRedeemable loans.Noncontrolling The obligations of the Debt Financing Sources to provide the Debt Financing under the Debt Commitment Letter are subject to a number of customary conditions.Interest

On June 26, 2025, the initial term loan facility priced and allocated to a syndicate of lenders in a dollar equivalent amount of approximately $3.0 billion, which represents an increase of approximately $0.9 billion from the initial term loan facility set forth in the Debt Commitment Letter, and consists of approximately $1.6 billion dollar denominated term loans with pricing of SOFR + 325bps with potential pricing step downs based on first lien net leverage ratio and approximately €1.25bn Euro denominated term loans with Euribor + 350bps with potential pricing step downs based on first lien net leverage ratio.(Unaudited)


	Predecessor
	Shares						Amount
(in thousands)	Class A Common Stock			Class B Common Stock			Class A Common Stock			Class B Common Stock			Additional paid–in capital			Accumulated other comprehensive loss			Retained earnings		Skechers stockholders' equity			Noncontrolling interests			Total stockholders' equity			Redeemable noncontrolling interest
Balance at June 30, 2025		130,963			19,314		$	131		$	19		$	38,116		$	(71,989	)	$	4,809,135	$	4,775,412		$	497,723		$	5,273,135		$	102,374
Net earnings		—			—			—			—			—			—			160,158		160,158			3,812			163,970			(503	)
Foreign currency translation adjustment		—			—			—			—			—			(10,194	)		—		(10,194	)		631			(9,563	)		1,067
Stock compensation expense		—			—			—			—			18,209			—			—		18,209			—			18,209			—
Shares issued under the incentive award plan		72			—			—			—			1,579			—			—		1,579			—			1,579			—
Shares redeemed for employee tax withholdings		(14	)		—			—			—			(862	)		—			—		(862	)		—			(862	)		—
Balance at September 11, 2025		131,021			19,314		$	131		$	19		$	57,042		$	(82,183	)	$	4,969,293	$	4,944,302		$	502,166		$	5,446,468		$	102,938

Balance at June 30, 2024		132,231			20,079		$	132		$	20		$	178,148		$	(100,670	)	$	4,143,654	$	4,221,284		$	292,288		$	4,513,572		$	93,576
Net earnings		—			—			—			—			—			—			193,221		193,221			14,279			207,500			1,809
Foreign currency translation adjustment		—			—			—			—			—			12,304			—		12,304			7,618			19,922			(3,406	)
Contribution from noncontrolling interests		—			—			—			—			—			—			—		—			150,000			150,000			—
Distributions to noncontrolling interests		—			—			—			—			—			—			—		—			(850	)		(850	)		—
Net changes related to fair value of derivative contract		—			—			—			—			—			—			—		—			(1,810	)		(1,810	)		—
Stock compensation expense		—			—			—			—			21,026			—			—		21,026			—			21,026			—
Shares issued under the incentive award plan		48			—			—			—			1,611			—			—		1,611			—			1,611			—
Shares redeemed for employee tax withholdings		(7	)		—			—			—			(409	)		—			—		(409	)		—			(409	)		—
Repurchases of common stock		(1,379	)		—			(1	)		—			(90,026	)		—			—		(90,027	)		—			(90,027	)		—
Conversion of Class B Common Stock into Class A Common Stock		700			(700	)		1			(1	)		—			—			—		—			—			—			—
Balance at September 30, 2024		131,593			19,379		$	132		$	19		$	110,350		$	(88,366	)	$	4,336,875	$	4,359,010		$	461,525		$	4,820,535		$	91,979

~~Note 5:~~See ~~Subsequent~~accompanying ~~Events~~notes to unaudited condensed consolidated financial statements.

On July 14, 2025, Parent and Subsidiaries closed into escrow an offering of €1.0 billion aggregate principal amount of 5.250% Senior Secured Notes due 2032 (the “Senior Secured Notes”) and $2.2 billion aggregate principal amount of 10.000% / 10.750% Senior PIK Toggle Notes due 2033 (the “Senior PIK Toggle Notes” and, together with the Senior Secured Notes, the “Notes”).9

OnBEACH ~~September 12,~~ACQUISITION ~~2025,~~CO ~~the Company acquired Skechers and~~PARENT, ~~pursuant~~LLC toAND the Merger Agreement, Merger Sub merged with and into Skechers with Skechers continuing as the surviving corporation. The escrowed proceeds were used to fund a portion of the cash purchase price of the Merger and to pay related fees and expense. Parent and Subsidiaries also entered into a credit agreement which provides for (i) a $1,555.0 million USD first lien term loan facility and €1,250.0 million Euro first lien term loan facility, for an aggregate USD equivalent of $3,005.0 million (together, the “Term Loan Facility”) and (ii) a $1,600.0 million first lien cash flow revolving facility (the “Revolving Credit Facility” and, together with the Term Loan Facility, the “Senior Secured Credit Facilities”).SUBSIDIARIES

Condensed Consolidated Statements of Stockholders' Equity and Redeemable Noncontrolling Interest

(Unaudited)


	Predecessor
	Shares						Amount
(in thousands)	Class A Common Stock			Class B Common Stock			Class A Common Stock			Class B Common Stock			Additional paid–in capital			Accumulated other comprehensive loss			Retained earnings		Skechers stockholders' equity			Noncontrolling interests			Total stockholders' equity			Redeemable noncontrolling interest
Balance at December 31, 2024		129,854			19,379		$	130		$	19		$	12,170		$	(171,221	)	$	4,436,201	$	4,277,299		$	452,866		$	4,730,165		$	90,099
Net earnings		—			—			—			—			—			—			533,092		533,092			36,563			569,655			1,588
Foreign currency translation adjustment		—			—			—			—			—			89,038			—		89,038			14,104			103,142			11,251
Net changes related to fair value of derivative contract		—			—			—			—			—			—			—		—			(1,367	)		(1,367	)		—
Stock compensation expense		—			—			—			—			67,776			—			—		67,776			—			67,776			—
Proceeds from the employee stock purchase plan		143			—			—			—			7,519			—			—		7,519			—			7,519			—
Shares issued under the incentive award plan		1,544			—			2			—			1,619			—			—		1,621			—			1,621			—
Shares redeemed for employee tax withholdings		(585	)		—			(1	)		—			(32,042	)		—			—		(32,043	)		—			(32,043	)		—
Conversion of Class B Common Stock into Class A Common Stock		65			(65	)		—			—			—			—			—		—			—			—			—
Balance at September 11, 2025		131,021			19,314		$	131		$	19		$	57,042		$	(82,183	)	$	4,969,293	$	4,944,302		$	502,166		$	5,446,468		$	102,938

Balance at December 31, 2023		132,837			20,182		$	133		$	20		$	295,847		$	(73,388	)	$	3,796,730	$	4,019,342		$	290,868		$	4,310,210		$	89,832
Net earnings		—			—			—			—			—			—			540,145		540,145			65,807			605,952			8,259
Foreign currency translation adjustment		—			—			—			—			—			(14,978	)		—		(14,978	)		(1,590	)		(16,568	)		(6,112	)
Contribution from noncontrolling interests		—			—			—			—			—			—			—		—			150,000			150,000			—
Distributions to noncontrolling interests		—			—			—			—			—			—			—		—			(39,887	)		(39,887	)		—
Net changes related to fair value of derivative contract		—			—			—			—			—			—			—		—			(3,673	)		(3,673	)		—
Stock compensation expense		—			—			—			—			65,190			—			—		65,190			—			65,190			—
Proceeds from the employee stock purchase plan		137			—			—			—			6,823			—			—		6,823			—			6,823			—
Shares issued under the incentive award plan		1,861			—			2			—			1,609			—			—		1,611			—			1,611			—
Shares redeemed for employee tax withholdings		(793	)		—			(1	)		—			(49,057	)		—			—		(49,058	)		—			(49,058	)		—
Repurchases of common stock		(3,252	)		—			(3	)		—			(210,062	)		—			—		(210,065	)		—			(210,065	)		—
Conversion of Class B Common Stock into Class A Common Stock		803			(803	)		1			(1	)		—			—			—		—			—			—			—
Balance at September 30, 2024		131,593			19,379		$	132		$	19		$	110,350		$	(88,366	)	$	4,336,875	$	4,359,010		$	461,525		$	4,820,535		$	91,979

~~Table~~See ofaccompanying ~~Contents~~notes to unaudited condensed consolidated financial statements.

~~Item 2. Management’s Discussion and Analysis of Results of Operations and Financial Condition.~~10

~~Management’s~~BEACH ~~discussion~~ACQUISITION ~~and~~CO ~~analysis of the results of operations and financial condition of Beach Acquisition Co Parent~~PARENT, LLC ~~should~~AND be read in conjunction with our consolidated financial statements and their related notes included elsewhere in this Quarterly Report on Form 10-Q and our audited consolidated balance sheets as of April 28, 2025 and June 3, 2025 and their related notes that were included in our Registration Statement. References in this document to “Parent”, the “Company”, “we”, “us” and “our” refer to Beach Acquisition Co Parent, LLC.SUBSIDIARIES

~~Overview~~Condensed Consolidated Statements of Cash Flows

The Company was formed on April 28, 2025, solely for the purpose of effecting the Transaction, as described in the Notes above, including the issuance of Common Units for the Mixed Election Consideration. The Company has not conducted any business operations other than such operations that are incidental to its formation and in connection with the Transaction.(Unaudited)

Merger Agreement


	Successor			Predecessor
(in thousands)	September 12, 2025 to September 30, 2025			January 1, 2025 to September 11, 2025			Nine Months Ended September 30, 2024
Cash flows from operating activities
Net (loss) earnings	$	(113,790	)	$	571,243		$	614,211
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities
Depreciation and amortization		14,437			166,718			153,323
Amortization of deferred financing costs, original issuance discount and PIK interest		49,553			966			370
Provision for credit losses and returns		3,840			51,779			40,534
Stock compensation		11,962			67,776			65,190
Deferred income taxes		(16,729	)		(31,543	)		5,299
Net foreign currency adjustments		(3,522	)		(42,398	)		7,394
Changes in operating assets and liabilities
Receivables		24,626			(146,680	)		(372,193	)
Inventory		61,770			102,169			(178,452	)
Other assets		(5,547	)		(202,932	)		(112,241	)
Accounts payable		(52,371	)		(91,725	)		174,325
Other liabilities		40,542			140,167			56,958
Net cash provided by operating activities		14,771			585,540			454,718
Cash flows from investing activities
Capital expenditures		(29,373	)		(518,211	)		(283,435	)
Acquisition, net of cash acquired		(7,689,443	)		—			—
Proceeds from sale of property, plant and equipment		—			9,972			—
Purchases of investments		(187	)		(113,322	)		(145,371	)
Proceeds from sales and maturities of investments		—			296,717			97,697
Net cash used in investing activities		(7,719,003	)		(324,844	)		(331,109	)
Cash flows from financing activities
Proceeds from the employee stock purchase plan		—			7,519			6,823
Repayments on long-term borrowings		(14,193	)		(194,233	)		(14,949	)
Proceeds from long-term borrowings		6,417,382			196,796			137,106
Net proceeds from short-term borrowings		6,867			22,117			196,059
Payments of debt issuance and other financing costs		(197,278	)		—			—
Capital contributions		3,796,425			—			—
Payments for employee taxes related to stock compensation		—			(30,423	)		(47,447	)
Repurchases of common stock		—			—			(210,065	)
Distributions to noncontrolling interests		—			—			(39,887	)
Net cash provided by financing activities		10,009,203			1,776			27,640
Effect of exchange rate changes on cash and cash equivalents		(1,746	)		23,271			12,895
Net change in cash and cash equivalents		2,303,225			285,743			164,144
Cash and cash equivalents at beginning of the period		—			1,116,516			1,189,910
Cash and cash equivalents at end of the period	$	2,303,225		$	1,402,259		$	1,354,054

OnSee ~~September 12,~~accompanying ~~2025,~~notes ~~pursuant~~ to ~~the~~unaudited ~~Merger~~condensed ~~Agreement,~~consolidated ~~Merger~~financial ~~Sub merged with and into Skechers, with Skechers continuing as the surviving corporation and an indirect subsidiary of the Company~~statements.

On the terms and subject to the conditions set forth in the Merger (the “Effective Time”), each share of Class A common stock of Skechers, par value $0.001 per share (the “Class A Common Stock”), and Class B common stock of Skechers, par value $0.001 per share (the “Class B Common Stock” and together with the Class A Common Stock, the “Skechers Common Stock”) that was outstanding as of immediately prior to the Effective Time (other than any share of Skechers Common Stock that was (i) (A) held by Skechers and its subsidiaries; (B) owned by the Buyer Parties; or (C) owned by any direct or indirect subsidiary of the Buyer Parties as of immediately prior to the Effective Time or (ii) held by any stockholder who neither voted in favor of the Transaction nor consented thereto in writing and has properly and validly exercised his, her or its statutory rights of appraisal in respect of such shares of Skechers Common Stock in accordance with Section 262 of the General Corporation Law of the State of Delaware ) was cancelled and extinguished and automatically converted into the right to receive the following consideration (collectively, the “Merger Consideration”), subject to the election mechanics described below:11

~~(a) an~~BEACH ~~amount~~ACQUISITION inCO ~~cash equal to $63.00~~PARENT, ~~without~~LLC ~~interest~~AND ~~thereon, pursuant to applicable election (the “Cash Election Consideration”); or~~SUBSIDIARIES

~~(b) an~~Condensed ~~amount~~Consolidated inStatements ~~cash equal to $57.00 and one unlisted limited liability company unit~~ of ~~the~~Cash ~~Company (such unit, the “Parent Unit” and such consideration, subject to proration as set forth in the Merger Agreement, the “Mixed Election Consideration”).~~Flows

~~Results of Operations~~(Unaudited)

The Company has had no historical operations since inception. The Company did not generate revenue or net income during the period from April 28, 2025 to June 30, 2025.


	Successor		Predecessor
(in thousands)	September 12, 2025 to September 30, 2025		January 1, 2025 to September 11, 2025		Nine Months Ended September 30, 2024
Supplemental disclosures of cash flow information
Cash paid during the period for
Interest	$	1,087	$	24,383	$	14,951
Income taxes, net		—		88,545		140,607
Non-cash transactions
Right-of-use assets exchanged for lease liabilities		14,907		402,725		314,914
Contribution from noncontrolling interests		—		—		150,000
Equity consideration issued in connection with Skechers acquisition		672,833		—		—
Merger consideration accrued and not yet paid		426,012		—		—

~~Liquidity~~See ~~and~~accompanying ~~Capital~~notes ~~Resources~~to unaudited condensed consolidated financial statements.

The Company’s primary sources of liquidity to date have been capital contributions by its stockholders and the Company has had no historical operations. As of June 30, 2025, the Company had no assets. The Company has not generated cash flows from operations, investing, or financing activities for the period ended June 30, 2025 other than for activities related to its formation.12

OnBEACH ~~June 3,~~ACQUISITION ~~2025,~~CO ~~the Company issued 100% of its Common Units for $100.00~~PARENT, ~~recorded~~LLC asAND ~~a members units receivable. The members units receivable is reflected as a reduction to members’ equity in accordance with ASC 505.~~SUBSIDIARIES

~~Off-Balance~~Notes ~~Sheet~~to ~~Arrangements~~Condensed Consolidated Financial Statements

~~As of June 30, 2025, the Company did not have any off-balance sheet arrangements.~~(Unaudited)

(1)

10General

~~Table~~NATURE ofOF ~~Contents~~BUSINESS

~~Critical~~Beach ~~Accounting~~Acquisition ~~Policies~~Co Parent, LLC (the "Company", "Parent" or "Beach Acquisition"), was incorporated in Delaware on April 28, 2025. Parent is a direct, wholly-owned subsidiary of 3G Fund VI, L.P., a Cayman Islands exempted limited partnership (“Fund VI”), which is an affiliate of investment funds managed by 3G Capital Partners L.P. (“3G Capital”). Parent’s wholly-owned subsidiaries include Beach Acquisition Holdco, LLC, Beach Acquisition Midco, LLC, Beach Acquisition Bidco, LLC, each being a Delaware limited liability company, and Beach Acquisition Merger Sub, Inc., a Delaware corporation (collectively, the “Original Subsidiaries”). Parent and Original Subsidiaries were formed solely for the purpose of effecting the merger by and among Skechers U.S.A., Inc., a Delaware corporation (“Skechers”), Parent and Beach Acquisition Merger Sub, Inc. (“Merger Sub”, and together with Parent, the “Buyer Parties”) and all operational activity of the Parent in advance of the close of the Merger (as defined below), including activities to finance the transaction, are included in the Successor periods as discussed in Note 2 – Business Combinations. Skechers designs, develops, markets and distributes footwear, apparel and accessories.

~~The~~ACQUISITION ~~Company’s~~OF significant accounting policies are more fully described in “Note 2: Summary of Significant Accounting Policies – Use of Estimates” of the notes to the consolidated financial statements of the Company included in the Registration Statement. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and the related disclosures of contingent assets and liabilities. Actual results could differ from those estimates under different assumptions or conditions.SKECHERS

On September 12, 2025 (the "Merger Date"), the Company acquired Skechers and, pursuant to the Agreement and Plan of Merger dated May 4, 2025 (as may be amended from time to time, the “Merger Agreement”), Merger Sub merged with and into Skechers with Skechers continuing as the surviving corporation and becoming a subsidiary of Parent (the “Merger”). The escrowed proceeds were used to fund a portion of the cash purchase price of the Merger and to pay related fees and expense. See Note 2 – Business Combinations for details of the Merger.

(2)

~~Item 3.~~Business ~~Quantitative and Qualitative Disclosures About Market Risk.~~Combinations

~~Market~~On ~~risk~~September is12, a2025, ~~broad~~the ~~term~~Company acquired Skechers for ~~the~~preliminary ~~risk~~total consideration of ~~economic~~$10.2 ~~loss~~billion. ~~due~~As toof ~~adverse~~the ~~changes~~Merger inDate, the ~~fair~~Company ~~value~~did not have any assets or liabilities other than as contemplated by the Merger Agreement, including contractual commitments it has made in connection therewith. Each share of aSkechers ~~financial~~common ~~instrument~~stock, par value $0.001 ~~These~~per ~~changes~~share ~~may~~("Skechers beCommon Stock"), outstanding immediately before the ~~result~~Merger Date was converted into the right to receive cash per share (“Cash Election Consideration”) or in cash plus one common limited liability company unit of ~~various~~the ~~factors~~Company, ~~including~~together ~~interest~~referred ~~rates,~~to ~~foreign~~as ~~exchange~~the ~~rates~~“Mixed ~~and~~Election ~~commodity~~Consideration” ~~prices~~or “Mixed Election.” ~~The~~All ~~Company~~Skechers ~~has~~RSAs and RSUs outstanding at the Merger Date, whether vested or not, ~~conducted~~became ~~any~~fully ~~operations~~vested ~~during~~and were converted into the ~~period~~right ~~from~~to ~~April 28~~receive the Cash Election Consideration. At the same time, ~~2025~~all outstanding Performance Stock Awards and all Restricted Stock Units granted after the announcement of the Merger were canceled and replaced with the right to ~~June 30,~~receive ~~2025~~Class P Units (see Note 8 – Stock Compensation).

The purchase price and related fees and expenses were funded through a combination of equity financing and debt financing provided by committed lenders. See Note 6 – Financial Commitments.

~~Item 4~~This acquisition was accounted for as a business combination, with the Company acquiring Skechers using the acquisition method of accounting as of September 12, 2025. ~~Control~~The assets acquired and ~~Procedures~~liabilities assumed were preliminarily valued at their estimated fair values as of the Merger Date. The preliminary allocation of the purchase consideration to tangible and intangible assets and liabilities was based on fair value analyses, including input from independent valuation specialists. Given the timing of the close of the Merger, the final allocation of the purchase price to the acquired assets and assumed liabilities has not been completed.

~~Our~~Since ~~principal~~inception, ~~executive~~the ~~officer~~Company incurred and ~~principal~~expensed ~~financial~~$28.0 ~~officer~~million ~~have~~of ~~concluded~~transaction ~~that,~~costs asrelated ofto the ~~end~~Skechers ofacquisition and recorded these expenses in the Successor period ~~covered~~as byGeneral ~~this~~and ~~report,~~Administrative ~~our~~Expenses ~~disclosure~~on ~~controls~~the ~~and~~unaudited ~~procedures~~Condensed Consolidated Statements of Earnings (Loss). Interest expense related to the Company’s debt financings, including interest on debt issued in July 2025 to finance the Merger, is included as ~~defined~~Interest Expense/Income in ~~Rules 13a-15(e) or~~the ~~15d-15~~Successor period on the Condensed Consolidated Statements of Earnings (eLoss) . $24.7 million of acquisition expenses incurred by Skechers, and reimbursed by the ~~Securities~~Company ~~Exchange~~as ~~Act~~part of ~~1934~~the Merger close, asare ~~amended~~included (in Merger consideration. The majority of these costs are presented "on the ~~“Exchange~~line" ~~Act”))~~given they were ~~effective,~~contingent ~~based~~ on the ~~evaluation~~successful completion of ~~these~~the ~~controls~~Merger and ~~procedures~~are ~~required~~not byreflected ~~Rule 13a-15(b)~~ in either Predecessor or ~~15d-15~~Successor unaudited Condensed Consolidated Statements of Earnings (bLoss) of ~~the~~and ~~Exchange~~Comprehensive ~~Act~~Income (Loss).

NoFrom ~~change~~the inacquisition ~~our~~date ~~internal~~to ~~control~~September ~~over~~30, ~~financial reporting occurred during our last fiscal quarter that has materially affected~~2025, orSkechers iscontributed ~~reasonably~~approximately ~~likely~~$496.5 tomillion ~~materially~~in ~~affect,~~sales ~~our~~and ~~internal~~a ~~control~~net ~~over~~loss ~~financial~~of ~~reporting~~$113.8 million.

~~PART II –~~Preliminary ~~OTHER~~Merger ~~INFORMATION~~Consideration

~~Item 1.~~The ~~Legal~~total ~~Proceedings.~~preliminary merger consideration is as follows:

On September 16, 2025, a purported holder of Skechers Common Stock filed a petition for appraisal of stock in the Court of Chancery of the State of Delaware, captioned Giffuni v. Skechers U.S.A., Inc. C.A. No. 2025-1044-KSJM (Del. Ch.). On September 18, 2025, a purported holder of Skechers Common Stock filed a petition for appraisal of stock in the Court of Chancery of the State of Delaware, captioned Lancashire Investments L.P. v. Skechers U.S.A., Inc. C.A. No. 2025-1053 (Del. Ch.). Petitioners seek appraisal of their shares of Skechers Common Stock that they purported to own as of the date the Merger closed. Other appraisal petitions may be filed in the future. Skechers and the Company believe the Cash Election Consideration exceeds the fair value of Skechers Common Stock as of the date the Merger closed.


(in thousands)	Amount
Cash paid (including prefunding for dissenting shares)	$	9,067,002
Cash payable for dissenting shares		354,994

​Condensed Consolidated Statements of Stockholders' Equity and Redeemable Noncontrolling Interest

Condensed Consolidated Statements of Stockholders' Equity and Redeemable Noncontrolling Interest

Filing Compare · Beach Acquisition Co Parent, LLC