It's that time of year again!

woman with arms full of old navy flip flops
Don't miss out! Old Navy's One Dollar Flip Flops Are Coming Soon!
| Credit: Old Navy

Mark your calendars and paint those toenails, Old Navy fans, because the store's annual $1 flip-flop sale is back and better than ever!

This year's national holiday, er... sale, will take place on Saturday, June 24th for one day only. Customers can purchase $1 solid-colored flip-flops for the whole family in-stores and, for the first time since 2005, online as well.

WATCH: Flip-Flop Cookies

Diehard fans typically line up hours before the main event begins, so plan to get there as early as possible. Select stores even plan to open their doors at 7 a.m.—two hours earlier than usual—to maximize shopping time. Old Navy cardholders, however, are invited to skip the flip-flop frenzy at an exclusive in-store pre-sale on Saturday, June 17th. Lucky ducks!

Ahead of last year's sale, Julie Luker, the director of PR and partnerships at Gap Inc. and Old Navy, told Refinery29 that the one-day flip-flop event is the second biggest shopping day for the brand after Black Friday. "Customers start asking about the date as early as February," she added,.

Happy shopping, ya'll!