Segment Information (Tables)

6 Months Ended

Jun. 28, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information for the Company’s reportable segment is as follows (in thousands):


			Thirteen Weeks Ended												Twenty-Six Weeks Ended
			June 28, 2025						June 29, 2024						June 28, 2025						June 29, 2024
Revenue:
Royalty revenue, franchise fees and other			$	79,889					$	71,160					$	158,664					$	138,257
Advertising fees			61,962						54,654						124,234						104,803
Company-owned restaurant sales			32,478						29,885						62,525						58,428
Total revenue			174,329						155,699						345,423						301,488
Cost of sales:
Food, beverage and packaging costs			11,937						10,695						23,178						20,596
Labor			7,441						6,987						14,594						13,663
Other operating costs			5,821						5,757						11,012						11,167
Vendor rebates			(794)						(766)						(1,544)						(1,482)
Total cost of sales			24,405						22,673						47,240						43,944
Advertising expenses			65,533						58,548						131,328						111,740
Selling, general & administrative:
Transaction costs			—						—						497						—

System implementation costs			1,534						—						2,846						—
Stock-based compensation expense			6,217						4,926						11,529						8,738
Other segment expense (1)			25,186						23,171						49,505						44,537
Total selling, general and administrative			32,937						28,097						64,377						53,275
Depreciation and amortization			6,220						5,161						12,448						8,571
Loss on disposal of assets			—						—						6,535						—
Interest expense, net			8,469						5,200						17,379						9,744

Investment income, net			—						(471)						(93,839)						(774)
Income tax expense			10,002						9,006						40,927						18,756
Net income			$	26,763					$	27,485					$	119,028					$	56,232

(1) Other segment expense consists primarily of corporate related items such as headcount-related expenses, office rent expense, and other overhead costs.