v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 27, 2025
Sep. 27, 2025
Jun. 28, 2025
Mar. 29, 2025
Dec. 28, 2024
Sep. 28, 2024
Jun. 29, 2024
Mar. 30, 2024
Jun. 28, 2025
Jun. 29, 2024
Sep. 27, 2025
Sep. 28, 2024
Dec. 27, 2025
Dec. 28, 2024
Dec. 30, 2023
Net revenue:                              
Total net revenue $ 460,102 $ 479,511 $ 475,213 $ 447,612 $ 427,206 $ 445,315 $ 454,524 $ 425,431 $ 922,825 $ 879,955 $ 1,402,336 $ 1,325,270 $ 1,862,438 $ 1,752,476 $ 1,710,040
Operating expenses:                              
Operating expense 381,905 428,404 428,164 392,855 411,411 397,126 382,171 361,949              
Selling, general, and administrative expenses   143,222 150,520 124,659   137,050 117,945 114,182 275,179 232,127 418,401 369,177 496,297 464,992 389,565
Depreciation and amortization   22,286 19,129 20,311   19,767 19,854 18,289 39,440 38,143 61,726 57,910 81,858 78,989 76,579
Asset impairment charges and lease terminations                         28,127 56,538 123,819
Total operating expenses 381,905 428,404 428,164 392,855 411,411 397,126 382,171 361,949 821,019 744,120 1,249,423 1,141,246 1,631,328 1,552,657 1,594,863
Operating income 78,197 51,107 47,049 54,757 15,795 48,189 72,353 63,482 101,806 135,835 152,913 184,024 231,110 199,819 115,177
Other expenses, net:                              
Interest expense, net   25,162 31,146 36,266   43,596 34,344 43,058 67,412 77,402 92,574 120,998 121,202 156,991 160,401
Foreign currency transaction (gain) loss, net   (5,671) (8,659) (471)   588 1,047 4,454 (9,130) 5,501 (14,801) 6,089 (14,715) 17,530 (4,078)
Loss on debt extinguishment   4,549       205         4,549 205 5,392 205 0
Other expenses, net   24,040 22,487 35,795   44,389 35,391 47,512 58,282 82,903 82,322 127,292 111,879 174,726 156,323
Income (loss) before taxes from continuing operations   27,067 24,562 18,962   3,800 36,962 15,970 43,524 52,932 70,591 56,732 119,231 25,093 (41,146)
Income tax (benefit) expense   (34,349) 8,130 5,454   15,163 14,372 6,390 13,584 20,762 (20,765) 35,925 (12,842) 24,547 5,636
Net income (loss) from continuing operations 40,717 61,416 16,432 13,508 (20,261) (11,363) 22,590 9,580 29,940 32,170 91,356 20,807 132,073 546 (46,782)
Gain on sale of discontinued operations, net of tax (3,196) 0 38,948 0         38,948   38,948   35,752 0 0
Net loss from discontinued operations, net of tax (16,337) (6,408) (1,336) (3,582) (286,552) (6,843) (964) (3,640) (4,918) (4,604) (11,326) (11,447) (27,663) (297,999) (752,149)
Net income (loss) $ 21,184 $ 55,008 $ 54,044 $ 9,926 $ (306,813) $ (18,206) $ 21,626 $ 5,940 $ 63,970 $ 27,566 $ 118,978 $ 9,360 $ 140,162 $ (297,453) $ (798,931)
Basic and Diluted (loss) earnings per share:                              
Continuing Operations (in dollars per share)   $ 0.37 $ 0.10 $ 0.08   $ (0.07) $ 0.14 $ 0.06 $ 0.18 $ 0.20 $ 0.56 $ 0.13 $ 0.80 $ 0 $ (0.29)
Discontinued Operations (in dollars per share)   (0.04) 0.23 (0.02)   (0.04) (0.01) (0.02) 0.21 (0.03) 0.17 (0.07) 0.05 (1.86) (4.65)
Net basic earnings (loss) per share (in dollars per share)   0.33 0.33 0.06   (0.11) 0.13 0.04 0.39 0.17 0.73 0.06 0.85 (1.86) (4.94)
Continuing Operations (in dollars per share) $ 0.25 0.37 0.10 0.08 $ (0.13) (0.07) 0.14 0.06 0.18 0.20 0.56 0.13 0.80 0 (0.29)
Discontinued Operations (in dollars per share) (0.12) (0.04) 0.23 (0.02) (1.79) (0.04) (0.01) (0.02) 0.21 (0.03) 0.17 (0.07) 0.05 (1.86) (4.65)
Net diluted earnings (loss) per share (in dollars per share) $ 0.13 $ 0.33 $ 0.33 $ 0.06 $ (1.92) $ (0.11) $ 0.13 $ 0.04 $ 0.39 $ 0.17 $ 0.73 $ 0.06 $ 0.85 $ (1.86) $ (4.94)
Weighted average shares outstanding                              
Basic (in shares)   163,900 162,833 160,568   159,804 159,795 159,631 161,701 159,713 162,434 159,743 162,836 160,319 161,917
Diluted (in shares)   165,124 164,150 161,818   159,804 160,765 160,604 162,984 160,683 163,686 160,713 163,852 161,210 161,917
Franchise royalties and fees                              
Net revenue:                              
Total net revenue   $ 50,824 $ 49,180 $ 44,710   $ 49,475 $ 50,029 $ 45,045 $ 93,890 $ 95,074 $ 144,714 $ 144,549 $ 190,085 $ 188,634 $ 190,367
Company-operated store sales                              
Net revenue:                              
Total net revenue   331,259 333,280 314,131   298,123 300,735 283,960 647,411 584,695 978,670 882,818 1,294,958 1,178,783 1,140,141
Operating expenses:                              
Operating expense   192,507 192,322 187,123   168,864 170,981 163,197 379,445 334,178 571,952 503,042 758,972 676,890 719,962
Advertising contributions                              
Net revenue:                              
Total net revenue   27,883 27,041 25,325   26,823 24,911 24,070 52,366 48,981 80,249 75,804 108,521 103,069 99,068
Operating expenses:                              
Operating expense   27,884 27,040 25,325   27,117 25,205 24,364 52,365 49,569 80,249 76,686 108,772 103,460 103,382
Supply and other revenue                              
Net revenue:                              
Total net revenue   69,545 65,712 63,446   70,894 78,849 72,356 129,158 151,205 198,703 222,099 268,874 281,990 280,464
Operating expenses:                              
Operating expense   $ 42,505 $ 39,153 $ 35,437   $ 44,328 $ 48,186 $ 41,917 $ 74,590 $ 90,103 $ 117,095 $ 134,431 $ 157,302 $ 171,788 $ 181,556