| Revenue |
(4) Revenue The following table disaggregates our revenue by major source: | | | | | | | | | | | | | 13 Weeks Ended | | 26 Weeks Ended | | June 30, 2026 | | July 1, 2025 | | June 30, 2026 | | July 1, 2025 | Restaurant and other sales | $ | 1,672,913 | | $ | 1,503,974 | | $ | 3,299,602 | | $ | 2,944,316 | Royalties | | 6,555 | | | 7,468 | | | 12,508 | | | 14,245 | Franchise fees | | 508 | | | 612 | | | 1,032 | | | 1,141 | Total revenue | $ | 1,679,976 | | $ | 1,512,054 | | $ | 3,313,142 | | $ | 2,959,702 |
The following table presents a rollforward of deferred revenue-gift cards: | | | | | | | | | | | | | 13 Weeks Ended | | 26 Weeks Ended | | June 30, 2026 | | July 1, 2025 | | June 30, 2026 | | July 1, 2025 | Beginning balance | $ | 330,406 | | $ | 295,752 | | $ | 448,744 | | $ | 401,198 | Gift card activations, net of third-party fees | | 87,838 | | | 86,101 | | | 153,112 | | | 143,482 | Gift card redemptions and breakage | | (112,344) | | | (104,560) | | | (295,956) | | | (267,387) | Ending balance | $ | 305,900 | | $ | 277,293 | | $ | 305,900 | | $ | 277,293 |
We recognized restaurant sales of $58.6 million and $211.7 million for the 13 and 26 weeks ended June 30, 2026 related to amounts in deferred revenue as of December 30, 2025. We recognized restaurant sales of $53.0 million and $192.2 million for the 13 and 26 weeks ended July 1, 2025 related to amounts in deferred revenue as of December 31, 2024.
|