v3.26.3
GOODWILL AND INTANGIBLE ASSETS (Tables)
 9 Months Ended
Sep. 27, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of Goodwill consist of the following:

Balance as of December 28, 2025$395 
Acquisition of franchised stores13 
Sale of company-owned stores(1)
Balance as of September 27, 2026$407 
Schedule of Intangible Asset, Finite-Lived
Intangible assets, net consist of the following as of September 27, 2026 and December 28, 2025:

As of September 27, 2026As of December 28, 2025
Gross Carrying ValueAccumulated AmortizationNet BalanceGross Carrying ValueAccumulated AmortizationNet Balance
Indefinite-lived Assets
Trade name$5,710 $— $5,710 $5,710 $— $5,710 
Definite-lived Assets
Franchise agreements(a)
$1,757 $150 $1,607 $1,757 $84 $1,673 
Technology(b)
61 19 42 56 10 46 
Reacquired franchise rights(c)
9 1 8 — — — 
Sub-total$1,827 $170 $1,657 $1,813 $94 $1,719 
Total intangible assets$7,537 $170 $7,367 $7,523 $94 $7,429 
(a)Estimated useful life is 20 years.
(b)Technology is internally developed and includes the Company’s website, app, and point-of-sale system. The useful life is five years for the technology valued as part of the sponsor acquisition and all other capitalized software development costs.
(c)Reacquired franchise rights represent contractual rights previously granted to franchise owners that were reacquired by the Company. The useful life varies based on the remaining term of the reacquired agreement, ranging up to eight years.
Schedule of Intangible Asset, Indefinite-Lived
Intangible assets, net consist of the following as of September 27, 2026 and December 28, 2025:

As of September 27, 2026As of December 28, 2025
Gross Carrying ValueAccumulated AmortizationNet BalanceGross Carrying ValueAccumulated AmortizationNet Balance
Indefinite-lived Assets
Trade name$5,710 $— $5,710 $5,710 $— $5,710 
Definite-lived Assets
Franchise agreements(a)
$1,757 $150 $1,607 $1,757 $84 $1,673 
Technology(b)
61 19 42 56 10 46 
Reacquired franchise rights(c)
9 1 8 — — — 
Sub-total$1,827 $170 $1,657 $1,813 $94 $1,719 
Total intangible assets$7,537 $170 $7,367 $7,523 $94 $7,429 
(a)Estimated useful life is 20 years.
(b)Technology is internally developed and includes the Company’s website, app, and point-of-sale system. The useful life is five years for the technology valued as part of the sponsor acquisition and all other capitalized software development costs.
(c)Reacquired franchise rights represent contractual rights previously granted to franchise owners that were reacquired by the Company. The useful life varies based on the remaining term of the reacquired agreement, ranging up to eight years.
Schedule of Estimated Future Amortization Expense
Estimated future amortization expense for the next five years and thereafter as of September 27, 2026, is as follows:

2026$25 
2027102 
2028102 
2029102 
203091 
Thereafter1,235 
Total$1,657