v3.26.3
Segment Reporting
 9 Months Ended
Sep. 29, 2026
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company’s Chief Operating Decision Maker (“CODM”) is the senior executive team that includes the President and Chief Executive Officer and the Chief Financial Officer. The Company has one reportable operating segment. The one reportable segment derives its revenue from company-owned restaurants and franchise owned restaurants. No guest accounts for 10% or more of the Company’s revenues. The Company’s CODM uses income (loss) from operations to evaluate performance and make key operating decisions, such as deciding the rate at which we invest resources into the segment.

The following table presents selected financial information with respect to our single reportable segment regularly reviewed by our CODM (in thousands):
Fiscal Quarter EndedThree Fiscal Quarters Ended
September 29,
2026		September 30,
2025		September 29,
2026		September 30,
2025
Revenue:
Restaurant revenue$118,509 $119,579 $364,750 $364,686 
Franchising royalties and fees, and other2,363 2,507 6,945 7,627 
Total segment revenue
120,872 122,086 371,695 372,313 
Less:
Cost of sales29,347 30,709 91,259 95,862 
Labor34,908 37,499 108,056 116,174 
Occupancy9,773 11,076 30,292 33,963 
Other restaurant operating costs24,696 24,558 75,780 74,628 
General and administrative13,583 12,272 39,954 37,486 
Depreciation and amortization5,672 6,604 17,553 20,833 
Pre-opening— 6 — 226 
Restaurant impairments, closure costs and asset disposals2,748 5,681 11,009 20,625 
Total segment expenses
120,727 128,405 373,903 399,797 
Segment income (loss) from operations$145 $(6,319)$(2,208)$(27,484)
Reconciliation:
Interest expense, net2,288 2,827 7,276 8,227 
Consolidated loss before income taxes$(2,143)$(9,146)$(9,484)$(35,711)
September 29,
2026		December 30,
2025
Other segment disclosures (in thousands):
Total long-lived assets (1)
$205,181 $233,678 
Total assets$233,178 $261,671 
_____________________
(1)Long-lived assets include the Company’s property and equipment and operating lease assets presented in the Condensed Consolidated Balance Sheets.