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Company-owned Store Transactions
3 Months Ended
Mar. 26, 2023
Business Combinations [Abstract]  
Company-owned Store Transactions

9. Company-owned Store Transactions

 

During the first quarter of 2023, the Company refranchised one U.S. Company-owned store for proceeds of less than $0.1 million. The pre-tax refranchising loss associated with the sale of the related assets and liabilities, including goodwill, was approximately $0.1 million. The refranchising loss associated with the sale of this store was recorded in refranchising loss in the Company’s condensed consolidated statements of income.