COVID-19 Pandemic	6 Months Ended
Jun. 14, 2020
Coronavirus Disease [Abstract]
COVID-19 Pandemic	11. COVID-19 Pandemic In December 2019, a novel coronavirus disease (“COVID-19”) was reported and in January 2020, the World Health Organization (“WHO”) declared it a Public Health Emergency of International Concern. On February 28, 2020, the WHO raised its assessment of the COVID-19 threat from high to very high at a global level due to the continued increase in the number of cases and affected countries, and on March 11, 2020, the WHO characterized COVID-19 as a pandemic. During the second quarter of 2020 in the midst of the COVID-19 pandemic, the Company continued to increase its U.S. Stores revenues. Supply Chain also remained operational, with minimal interruptions due to COVID-19 and experienced higher volumes as a result of the increases in store sales. However, the COVID-19 pandemic negatively impacted the Company’s International Franchise revenues due to temporary store closures in certain markets as well as changes in operating procedures and store hours resulting from actions taken to increase social distancing across its international markets. The Company is closely monitoring the impact of the pandemic on all aspects of its business and is unable at this time to predict the continued impact that COVID-19 will have on its business, financial position and operating results in future periods due to numerous uncertainties.

In December 2019, a novel coronavirus disease

(“COVID-19”)

was reported and in January 2020, the World Health Organization (“WHO”) declared it a Public Health Emergency of International Concern. On February 28, 2020, the WHO raised its assessment of the

COVID-19

threat from high to very high at a global level due to the continued increase in the number of cases and affected countries, and on March 11, 2020, the WHO characterized

COVID-19

as a pandemic.

During the second quarter of 2020 in the midst of

the

COVID-19

pandemic, the Company

continued to

increase its U.S. Stores revenues.

Supply Chain also remained operational, with minimal interruptions due to COVID-19 and experienced higher volumes as a result of the increases in store sales.

However, the

COVID-19

pandemic negatively impacted the Company’s International Franchise revenues due to temporary store closures

in certain markets as well as

changes in operating procedures and store hours resulting from actions taken to increase social distancing across its international markets. The Company is

closely monitoring the impact of the pandemic on all aspects of its business and is

unable at this time to predict the

continued

impact that

COVID-19

will have on its business, financial position and operating results in future periods due to numerous uncertainties.