System Optimization (Gains) Losses, Net (Tables)

3 Months Ended

Mar. 29, 2026

System Optimization Initiative

System Optimization (Gains) Losses, Net

Summary of Disposition Activity

The following is a summary of the disposition activity recorded as a result of our system optimization initiative:

	Three Months Ended
	March 29, 2026		March 30, 2025
Number of restaurants sold to franchisees	3		2
Proceeds from sales of restaurants (a)	$	1,804	$	55
Net assets sold (b)	(1,572)		(169)
Other	(232)		(25)
Loss on sales of restaurants, net	—		(139)
Gain on sales of other assets, net (c)	1,625		49
System optimization gains (losses), net	$	1,625	$	(90)

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(a)During the three months ended March 29, 2026, the Company received net cash proceeds of $1,804 related to the sale of three Company-operated restaurants as part of the Company’s strategic build to suit development fund. These proceeds are included within operating activities in the Company’s condensed consolidated statements of cash flows.

(b)Net assets sold consisted primarily of equipment.

(c)During the three months ended March 29, 2026, the Company received net cash proceeds of $2,796, primarily from the sale of surplus and other properties.