Reportable Segments (Tables)

12 Months Ended

Dec. 28, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Information on segments and a reconciliation of segment operating profit to income before income taxes is as follows:

	2025
	Franchise		Company-Owned Restaurants		Rental		Total
	(In millions)
Revenues	$	665.5	$	104.6	$	109.3	$	879.3
Less: Advertising revenue	281.8		—		—		281.8
Revenues excluding advertising revenue	383.7		104.6		109.3		597.5
Less:
Interest expense from finance leases	—		—		2.7		2.7
Depreciation and amortization	0.6		3.1		9.6		13.3
Other segment items(a)	40.8		109.5		71.9		222.2
Segment profit	342.3		(8.1)		25.0		359.3
Stock based compensation (direct)	3.6		—		—		3.6
Gain on disposition of assets	(0.5)		—		—		(0.5)
Other G&A expenses (direct and allocated)	125.0		7.9		—		132.9
Segment operating profit	$	214.2	$	(16.0)	$	25.0	$	223.3
Reconciliation of segment operating profit
Segment operating profit							$	223.3
Depreciation and amortization (unallocated)							17.5
Stock based compensation (unallocated)							9.6
Other G&A expenses (unallocated)							40.2
Interest expense, net							78.0
Closure and impairment charges							40.0
Amortization of intangible assets							11.9
Loss on extinguishment of debt							0.9
Income before income taxes							$	25.2

	2024
	Franchise		Company-Owned Restaurants		Rental		Total
	(In millions)
Revenues	$	686.0	$	9.3	$	117.1	$	812.3
Less: Advertising revenue	290.4		—		—		290.4
Revenues excluding advertising revenue	395.5		9.3		117.1		521.9
Less:
Interest expense from finance leases	—		—		2.9		2.9
Depreciation and amortization	1.4		(0.6)		10.1		11.0
Other segment items(a)	48.0		10.5		74.2		132.7
Segment profit	346.1		(0.6)		29.9		375.3
Stock based compensation (direct)	5.7		—		—		5.7
Gain on disposition of assets	—		(2.2)		(1.0)		(3.2)
Other G&A expenses (direct and allocated)	119.3		—		—		119.3
Segment operating profit	$	221.1	$	1.6	$	30.9	$	253.5
Reconciliation of segment operating profit
Segment operating profit							$	253.5
Depreciation and amortization (unallocated)							17.4
Stock based compensation (unallocated)							10.2
Other G&A expenses (unallocated)							44.2
Interest expense, net							72.1
Closure and impairment charges							9.2
Amortization of intangible assets							10.8
Income before income taxes							$	89.5

	2023
	Franchise		Company-Owned Restaurants		Rental		Total
	(In millions)
Revenues	$	706.4	$	2.1	$	122.6	$	831.1
Less: Advertising revenue	300.8		—		—		300.8
Revenues excluding advertising revenue	405.6		2.1		122.6		530.3
Less:
Interest expense from finance leases	—		—		2.8		2.8
Depreciation and amortization	1.1		(0.2)		10.5		11.4
Other segment items(a)	42.5		2.4		74.6		119.4
Segment profit	362.0		0.0		34.7		396.7
Stock based compensation (direct)	2.5		—		—		2.5
Loss on disposition of assets	—		0.2		0.3		0.6
Other G&A expenses (direct and allocated)	126.9		—		—		126.9
Segment operating profit	$	232.5	$	(0.2)	$	34.4	$	266.7
Reconciliation of segment operating profit
Segment operating profit							$	266.7
Depreciation and amortization (unallocated)							13.3
Stock based compensation (unallocated)							9.5
Other G&A expenses (unallocated)							45.8
Loss on disposition of assets (unallocated)							1.8
Interest expense, net							70.0
Closure and impairment charges							3.6
Amortization of intangible assets							10.9
Income before income taxes							$	111.7

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(a)Segment items include:

Franchise: Costs of proprietary products, bad debt expense, pre-opening training expenses and other franchise-related costs.

Company-owned restaurants: Operating expenses at company-owned restaurants include food, beverage, labor, benefits, utilities, rent and other operating costs.

Rental: Costs of operating leases, such as rent expense, and interest expense of finance leases on franchisee-operated restaurants.