Revenues

3 Months Ended

Mar. 29, 2026

Revenue from Contract with Customer [Abstract]

Revenues

Revenues

The following table disaggregates our franchise revenues by major type:

	Three Months Ended
	March 29, 2026		March 30, 2025
Franchise Revenues	(In millions)
Royalties	$	75.2	$	76.3
Advertising fees	71.0		70.5
Proprietary product sales and other	16.2		17.1
Franchise and development fees	2.5		2.4
Total franchise revenues	$	164.9	$	166.2

Changes in the Company's contract liability for deferred franchise and development fees during the three months ended March 29, 2026 were as follows:

	Deferred Franchise Revenue
	(In millions)
Balance at December 28, 2025	$	39.8
Recognized during the three months ended March 29, 2026	(2.4)
Deferred during the three months ended March 29, 2026	1.5
Balance at March 29, 2026	$	38.9

The balance of deferred franchise revenue as of March 29, 2026 is expected to be recognized as follows:

Fiscal Years	(In millions)
2026 (remaining nine months)	$	4.1
2027	4.7
2028	3.8
2029	3.2
2030	3.0
Thereafter	20.1
Total	$	38.9