Raises: FY23 revenue view to $10.3B-$10.45B from $10.2B-$10.4B, consensus $10.31; Same-restaurant sales growth of 5%- 6.5 from 4%-6%%; 55 to 60 new restaurant openings; Total capital spending of $525M-$575M from $500M-$550M; Total inflation of approximately 7% vs. 6% prior; An effective tax rate of approximately 13% vs. 13.5% prior.
Published first on TheFly
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