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Restaurant Count
Tracks the number of company-owned and licensed locations, indicating the pace of geographic expansion and market reach. Faster unit growth can drive revenue and scale benefits, but also raises capital needs and potential cannibalization or execution risk if openings outpace demand.Restaurant Count has accelerated steadily, reaching 679 by Mar‑2026, consistent with management’s record openings and guidance for 60–65 company‑operated and 40–45 licensed openings in 2026. Rapid unit growth underpins strong top‑line momentum but is increasing preopening and G&A spend, contributing to near‑term EBITDA volatility; licensing exposure from Middle East closures adds downside risk. If digital, loyalty and efficiency gains sustain traffic and margins, the rollout should drive multi‑year revenue and unit economics improvement—near‑term profit swings expected, long‑term growth intact.
Date | Restaurant Count |
|---|---|
Jun 30, 2026 | 703.00 |
Mar 31, 2026 | 679.00 |
Dec 31, 2025 | 659.00 |
Sep 30, 2025 | 630.00 |
Jun 30, 2025 | 610.00 |
Mar 31, 2025 | 589.00 |
Dec 31, 2024 | 579.00 |
Sep 30, 2024 | 552.00 |
Jun 30, 2024 | 536.00 |
Mar 31, 2024 | 525.00 |