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System-Wide Sales
Measures total sales across every restaurant, including franchised units, giving a sense of the network’s overall health and customer demand. Rising system-wide sales can lift royalty and fee income and validate new openings, while flat or falling sales suggest broader demand weakness.Recent system-wide sales gains are being driven primarily by aggressive unit expansion rather than underlying comp growth—management confirmed openings are the engine while domestic same‑store sales remain pressured by weather and fuel. The key investor question is whether Smart Kitchen, loyalty and delivery improvements can convert new-store momentum into sustainable comp recovery in H2; if they do, margin and cash returns will re-rate, but if scaling stalls the company risks growth that is volume-heavy but weak at the unit level.
Date | System-Wide Sales |
|---|---|
Jun 30, 2026 | $1.40B |
Mar 31, 2026 | $1.40B |
Dec 31, 2025 | $1.30B |
Sep 30, 2025 | $1.40B |
Jun 30, 2025 | $1.30B |
Mar 31, 2025 | $1.30B |
Dec 31, 2024 | $1.20B |
Sep 30, 2024 | $1.20B |
Jun 30, 2024 | $1.20B |
Mar 31, 2024 | $1.00B |