๐น Revenue: $415.8M (Est. $403.14M) ๐ข; UP +28% YoY
๐น EPS (Adj.): $0.26 (Est. $0.18) ๐ข
๐น Systemwide Same Shop Sales: +6.1%
๐น Company-Operated SSS: +7.8%
FY25 Outlook (Raised):
๐น Revenue: $1.59Bโ$1.60B (Est. $1.585B) ๐ข
๐น Adjusted EBITDA: $285Mโ$290M
๐น Same Shop Sales Growth: ~4.5%
๐น CapEx: $240Mโ$260M
๐น New Shop Openings: 160+
Other Q2 Metrics:
๐น Transaction Growth: +3.7% Systemwide | +5.9% Company-Operated
๐น New Shops Opened: 31 (30 company-operated)
๐น Gross Profit: $92.6M (vs. $70.0M YoY)
๐น Operating Income: $54.7M
๐น Net Income: $38.4M (vs. $22.2M YoY)
๐น Adjusted EBITDA: $89.0M (vs. $65.2M YoY); UP +36.6%
CEO Commentary (Christine Barone):
๐ธ โOur business continues to fire on all cylinders.โ
๐ธ โMomentum remains strong with transaction-driven sales growth and solid execution.โ
๐ธ โWeโre raising full-year guidance across revenue, comps, and adjusted EBITDA.โ