🔹 EPS: $0.07 (Est. $0.00) 🟢
🔹 Revenue: $342.8M (Est. $317.80M) 🟢; UP +34.9% YoY
🔹 Adj EBITDA: $48.8M (Est. $38.26M) 🟢; UP +41.2% YoY
Q1'25 Guidance:
🔹 Revenue: $331.85M (Est. $331.85M) 🟡
🔹 Adjusted EBITDA: Between $265M and $275M
Segment Highlights (Q4 2024):
🔹 Company-Operated Shops:
Revenue: $314.2M (Est. $289.59M) 🟢; UP +38.2% YoY
Gross Margin: 21.4%, UP +280 bps YoY
Contribution Margin: 28.9%, UP +240 bps YoY
Same Shop Sales:
🔸 System: +6.9% YoY
🔸 Company-Operated: +9.5% YoY
Shop Openings:
🔸 Total: 32 new shops (25 company-operated)
Strategic & Shareholder Updates:
🔸 Plans for 160+ new shops in 2025
🔸 Expanding transaction growth initiatives with mobile ordering and throughput enhancements in 2025
🔸 Long-term focus on food offering expansions starting in 2026
Management Commentary:
🔸 Christine Barone, CEO:
"We delivered exceptional performance in the fourth quarter, driven by 35% revenue growth and strong same shop sales. Our multi-year transaction-driving initiatives position us for sustained growth, with exciting opportunities for innovation and customer engagement in 2025 and beyond."