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