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v3.25.2

Revenue | 6 Months Ended
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Jul. 01, 2025
Revenue |
Revenue | (4) Revenue ​ The following table disaggregates our revenue by major source: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | 13 Weeks Ended | ​ | 26 Weeks Ended
​ | July 1, 2025 | ​ | June 25, 2024 | ​ | July 1, 2025 | ​ | June 25, 2024
Restaurant and other sales | $ | 1,503,974 | ​ | $ | 1,333,642 | ​ | $ | 2,944,316 | ​ | $ | 2,647,794
Royalties | ​ | 7,468 | ​ | ​ | 6,945 | ​ | ​ | 14,245 | ​ | ​ | 13,793
Franchise fees | ​ | 612 | ​ | ​ | 615 | ​ | ​ | 1,141 | ​ | ​ | 832
Total revenue | $ | 1,512,054 | ​ | $ | 1,341,202 | ​ | $ | 2,959,702 | ​ | $ | 2,662,419
​ The following table presents a rollforward of deferred revenue-gift cards: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | 13 Weeks Ended | ​ | 26 Weeks Ended
​ | July 1, 2025 | ​ | June 25, 2024 | ​ | July 1, 2025 | ​ | June 25, 2024
Beginning balance | $ | 295,752 | ​ | $ | 266,482 | ​ | $ | 401,198 | ​ | $ | 373,913
Gift card activations, net of third-party fees | ​ | 86,101 | ​ | ​ | 78,643 | ​ | ​ | 143,482 | ​ | ​ | 134,882
Gift card redemptions and breakage | ​ | (104,560) | ​ | ​ | (94,640) | ​ | ​ | (267,387) | ​ | ​ | (258,310)
Ending balance | $ | 277,293 | ​ | $ | 250,485 | ​ | $ | 277,293 | ​ | $ | 250,485
​ We recognized restaurant sales of $53.0 million and $192.2 million for the 13 and 26 weeks ended July 1, 2025, respectively, related to amounts in deferred revenue as of December 31, 2024. We recognized restaurant sales of $46.1 million and $184.0 million for the 13 and 26 weeks ended June 25, 2024, respectively, related to amounts in deferred revenue as of December 26, 2023.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
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