12 unchanged sentences
Our Chili’s domestic Company-owned and franchise-operated restaurants are located in 49 states.
−Removed: We and our franchisees also have Chili’s restaurants in two United States territories, Guam and Puerto Rico, and 27 other countries:
−Removed: Bahrain, Canada, Chile, China, Costa Rica, the Dominican Republic, Ecuador, Egypt, Germany, Guatemala, Honduras, India, Japan, Kuwait, Lebanon, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Qatar, Saudi Arabia, South Korea, Sri Lanka, Taiwan, and Tunisia.
+Added: Our franchisees also operate Chili’s restaurants in two United States territories, Guam and Puerto Rico, and 27 other countries:
+Added: Bahrain, Canada, Chile, China, Costa Rica, the Dominican Republic, Ecuador, Egypt, Germany, Guatemala, Honduras, India, Japan, Kuwait, Lebanon, Malaysia, Mexico, Morocco, Peru, Philippines, Qatar, Saudi Arabia, South Korea, Sri Lanka, Taiwan, Tunisia, and the United Arab Emirates.
+Added: Our Chili’s international Company-owned restaurants are all located in Canada.
Our Maggiano’s Company-owned and franchise-operated restaurants are located in 23 states and Washington, D.C.
−Removed: As of June 26, 2024, 1,121 of the 1,171 Company-owned restaurant locations are leased.
−Removed: These leased restaurant locations can be categorized as follows:
−Removed: 771 ground leases (where we lease land only, but construct the building and leasehold improvements) and 350 retail leases (where we lease the land/retail space and building, but construct the leasehold improvements).
−Removed: Our leased restaurants typically have an initial lease term of 10 to 20 years, with one or more renewal terms ranging from one to 10 years.
+Added: As of June 25, 2025, 1,108 of the 1,162 Company-owned restaurant locations are leased, including 765 ground leases and 343 retail leases.
+Added: Our leased restaurants typically have an initial lease term of 10 to 20 years, with one or more renewal terms ranging from 3 to 10 years.
The leases typically provide for a fixed rental or a fixed rental plus percentage rentals based on sales volume.
−Removed: During fiscal 2024, we sold Land related to one closed restaurant, with a book value of $1.2 million and we purchased the Land and Buildings for one restaurant that was previously leased.
−Removed: As of June 26, 2024, the net book value of our owned restaurant locations includes Land of $41.6 million and Buildings of $13.7 million.
Other Properties
5 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.