13 unchanged sentences
$ 100.00 $ 140.30 $ 127.89 $ 165.63 $ 159.43 $ 185.53
−Removed: (1) The S&P Restaurants Index is comprised of Chipotle Mexican Grill, Inc., Darden Restaurants, Inc., Domino’s Pizza Inc., McDonald’s Corp., Starbucks Corp., and Yum!
+Added: (1) The S&P Restaurants Index is comprised of Chipotle Mexican Grill, Inc., Darden Restaurants, Inc., Domino’s Pizza, Inc., DoorDash, Inc., McDonald’s Corp., Starbucks Corp., and Yum!
Share Repurchase Program
Our Board of Directors approved a $300.0 million share repurchase program in August 2021.
−Removed: The Company repurchased 0.7 million shares of our common stock for $21.0 million in fiscal 2024.
−Removed: The Company did not repurchase any shares under the repurchase program in fiscal 2023, and the Company repurchased 2.3 million shares of our common stock for $96.0 million in fiscal 2022.
+Added: The Company repurchased 1.0 million shares of our common stock for $76.0 million in fiscal 2025 and 0.7 million shares of our common stock for $21.0 million in fiscal 2024.
+Added: The Company did not repurchase any shares under the repurchase program in fiscal 2023.
During the thirteen week period ended June 25, 2025, we repurchased shares as follows (in millions, except per share amounts, unless otherwise noted):
4 unchanged sentences
Under the Program (2)
−Removed: March 28, 2024 through May 1, 2024 0.003 $ 49.45 — $ 183.0
+Added: March 27, 2025 through April 30, 2025 0.004 $ 150.42 — $ 107.0
May 1, 2025 through May 28, 2025 — — — 107.0
2 unchanged sentences
(1) These amounts include shares purchased as part of our publicly announced programs and shares owned and tendered by team members to satisfy tax withholding obligations on the vesting of restricted share awards, which are not deducted from shares available to be purchased under publicly announced programs.
−Removed: Shares owned and tendered by team members to satisfy tax withholding obligations were purchased at the average of the high and low prices of the Company’s shares on the date of vesting.
+Added: Unless otherwise indicated, s hares owned and tendered by team members to satisfy tax withholding obligations were purchased at the average of the high and low prices of the Company’s shares on the date of vesting.
In the fourth quarter of fiscal 2025, 23,133 shares were tendered by team members at an average price of $169.91.
−Removed: (2) The final amount shown is as of June 26, 2024.
+Added: (2) Subsequent to fiscal 2025 year end, our Board of Directors authorized an additional $400.0 million under our share repurchase program, allowing for a total available authority of $507.0 million.
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.