Our Support Center is located in Louisville, Kentucky.
−Removed: We occupy this facility under a master lease with Paragon Centre Holdings, LLC, a limited liability company in which we have a minority ownership position.
−Removed: As of December 31, 2024, we leased 133,023 square feet.
−Removed: Our lease expires on October 31, 2048, including all applicable extensions.
+Added: In 2025, we purchased this facility from Paragon Centre Holdings, LLC, a limited liability company in which we held a minority ownership interest.
+Added: As of December 30, 2025, we own the entire facility, which includes land of approximately 7.8 acres and multiple buildings that comprise approximately 133,023 square feet of space.
As of December 30, 2025, we owned and operated 714 company restaurants.
−Removed: Of the 666 company-owned restaurants, 153 restaurants were on owned sites and 513 restaurants were on leased sites.
+Added: Of the 714 company restaurants, 158 restaurants were on owned sites and 556 restaurants were on leased sites.
These leased sites are classified as either land leases (where we lease the land and construct the building and leasehold improvements) or land and building or in-line space leases (where we lease the land, building, or in-line space and construct leasehold improvements as necessary).
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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.