Risk Factors Update Summary
- Opening new restaurants may adversely impact sales at existing restaurants and franchisees.
- Compliance with laws applicable to public companies may cause volatility in tax obligations.
- Significant increases in costs for eggs due to avian influenza outbreak in 2022.
- Dependence on frequent deliveries of fresh produce may result in increased distribution costs.
- Failure to enforce trademarks could negatively affect brand value and market acceptance.
- Increased adoption of artificial intelligence may intensify cybersecurity risks and vulnerabilities.
- Failure to comply with covenants under the Credit Agreement may impact financial condition.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1789940&owner=exclude
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