Risk Factors Update Summary
- Investments in drive-thru options require significant capital expenditures, impacting expected returns.
- Menu innovation and collaborations may lead to the expansion of existing menu items.
- Increased focus on ESG may result in new laws, regulations, and higher costs.
- Inflation rates impacting food prices may lead to changes in guest visit frequencies.
- Ownership changes could limit the utilization of NOLs, affecting future taxable income.
- Privacy and cybersecurity regulations may cause interruptions or delays in business operations.
- Non-controlling interest holders control approximately 16.2% of the combined voting power.
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=1620533&owner=exclude
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