Risk Factors Update Summary
- Expansion into international markets increases economic, political, and regulatory risks. Franchise restaurants in ten countries.
- Delays in new restaurant openings impact expenses. This affects financial targets and profitability.
- Failure to protect trademarks could harm brand image and competitive position, leading to legal fees.
- Increased labor costs due to competition, unionization, and minimum wage changes impact expenses.
- Changes in minimum and tipped wages could harm business operations and financial condition.
- Cybersecurity incidents could lead to delayed service offerings, disruptions, and unplanned expenses.
- Failure to comply with privacy laws may impede new product development and impact guest experience.
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=1289460&owner=exclude
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