System-wide sales rose 10% and Adjusted EBITDA grew 7%
System-wide sales grew 10% to $1.210 billion, with 83 new stores and 2.3% same-store sales growth. Net income fell 37% to $37 million, while Adjusted EBITDA rose 7% to $114 million.
3% same-store sales growth. Net income fell 37% to $37 million as higher expenses weighed on results, while Adjusted EBITDA rose 7% to $114 million. The company completed its IPO and used $301 million of the proceeds to repay debt.