Full-Year Revenue and EPS Growth
Fiscal 2025 revenue grew 5.4% year-over-year and adjusted diluted EPS increased 4.5% to $1.17, reflecting overall progress versus the prior year.
Record Unit Growth and Global Expansion
Opened a record 345 new restaurants in 2025 (334 company-owned and 11 partner-operated), surpassing 4,000 company-owned restaurants; 21 openings in Canada (up 38% YoY) and significant expansion activity in Europe and the Middle East with plans to nearly double footprint in the region and enter Saudi Arabia.
Digital & Loyalty Momentum
Digital sales comprised 37.2% of total sales in Q4; active rewards members exceeded 21 million, with ~30% of sales realized through the rewards platform and loyalty comps in H2 that outpaced total comps by several hundred basis points.
Operational Improvements: High-Efficiency Equipment Rollout
350 restaurants had the full high-efficiency equipment package at year-end with rollout target of ~2,000 by year-end 2026; restaurants with the package are showing 'hundreds of basis points' improvement in comp sales and better guest satisfaction/taste scores.
Q4 Sales and Cash Position
Q4 sales rose 4.9% to $3.0 billion; company ended the quarter with $1.3 billion in cash, restricted cash and investments and no debt.
Menu Innovation and Early Promotional Wins
High-protein line launched early, driving a 35% increase in extra-protein incidence and a record digital sales day for the double-protein promotion; plan to run four limited-time offers in 2026 (including Chicken Al Pastor) to drive traffic and trial.
Share Repurchases and Capital Allocation
Purchased $742 million of stock in Q4 at an average $34.14 (record $2.4 billion for the full year at a $42.54 average); Board authorized an additional $1.8 billion buyback (about $1.7 billion remaining at quarter end).
Talent Development and Internal Promotions
23,000 internal promotions in 2025, including 100% of regional vice president roles promoted internally, ~83% of field leader positions and nearly 90% of restaurant management — reinforcing internal talent pipeline.