Competition And CostsRisks affecting the stock include competition, low customer visit frequency, and inflationary labor cost pressures.
Financial PerformanceEBITDA missed estimates, impacted by lower sales, higher pre-opening given timing, incremental repairs and maintenance, utilities, and marketing spend.
Market ChallengesDespite some stabilization, the year-over-year revenue decline and negative same-store sales indicate challenges in the current market environment.