International Market GrowthInternational markets continue to be the bright spot, with international SWS growth at 8.7% and +1.8% SSS suggesting that the brand has the potential to penetrate in more geographies.
Management's Strategic InitiativesManagement's effort to swiftly address the traffic declines with new menu innovation, including chicken tenders and beverages planned, is applauded.
Shareholder ReturnsLowering true capital intensity of the business and reallocating funds to deleverage faster or return cash to shareholders is prioritized, with plans for significant shareholder returns through dividends and share repurchases.