Revenue

-7.0% ($29.3 million decline) " " "

**Revenue fell due to a 6.5% drop in comparable restaurant revenue and a 9.4% decrease in guest count, partially offset by a 2.9% rise in average guest check. These factors together resulted in a decline compared to the previous period. " " " **

Labor Costs

+2.4% (to $148.96 million; from 35.7% to 39.3% of revenue) " "

**Rising labor costs, driven by increased investments in workforce, higher workers’ compensation, and health insurance expenses, led to an increased proportion of revenue devoted to labor compared to the prior period. " " **

Adjusted EBITDA

Declined from $35.9 million to $12.2 million " "

**The substantial drop in adjusted EBITDA reflects the dual impact of declining revenues and rising cost pressures from labor and other operating expenses relative to the prior period. " " **

Net Loss

Increased from $3.3 million to $9.5 million " "

**An increase in net loss resulted from the combined effects of lower revenues, heightened cost pressures, and strategic investments that impacted margins compared to the previous period. " " **

Comparable Restaurant Sales (Q2 2025)

Expected -3% " "

**For Q2 2025, a decline of approximately 3% is anticipated, mainly because the previous period benefited from a 240 basis point uplift due to a favorable loyalty program, a benefit that is not expected to recur. " " **

Adjusted EBITDA (Q2 2025 Guidance)

Guided range: $13M to $16M " "

**The Q2 2025 adjusted EBITDA guidance reflects anticipated cost pressures—including tariffs and macroeconomic headwinds—which contrast with prior periods that enjoyed relatively better margins. " " **