The brand will also scale back its company-owned development starting next year and sell off real estate to pay down debt.

Morrison, former CEO of Wingstop and Salad and Go, takes over for Peter Cancro, who has led the chain for 50 years.

The fast casual giant — a sales overperformer in 2024 — said its comparable transactions fell in what could be an early ...

Hart, who led the brand through the first two years of its “North Star” reinvention plan, will be replaced by Board Chairman ...