The 2026 Carl's Jr. FDD moves the Item 7 estimated initial investment range from $1,486,000–$3,176,500 to $1,816,500–$3,304,700, and the system contracts from 1,032 to 992 outlets year-over-year. Both filings include an Item 19 financial performance representation.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Low end of range | $1,486,000 | $1,816,500 | +$330,500 (+22.2%) |
| High end of range | $3,176,500 | $3,304,700 | +$128,200 (+4.0%) |
| Full range | $1,486,000–$3,176,500 | $1,816,500–$3,304,700 |
The 2026 filing puts the Item 7 estimated initial investment at $1,816,500–$3,304,700, versus $1,486,000–$3,176,500 in the 2025 filing. The low end moves by +$330,500 (+22.2%) and the high end moves by +$128,200 (+4.0%).
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Total outlets (Item 20) | 1,032 | 992 | −40 (−3.9%) |
Carl's Jr. reports 992 outlets in the 2026 FDD, versus 1,032 in the 2025 filing (−40 (−3.9%)).
Carl's Jr. included an Item 19 financial performance representation in both the 2025 and 2026 filings.