Item 2. Management's Discussion and Analysis of Financial Condition and Results
of Operations
The following discussion is intended to highlight significant changes in our
financial position as of September 24, 2008 and results of operations for the
quarter and three quarters ended September 24, 2008 compared to the quarter and
three quarters ended September 26, 2007. The forward-looking statements included
in Management's Discussion and Analysis of Financial Condition and Results of
Operations, which reflect our best judgment based on factors currently known,
involve risks, uncertainties, and other factors which may cause our actual
performance to be materially different from the performance indicated or implied
by such statements. Such factors include, among others: competitive pressures
from within the restaurant industry; the level of success of our operating
initiatives and advertising and promotional efforts; adverse publicity; changes
in business strategy or development plans; terms and availability of capital;
regional weather conditions; overall changes in the general economy (including
with regard to energy costs), particularly at the retail level; political
environment (including acts of war and terrorism); and other factors included in
the discussion below or in Part II. Item 1A. Risk Factors in this Quarterly
Report on Form 10-Q, or in Part II. Item 7. Management's Discussion and Analysis
of Financial Condition and Results of Operations and Part I. Item 1A. Risk
Factors, contained in our Annual Report on Form 10-K for the year ended December
26, 2007.