Expansion Plans - Smoothie King plans to open more than 90 new outlets in 2026, supported by a strong development pipeline and growth opportunities in key markets [1][4] - The company is initiating a franchisee incentive initiative aimed at specific states in the US to support this expansion, providing financial support to "growth-minded franchisees" [1] Menu Development - Alongside store expansion, Smoothie King is focusing on menu development, introducing new smoothies and bowls, and expanding its overall food range [2] - The company has added ovens across locations to support a broader menu following the launch of its toast offerings [2] Operational Improvements - Smoothie King has upgraded its technology to streamline operations and enhance guest experience [2] - In Q4 2025, the company opened 19 stores and signed 23 new franchise deals, contributing to its overall growth [2] Franchise Growth - In the previous year, Smoothie King added 74 locations and signed 101 franchise agreements across 47 designated market areas (DMAs) nationwide [3] - The company expanded into Utah and Minnesota and pursued non-traditional development, including a new location at Joint Base Andrews [3] Product Launches - Last August, Smoothie King launched its first food menu, Power Eats, across more than 1,200 locations in the US [4] - The company aims to build on its momentum by introducing a range of new products to support healthy habits for its guests [4]