TTM20172016201520142013
Restaurant-level operating margin11.5%9.1%7.5%10.5%12.1%16.1%
Restaurant-level operating margin growth (bps)260158-301-155-403-188
Operating margin-2.5%-4.5%-27.8%6.3%-1.5%1.0%
Operating margin growth (bps)2,0712,334-3,418786-25577
Net profit margin-2.0%-3.9%-28.2%5.8%-1.6%0.9%
Net profit margin growth (bps)2,1642,431-3,400739-24878

Notes:Restaurant-level operating margin represents restaurant-level operating income, which equals company-operated restaurants sales minus company-operated restaurant costs, which includes cost of goods sold (food, beverage and packaging), labor, occupancy and other operating costs, expressed as a % of company-operated restaurant sales