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Industry Analysis

Chain rankings, earnings, trends, competition, regulation

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Industry Analysis

Wingstop's 10,000-Unit Vision: Inside the Fastest-Growing Wing Chain's Global Playbook

Wingstop opened 493 net new restaurants in 2025, reaching 3,056 locations at a 19.2% unit growth rate that outpaces almost every major QSR brand. With 2026 guidance set at 15-16% more global unit development and a long-term vision of 10,000 locations, the Dallas-based wing chain is building a case that it belongs in the same conversation as Domino's and Subway.

MAR 24, 2026 · 8 MIN READ
industry
Industry Analysis

The Fried Chicken Boom: Why Chicken Chains Are Adding 750+ New Locations in 2026

While overall QSR franchise growth has stalled at 0.5%, fried chicken chains are on a tear. Dave's Hot Chicken, Wingstop, Slim Chickens, and Raising Cane's are collectively planning 750+ new locations in 2026, fueled by favorable protein economics, cult-level brand loyalty, and white space in markets that legacy burger chains already saturated.

MAR 24, 2026 · 9 MIN READ
industry
Industry Analysis

Jollibee's Quiet American Invasion: From Filipino Favorite to 500-Unit U.S. Chain

Jollibee Foods Corporation is pursuing one of the most aggressive international expansion plays in quick service, targeting 500 U.S. locations by 2030 with a U.S. IPO on the horizon. Here's what operators and investors need to understand about the $4.5 billion Filipino giant's American bet.

MAR 24, 2026 · 9 MIN READ
industry
Industry Analysis

Jack in the Box Enters Survival Mode: A 75-Year-Old Chain's Fight to Stay Relevant

Jack in the Box is closing up to 200 locations, sitting on $1.7 billion in debt, and posting its second straight quarter of 7%-plus sales declines. New CEO Lance Tucker's 'Jack on Track' plan is the chain's last clear shot at a sustainable future.

MAR 24, 2026 · 8 MIN READ
industry
Industry Analysis

Chili's Just Posted Six Straight Quarters of Double-Digit Sales Growth. Fast Food Should Be Worried.

Something unexpected is happening in American dining: a sit-down restaurant chain with table service is beating fast food at its own game. Chili's has posted six consecutive quarters of double-digit same-store sales growth, driven by a $10.99 combo that directly competes with McDonald's and Wendy's value meals. For QSR operators, the implications are serious.

MAR 24, 2026 · 7 MIN READ
industry
Industry Analysis

Popeyes Is in Trouble: Sales Down Four Straight Quarters, Its Biggest Franchisee Just Filed Bankruptcy

Six years after the chicken sandwich that broke the internet, Popeyes is facing a very different kind of attention. Same-store sales fell for four consecutive quarters in 2025, and Sailormen Inc., one of the chain's largest franchisees with 136 locations across Florida and Georgia, filed Chapter 11 in January 2026 with $342 million in liabilities against $232 million in assets.

MAR 24, 2026 · 7 MIN READ
industry
Industry Analysis

Restaurant Brands International's 2028 Growth Algorithm: Can Burger King, Tim Hortons, and Popeyes Deliver?

RBI has reaffirmed its target of 8%-plus organic operating income growth through 2028 and plans to return $1.6 billion to shareholders in 2026. With Burger King's turnaround still proving itself, Tim Hortons expanding internationally, and Popeyes moderating, the question is whether the math works.

MAR 24, 2026 · 8 MIN READ
industry
Industry Analysis

Chick-fil-A's Daybright Cafe Is Its Biggest Strategic Bet in Decades

Chick-fil-A is testing a standalone beverage concept called Daybright, its first venture outside the core chicken restaurant format. With Starbucks in turnaround mode and the U.S. specialty beverage market worth over $48 billion, the timing could not be better.

MAR 24, 2026 · 8 MIN READ
CAVA Q1 2026: Traffic and expansion lift sales
Industry Analysis

CAVA Q1 2026: Traffic and expansion lift sales

CAVA reported 32.1% Q1 revenue growth.

MAR 24, 2026 · 3 MIN READ
industry
Industry Analysis

Dutch Bros' Breakout Year: How a Drive-Thru Coffee Chain Is Outrunning Starbucks

Dutch Bros posted $1.64 billion in 2025 revenue, a 27.9% jump, while expanding to 1,136 locations and guiding toward $2 billion in 2026. As Starbucks stumbles through a complicated turnaround, the Oregon-born drive-thru chain is writing a different kind of growth story.

MAR 24, 2026 · 9 MIN READ
industry
Industry Analysis

Burger King's $350 Million China Bet: RBI and CPE Target 4,000 Restaurants by 2035

Restaurant Brands International has completed a joint venture with CPE that injects $350 million into Burger King China, targeting 4,000 locations by 2035. With CPE taking 83% ownership and a 20-year master development agreement in place, this is the biggest QSR international expansion bet of 2026.

MAR 24, 2026 · 8 MIN READ
industry
Industry Analysis

Raising Cane's Explosive Growth: How a One-Item Menu Built a Global Expansion Machine

While major chains shutter hundreds of locations, Raising Cane's is opening nearly 100 new company-owned restaurants in 2026 and launching into London and Mexico. The privately held chicken finger chain's radical simplicity is proving to be its greatest competitive advantage.

MAR 24, 2026 · 8 MIN READ