01The Read
Midwest fast-casual chain known for ButterBurgers and frozen custard
7412019
7302020
7402021
7472022
7682023
7632024
7722025
SOURCE: QSR PRO ESTIMATES
02Our Coverage
Gabriel Vesci opens Paris Baguette after years running McDonald’sSep 15, 2026Wendy's Project Fresh Hits a Wall: U.S. Same-Store Sales Drop 11.3% as the Turnaround StallsMar 20, 2026Freddy's Frozen Custard: the premium burger value play
Mar 20, 2026How Culver's Quietly Became the Midwest's Most Profitable FranchiseMar 20, 2026Culver's: the Midwest's best-kept QSR secretMar 20, 2026Whataburger: why Texas won't share its burger chainMar 20, 2026
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