01The Read
American Chinese fast-food chain
1,8782019
1,9292020
1,9942021
2,0452022
2,1482023
2,2182024
2,3762025
SOURCE: QSR PRO ESTIMATES
02Our Coverage
Bounteous and Deliverect link branded ordering with restaurant fulfillmentSep 15, 2026Panda puts brisket at the center of its summer barbecue dishSep 15, 2026Panda Express vs Wingstop: Two Models, One QuestionMar 20, 2026QSR in Airports and Stadiums: The Captive Audience PremiumMar 20, 2026QSR Real Estate Strategy: End Caps, Drive-Thrus, and the Land GrabMar 20, 2026How Wingstop's Asset-Light Model Created the Highest Franchisee Returns in QSRMar 20, 2026
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