Top 500 2026

Financing

Handel’s, and its 'analog' experience, is surging

The ice cream chain has been one of the country’s fastest-growing frozen dessert chains over the past decade, without the benefit of digital sales or crazy flavors.

Financing

In a sluggish burger business, volumes matter

The Bottom Line: Fast-food burger chain sales have slowed over the past two years as consumers have shifted to quality. But chains with at least $2 million in average unit volumes have been winning.

The Bottom Line: Fast-food sandwich chains and their low unit volumes have lost share to fast-casual brands with better quality reputations and more sustainable business models.

The Bottom Line: An analysis of restaurant chain performance since 2021 reveals an industry that reflects the U.S. consumer: bifurcated, but mostly struggling to keep up with prices.

The number of restaurant chains that have closed 10% or more of their locations has nearly doubled since 2023. But the industry was experiencing the same phenomenon just before the pandemic.

The Bottom Line: 7 Brew, Luckin Coffee, Dave’s Hot Chicken and Crumbl were all created in 2017 and have taken advantage of franchising, technology and social media to turn the industry on its head.

The clothing company has carved out a unique niche in casual dining with its combination of retail stores and restaurants that offer customers a sense of escape.

The Bottom Line: An analysis of Technomic Top 500 data showed some correlation between average check and sales performance, but it depended on segment and cuisine.

The smoothie chain that also sells food has had strong growth and customer value scores. Now it just needs to build brand awareness. It has a plan to do that.

According to the Technomic Top 500, the chicken fingers chain’s sales jumped by nearly 17% in 2025, while its unit count increased nearly 8%.

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