QSR INDEXMCD 292.41 +0.8%SBUX 84.12 −1.2%YUM 148.77 +0.4%QSR 68.90 +1.1%CMG 48.15 −0.3%DPZ 421.55 +2.1%WING 244.63 +3.4%SHAK 96.20 −0.7%WEN 14.02 +0.2%69 CHAINS TRACKED · UPDATED DAILY

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Industry AnalysisMAR 24, 20267 MIN READ

Raising Cane's Opens Its 1,000th Restaurant on Hollywood Boulevard

Raising Cane's milestone 1,000th location on Hollywood Boulevard is more than a vanity number. It signals a brand with serious scale ambitions, a World Cup strategy, and a founder finally coming home.

Finance & EconomicsMAR 24, 20266 MIN READ

RBI Insiders Dump $32 Million in Stock as QSR Hits 12-Month High

Five Restaurant Brands International executives sold 435,191 shares worth $31.83 million in a three-month window that coincided with QSR stock reaching its highest point in a year. The coordinated selling raises questions investors need to weigh against management's confident 2028 growth targets.

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El Pollo Loco Beats Q4 Estimates, Outlines 18-20 New Openings and 65-75 Remodels for 2026

El Pollo Loco posted adjusted Q4 EPS of $0.25, beating consensus by $0.04, and unveiled an aggressive 2026 growth plan anchored by a smaller, cheaper store prototype and a push into non-traditional venues.

Industry AnalysisMAR 24, 20266 MIN READ

MCL Restaurant and Bakery Shrinks to Seven Locations After 76 Years of Cafeteria-Style Dining

MCL, once a 30-location Midwest cafeteria institution, is closing five more units this month and citing years of declining sales. What the chain's collapse reveals about America's dying cafeteria format.

People & CultureMAR 24, 20267 MIN READ

Yum Brands After Gibbs: Chris Turner Inherits a 59,000-Restaurant Empire and an Unfinished AI Transformation

Chris Turner stepped into the Yum Brands CEO seat in October 2025 after three decades of operational DNA built by David Gibbs. A financial architect taking the wheel of the world's largest fast food company by unit count raises real questions about execution versus analysis, especially as Yum's AI bet scales toward 60,000 locations and Pizza Hut bleeds stores.

Operations & ManagementMAR 24, 20267 MIN READ

No Tax on Tips: What the Federal $25,000 Exemption Means for QSR Operators

The One Big Beautiful Bill Act introduces a $25,000 federal income tax exemption on tips, triggering a cascade of state copycat bills and mandatory payroll system changes. Here is what QSR operators need to understand about compliance, worker pay, and the long game.

Industry AnalysisMAR 24, 20268 MIN READ

Wonder's $7 Billion Bet: How Marc Lore's Food Hall Model Is Rewriting the Multi-Brand Playbook

Marc Lore's Wonder has raised $600 million at a $7 billion valuation and acquired Grubhub for $650 million, building a food hall concept that promises to solve what ghost kitchens never could. The model is ambitious, the expansion pace is aggressive, and the implications for QSR operators are significant.

People & CultureMAR 24, 20267 MIN READ

Starbucks Workers United: Four Years Without a Contract and the March 2026 Proposal That Could Break the Deadlock

Starbucks Workers United filed a comprehensive contract proposal on March 13, 2026, reigniting stalled negotiations that have dragged on for four years without a first contract. For QSR operators watching from the sidelines, the Starbucks labor standoff is the most consequential union story in the industry's modern history.

Marketing & GrowthMAR 24, 20267 MIN READ

McDonald's CosMc's Failed. The Drinks Didn't.

McDonald's shuttered its CosMc's spinoff in May 2025 after 18 months, but the beverages that concept tested are now heading to 500-plus McDonald's locations and a planned national McCafe rollout. The story of how a failed brand became a beverage growth engine.

Industry AnalysisMAR 24, 20268 MIN READ

Chipotle Opens Its First Restaurant in Mexico: A Calculated Gamble on the Country That Inspired It

Chipotle Mexican Grill is entering Mexico for the first time in 2026, selling American-interpreted Mexican food to the nation that invented the original. The irony is obvious. The business logic, though, is worth examining carefully.

People & CultureMAR 24, 20267 MIN READ

The Restaurant CEO Pay Gap: What Top Chain Executives Earn vs. the Workers Serving the Food

When McDonald's CEO Chris Kempczinski earned $19.2 million in 2024, the crew members at the counter made around $14 an hour. That gap is wider than most industries, and it's becoming a real operational problem for chains struggling to hire and retain staff.

Technology & InnovationMAR 24, 20267 MIN READ

White Castle and SoundHound Prove Voice AI Works: 20% Fewer Errors, 90-Second Times

White Castle's deployment of SoundHound's voice AI across its drive-thru lanes produced a 20% reduction in order errors and an average service time of 90 seconds per vehicle. The numbers give the industry the concrete proof point it has been waiting for.

Industry AnalysisMAR 24, 20268 MIN READ

Long John Silver's Shrinks Below 500 Locations: The Quiet Collapse of America's Largest Seafood QSR

Long John Silver's ended 2024 with just 485 locations, down from roughly 1,500 at its early-2000s peak. The chain's 57-year slide offers a case study in structural disadvantage, franchise economics gone wrong, and the limits of turnaround playbooks.

Technology & InnovationMAR 24, 20267 MIN READ

Papa Johns Is the First Restaurant to Deploy Google Cloud's Gemini AI Ordering Agent

Papa Johns has become the first restaurant brand to deploy Google Cloud's Gemini-powered agentic ordering platform, capable of handling complex multi-person orders across voice, mobile, web, kiosks, and in-car systems. The move positions the chain at the forefront of AI adoption even as it simultaneously closes hundreds of locations in a broader turnaround effort.

Industry AnalysisMAR 24, 20267 MIN READ

The Tariff Whiplash: How the IEEPA Ruling and Section 122 Pivot Are Creating New Supply Chain Uncertainty for QSR

The Supreme Court struck down IEEPA-based tariffs in February, then the White House pivoted to Section 122 authority within four days. For QSR procurement teams, the legal ground has never shifted faster.

Marketing & GrowthMAR 24, 20267 MIN READ

What the NRA's 28 FABI Award Winners Tell Us About Where QSR Menus Are Headed

The 2026 FABI Award winners signal a decisive turn in foodservice product innovation: protein is king, global flavors are moving mainstream, and plant-based has lost its grip on the industry's attention.

People & CultureMAR 24, 20267 MIN READ

Chili's Wants to Turn General Managers into Owners, and It Could Reshape Company-Operated QSR

CEO Kevin Hochman is studying a profit-sharing ownership model for GMs modeled on Texas Roadhouse's managing partner structure. If it works, it could redefine unit-level leadership across company-operated chains.

Finance & EconomicsMAR 24, 20267 MIN READ

Krispy Kreme's Post-McDonald's Turnaround Is Actually Working

After scaling back its troubled McDonald's partnership, Krispy Kreme is showing genuine progress on a capital-light refranchising strategy. Q4 2025 numbers suggest the model is beginning to work.

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