Sandwich chain with firefighter theme and steamed subs
Complete cost breakdown for opening a Firehouse Subs franchise
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.
March 24, 2026
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.
March 24, 2026
Port of Subs, a Nevada sandwich chain that's operated quietly in the West for five decades, has inked deals for more than 450 new locations nationwide. Backed by Area 15 Ventures and RE/MAX co-founder Dave Liniger, the brand is targeting markets where Subway is retreating and Jersey Mike's hasn't yet saturated the field.
March 24, 2026
Potbelly will open its 500th shop in 2026, powered by a new parent company, a 40%-plus digital mix, and $1.3 million average unit volumes. Here is how a brand that once seemed headed for irrelevance engineered one of fast casual's quietest turnarounds.
March 24, 2026
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.
March 24, 2026
Blackstone paid $8 billion for a majority stake in Jersey Mike's, making it one of the most expensive QSR acquisitions in history. Now the private equity giant is executing a textbook franchise growth play: 400+ new units in 2026, international expansion into the UK and Ireland, and whispers of an IPO before the decade ends.
March 24, 2026