Top 500 2024

Financing

Consumers reshape the burger business

Technomic Top 500 data reveals a shift in consumer demand for burgers at restaurants, away from traditional fast-food outlets. But they're not all shifting to fast-casual chains.

Financing

The 10 largest burger chains in the U.S.

Some of the country’s largest restaurant chains serve burgers as their main dish. Here’s a look at the 10 biggest, according to the Technomic Top 500.

Sushi and Korean barbecue were on fire in 2023. Full-service pizza, meanwhile, came up cold.

Papa Johns is bringing back its Cheesy Burger Pizza, after Pizza Hut created its Cheeseburger Melt, as major fast-food chains face challenges with their value reputation.

It was a tough year for the pizza business, as the average brand reported flat sales in 2023, according to the Technomic Top 500 Chain Restaurant Report. Here’s a look at the largest chains in the U.S. based on 2023 system sales.

The Bottom Line: How has the makeup of the Top 500 restaurant chains changed over the past five years? Hint: They're a lot more fast casual, and a lot less full service.

The segment and its sub-sectors like the buffets market haven't had an easy time post-pandemic, prompting many members of the old guard to arm themselves with shiny new upstarts as future growth vehicles. But there's still plenty of effort being spent on helping the longtime leaders keep their footing, as this look at the Top 10 shows.

A focus on portability, meal replacement and beverage innovation is also moving these chains up in the Top 500 ranks.

The fast-casual segment had a strong 2023 in terms of sales, boosted by unit growth and menu pricing.

Among the 10 chains growing locations at a fast clip are chicken, salad and beverage concepts, according to the Technomic Top 500 ranking.

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