What are the key sales KPIs for the Quick Service Restaurant (QSR) Franchise Operations industry in 2027?

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Direct Answer

The nine KPIs that actually run a Quick Service Restaurant franchise system in 2027 are: Same-Store Sales Growth (SSSG %), Average Unit Volume (AUV $M), Four-Wall EBITDA Margin %, Digital Sales Mix %, Drive-Thru Speed of Service (seconds), Loyalty Program Penetration %, Franchisee Royalty Stream ($/store/yr), Net New Unit Openings, and Average Ticket x Frequency.

Together they answer the only three questions a QSR CFO or board cares about: are existing units growing traffic, are new units earning their cost of capital, and is the brand monetizing digital faster than labor and food inflation are eating the four-wall.

TL;DR
— In QSR, the franchisor is a royalty annuity on top of a franchisee P&L that lives or dies on traffic and four-wall margin. If SSSG turns negative for two quarters or four-wall EBITDA drops below 14%, openings stall and the royalty stream stops compounding. Track SSSG and digital mix weekly, AUV and four-wall margin monthly, and net unit openings quarterly.
That is the cadence McDonald's, Yum, Chipotle, Starbucks, and Inspire Brands all converged on after the 2024–2025 affordability reset.

Why QSR Franchise Operations Works Differently

Royalty annuity on a franchisee P&L. The franchisor does not sell burgers — it sells a system, and it earns a 4–5% royalty plus 4% ad-fund contribution on franchisee gross sales. McDonald's collects roughly $4.5B in U.S. Royalties on ~$55B in system sales.

The CFO's job is to protect that royalty stream by protecting franchisee unit economics, not by maximizing corporate take rate. Squeeze the operator and openings die — that is the lesson Subway learned the hard way through 2024.

Affordability is the demand lever. QSR traffic moves on the value-meal price point, not on advertising. When McDonald's lifted the average U.S. Ticket past $11 in 2023, low-income traffic collapsed and same-store sales went negative for three quarters.

The $5 Meal Deal in mid-2024 was the recovery play. By 2026 every major brand — Wendy's Biggie Bag, Burger King $5 Your Way, Taco Bell Cravings Value Menu — runs a permanent sub-$6 anchor because the math of the QSR customer's wallet has not changed.

Digital is now the moat. Yum Brands posted a record 63% digital system sales mix in Q1 2026; Chipotle runs ~37%; Starbucks pushes 31% of U.S. Company-operated sales through Rewards. Digital orders carry higher ticket sizes, higher attach rates, and produce the first-party data that feeds personalized offers.

A franchise system below 30% digital mix in 2027 is structurally disadvantaged on both ticket and labor.

Drive-thru is 60–70% of the day. At McDonald's, drive-thru is roughly 70% of U.S. Business; at Chick-fil-A it is closer to 75%. Every 10-second improvement in service time at a high-volume unit adds an estimated 1–2% in throughput-driven revenue.

That is why AI order-taking, dedicated mobile-order lanes (the McDonald's "fast lane" rollout), and dual-lane redesigns are now line items on the development plan, not experiments.

The 9 KPIs, In Depth

1. Same-Store Sales Growth (SSSG %). The headline operating metric. Decomposed into traffic and check (price + mix).

Industry average ran ~1–3% in 2026; Taco Bell delivered +8% in Q1 2026, McDonald's U.S. Was roughly flat to slightly negative, Chipotle ~5%, Starbucks U.S. Slightly negative through most of 2024–2025 before the Niccol-era turnaround.

Two consecutive quarters of negative SSSG is the trigger for an emergency value-menu reset.

2. Average Unit Volume (AUV $M). Annual revenue per restaurant. Chick-fil-A leads the industry at ~$7.5M AUV — roughly 2.5x McDonald's (~$3.8M U.S.) and 4x the typical Subway. Raising Cane's runs ~$6.4M, In-N-Out ~$5M+, Chipotle ~$3.2M. AUV is what justifies a franchisee's $1.5–4M build-out check.

3. Four-Wall EBITDA Margin %. The franchisee's restaurant-level profit before G&A, depreciation, and royalty. Healthy is 18–22%; 14–17% is workable in tight markets; below 14% means new builds stop.

Chipotle company-operated runs ~26% restaurant-level margin; the average franchised QSR sits 15–18% after food (28–32% of sales), labor (28–32%), and occupancy (~9%).

4. Digital Sales Mix %. Share of system sales via app, web, or third-party delivery. Yum Brands hit ~63% in Q1 2026; Domino's runs 85%+; Starbucks ~31% via Rewards; Chick-fil-A ~50% across mobile and delivery. The industry is on a path to 60%+ blended by 2030 per multiple analyst forecasts.

5. Drive-Thru Speed of Service (seconds). Total time from order point to handoff. QSR Magazine's annual study benchmarks the median at ~330 seconds in 2024; Chick-fil-A leads at ~290 seconds despite the highest order complexity. Every 10 seconds shaved at a high-volume unit lifts daily throughput by ~3–4%.

6. Loyalty Program Penetration %. Active loyalty members as share of transactions or sales. MyMcDonald's Rewards reached 210M 90-day actives across 70+ markets by end of 2025, on a path to 250M and $45B of annual loyalty sales by 2027.

Starbucks Rewards drives ~59% of U.S. Company-operated tender. Loyalty members spend ~25–30% more per visit and visit ~20% more often than non-members.

7. Franchisee Royalty Stream ($/store/yr). Royalty + ad-fund + tech fees collected per franchised unit per year. At a 4% royalty plus 4% ad fund on a $3.8M McDonald's AUV, that is roughly $300K per unit per year of franchisor revenue.

The royalty stream is what equity investors actually value — McDonald's trades at ~25x earnings precisely because the royalty stream is contractually durable.

8. Net New Unit Openings. Gross openings minus closures. McDonald's targets 50,000 global units by end of 2027 (from ~43,500 in 2025) — its most aggressive build pace in two decades. Chipotle is opening 315–345 net new units in 2026. Closures matter more than gross openings in mature markets; Subway closed 600+ U.S. Units in 2024 alone.

9. Average Ticket x Frequency. Average ticket size multiplied by visit frequency = per-customer annual revenue. The diagnostic when SSSG moves: is the brand losing visits or losing dollars per visit?

In 2024–2025 most QSR brands held ticket but lost frequency; the 2026 value-menu reset has been about rebuilding frequency at slightly lower ticket.

flowchart TD A[Value Menu + Marketing] --> B[Traffic + Visit Frequency] B --> C[Same-Store Sales Growth] C --> D[AUV Per Unit] D --> E[Four-Wall EBITDA Margin] E --> F{Margin > 14%?} F -->|Yes| G[Franchisee Cashflow Healthy] F -->|No| H[Openings Stall + Closures Rise] G --> I[New Unit Openings Accelerate] I --> J[Royalty Stream Compounds] J --> K[Reinvest in Digital + Drive-Thru] K --> L[Loyalty Penetration + Speed of Service] L --> A H --> M[Royalty Stream Flattens] M --> K

Real Operators

McDonald's is the system benchmark — ~43,500 units, ~$55B U.S. System sales, ~210M loyalty actives, targeting 50,000 units by 2027. Chick-fil-A runs the highest AUV in the industry at ~$7.5M per unit on a fully company-licensed model with no franchisee equity.

Starbucks has ~17,000 U.S. Units, ~31% Rewards-driven digital mix, and is rebuilding U.S. Traffic under Brian Niccol.

Yum! Brands (Taco Bell, KFC, Pizza Hut, Habit) crossed 63% digital mix in Q1 2026 with Taco Bell delivering +8% SSSG. Chipotle is opening 315–345 units in 2026 at ~$3.2M AUV and ~26% restaurant-level margin.

Restaurant Brands International (Burger King, Tim Hortons, Popeyes, Firehouse Subs) runs the largest multi-brand royalty stream outside McDonald's. Domino's is the digital outlier at 85%+ digital mix and the highest U.S. Franchisee cash-on-cash returns in QSR.

Inspire Brands (Arby's, Sonic, Buffalo Wild Wings, Jimmy John's, Dunkin', Baskin) is the private-equity-backed roll-up. Raising Cane's runs ~$6.4M AUV on a five-item menu. Subway, post-Roark Capital acquisition, is the cautionary tale — net U.S.

Unit count fell by ~600 in 2024 and the brand is mid-reset.

Failure Modes

The four that kill QSR systems. (1) Franchisee margin compression — when food and labor push four-wall EBITDA below 14%, new openings stall within two quarters and the royalty annuity stops compounding. (2) Loss of the affordability customer — pricing above the value-meal anchor (the $5–$8 zone) for too long drives the low-income guest to grocery and the traffic does not come back fast.

(3) Digital underinvestment — sitting below 30% digital mix in 2027 means losing ticket, attach, and the first-party data layer all at once. (4) Speed-of-service degradation — drive-thru times drifting past 350 seconds at a high-volume unit silently caps revenue at the throughput ceiling no matter how good the marketing is.

Reporting Cadence

Daily: transaction count, average ticket, drive-thru times, digital mix, app downloads. Weekly: SSSG run-rate, traffic vs check decomposition, value-menu attach, loyalty active count. Monthly: four-wall P&L by franchisee cohort, AUV by vintage, royalty stream actuals vs plan, new-unit pipeline.

Quarterly: full system P&L, net new unit openings, closure rate, multi-year development agreement status for the earnings call and franchisee advisory council.

flowchart TD A[Daily POS Telemetry] --> B[Transactions + Ticket + Drive-Thru Times] B --> C[Weekly Operating Review] C --> D[SSSG Run-Rate + Traffic vs Check + Loyalty Actives] D --> E[Monthly Business Review] E --> F[Four-Wall P&L + AUV by Vintage + Royalty Actuals] F --> G[Quarterly Earnings + Franchisee Council] G --> H[Net Openings + Closures + Development Pipeline] H --> I[Re-forecast Value Menu + Digital + Build Pace] I --> A

30/60/90 Day Plan

Days 1–30: instrument the nine KPIs across the franchisee P&L data feed. Reconcile system sales between POS, royalty billing, and the ad-fund accrual — these almost never tie on day one and the gap is the first finding. Establish four-wall EBITDA baselines by franchisee cohort and unit vintage so you can see which operators are healthy and which are sliding.

Days 31–60: ship the SSSG decomposition dashboard (traffic, ticket, mix, day-part) and wire loyalty penetration to it. Identify the bottom-quartile units by four-wall margin and drive-thru time; brief operations on a six-week intervention. Pressure-test the value-menu price points against the affordability cohort using transaction-level data.

Days 61–90: rebuild the new-unit pipeline forecast against actual closure rates by market. Re-model the royalty stream on a five-year horizon with conservative SSSG and net-opening assumptions. Present the updated operating model to the CFO and franchisee advisory council with monthly digital-mix and four-wall checkpoints.

FAQ

Is SSSG or AUV the better measure of a QSR brand's health? Both, but they answer different questions. SSSG tells you whether the existing base is healthy this quarter; AUV tells you whether the brand is worth opening another unit. A brand with flat SSSG but rising AUV (through closures of weak units) is actually strengthening; the reverse is a warning.

What is a healthy digital sales mix in 2027? Above 50% is leadership territory, 30–50% is mainstream, below 30% is structurally disadvantaged on ticket and labor. Domino's at 85%+ and Yum at 63% are the bar; brands still in the 20s need a multi-year program, not a campaign.

Why does drive-thru speed of service matter so much? Because 60–70% of QSR daily revenue at most major brands moves through the drive-thru, and throughput is hard-capped by service time at peak. A 10-second improvement at a high-volume unit is worth 1–2% of annual revenue with zero marketing spend.

How should a franchisor balance royalty take with franchisee margin? Tightly. The royalty stream is durable only as long as four-wall EBITDA stays above 14%. Raising effective take rate (royalty + tech fees + supply-chain margin) past the point that compresses operator margin into the low teens kills net unit openings and breaks the compounding model.

The Subway and 7-Eleven franchisee disputes of 2023–2024 are the case studies.

Sources

Technomic — Top 500 Chain Restaurant Report (2026)
National Restaurant Association — State of the Restaurant Industry 2026
QSR Magazine — Annual Drive-Thru Performance Study
Restaurant Business Online — Top 500 Same-Store Sales Rankings
McDonald's Corporation — Form 10-K (FY 2025)
Starbucks Corporation — Form 10-K (FY 2025)
Yum! Brands Inc. — Form 10-K and Q1 2026 8-K
Chipotle Mexican Grill — Form 10-K (FY 2025)
Restaurant Brands International — Form 20-F (FY 2025)
Franchise Times — Top 400 Franchise Systems Report

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### Direct Answer

The nine KPIs that actually run a Quick Service Restaurant franchise system in 2027 are: **Same-Store Sales Growth (SSSG %)**, **Average Unit Volume (AUV $M)**, **Four-Wall EBITDA Margin %**, **Digital Sales Mix %**, **Drive-Thru Speed of Service (seconds)**, **Loyalty Program Penetration %**, **Franchisee Royalty Stream ($/store/yr)**, **Net New Unit Openings**, and **Average Ticket x Frequency**. Together they answer the only three questions a QSR CFO or board cares about: are existing units growing traffic, are new units earning their cost of capital, and is the brand monetizing digital faster than labor and food inflation are eating the four-wall.

> **TL;DR** — In QSR, the franchisor is a royalty annuity on top of a franchisee P&L that lives or dies on traffic and four-wall margin. If SSSG turns negative for two quarters or four-wall EBITDA drops below 14%, openings stall and the royalty stream stops compounding. Track SSSG and digital mix weekly, AUV and four-wall margin monthly, and net unit openings quarterly. That is the cadence McDonald's, Yum, Chipotle, Starbucks, and Inspire Brands all converged on after the 2024–2025 affordability reset.

## Why QSR Franchise Operations Works Differently

**Royalty annuity on a franchisee P&L.** The franchisor does not sell burgers — it sells a system, and it earns a 4–5% royalty plus 4% ad-fund contribution on franchisee gross sales. McDonald's collects roughly $4.5B in U.S. Royalties on ~$55B in system sales. The CFO's job is to protect that royalty stream by protecting **franchisee unit economics**, not by maximizing corporate take rate. Squeeze the operator and openings die — that is the lesson Subway learned the hard way through 2024.

**Affordability is the demand lever.** QSR traffic moves on the value-meal price point, not on advertising. When McDonald's lifted the average U.S. Ticket past $11 in 2023, low-income traffic collapsed and same-store sales went negative for three quarters. The $5 Meal Deal in mid-2024 was the recovery play. By 2026 every major brand — Wendy's Biggie Bag, Burger King $5 Your Way, Taco Bell Cravings Value Menu — runs a permanent sub-$6 anchor because the math of the QSR customer's wallet has not changed.

**Digital is now the moat.** Yum Brands posted a record **63% digital system sales mix in Q1 2026**; Chipotle runs ~37%; Starbucks pushes 31% of U.S. Company-operated sales through Rewards. Digital orders carry higher ticket sizes, higher attach rates, and produce the first-party data that feeds personalized offers. A franchise system below 30% digital mix in 2027 is structurally disadvantaged on both ticket and labor.

**Drive-thru is 60–70% of the day.** At McDonald's, drive-thru is roughly **70% of U.S. Business**; at Chick-fil-A it is closer to 75%. Every 10-second improvement in service time at a high-volume unit adds an estimated 1–2% in throughput-driven revenue. That is why AI order-taking, dedicated mobile-order lanes (the McDonald's "fast lane" rollout), and dual-lane redesigns are now line items on the development plan, not experiments.

## The 9 KPIs, In Depth

**1. Same-Store Sales Growth (SSSG %).** The headline operating metric. Decomposed into traffic and check (price + mix). Industry average ran ~1–3% in 2026; **Taco Bell delivered +8% in Q1 2026**, McDonald's U.S. Was roughly flat to slightly negative, Chipotle ~5%, Starbucks U.S. Slightly negative through most of 2024–2025 before the Niccol-era turnaround. Two consecutive quarters of negative SSSG is the trigger for an emergency value-menu reset.

**2. Average Unit Volume (AUV $M).** Annual revenue per restaurant. **Chick-fil-A leads the industry at ~$7.5M AUV** — roughly 2.5x McDonald's (~$3.8M U.S.) and 4x the typical Subway. Raising Cane's runs ~$6.4M, In-N-Out ~$5M+, Chipotle ~$3.2M. AUV is what justifies a franchisee's $1.5–4M build-out check.

**3. Four-Wall EBITDA Margin %.** The franchisee's restaurant-level profit before G&A, depreciation, and royalty. Healthy is 18–22%; 14–17% is workable in tight markets; below 14% means new builds stop. Chipotle company-operated runs ~26% restaurant-level margin; the average franchised QSR sits 15–18% after food (28–32% of sales), labor (28–32%), and occupancy (~9%).

**4. Digital Sales Mix %.** Share of system sales via app, web, or third-party delivery. **Yum Brands hit ~63% in Q1 2026**; Domino's runs 85%+; Starbucks ~31% via Rewards; Chick-fil-A ~50% across mobile and delivery. The industry is on a path to **60%+ blended by 2030** per multiple analyst forecasts.

**5. Drive-Thru Speed of Service (seconds).** Total time from order point to handoff. QSR Magazine's annual study benchmarks the median at ~330 seconds in 2024; Chick-fil-A leads at ~290 seconds despite the highest order complexity. Every 10 seconds shaved at a high-volume unit lifts daily throughput by ~3–4%.

**6. Loyalty Program Penetration %.** Active loyalty members as share of transactions or sales. **MyMcDonald's Rewards reached 210M 90-day actives across 70+ markets by end of 2025**, on a path to 250M and **$45B of annual loyalty sales by 2027**. Starbucks Rewards drives ~59% of U.S. Company-operated tender. Loyalty members spend ~25–30% more per visit and visit ~20% more often than non-members.

**7. Franchisee Royalty Stream ($/store/yr).** Royalty + ad-fund + tech fees collected per franchised unit per year. At a 4% royalty plus 4% ad fund on a $3.8M McDonald's AUV, that is roughly **$300K per unit per year** of franchisor revenue. The royalty stream is what equity investors actually value — McDonald's trades at ~25x earnings precisely because the royalty stream is contractually durable.

**8. Net New Unit Openings.** Gross openings minus closures. McDonald's targets **50,000 global units by end of 2027** (from ~43,500 in 2025) — its most aggressive build pace in two decades. Chipotle is opening **315–345 net new units in 2026**. Closures matter more than gross openings in mature markets; Subway closed 600+ U.S. Units in 2024 alone.

**9. Average Ticket x Frequency.** Average ticket size multiplied by visit frequency = per-customer annual revenue. The diagnostic when SSSG moves: is the brand losing visits or losing dollars per visit? In 2024–2025 most QSR brands held ticket but lost frequency; the 2026 value-menu reset has been about rebuilding frequency at slightly lower ticket.

```mermaid
flowchart TD
    A[Value Menu + Marketing] --> B[Traffic + Visit Frequency]
    B --> C[Same-Store Sales Growth]
    C --> D[AUV Per Unit]
    D --> E[Four-Wall EBITDA Margin]
    E --> F{Margin > 14%?}
    F -->|Yes| G[Franchisee Cashflow Healthy]
    F -->|No| H[Openings Stall + Closures Rise]
    G --> I[New Unit Openings Accelerate]
    I --> J[Royalty Stream Compounds]
    J --> K[Reinvest in Digital + Drive-Thru]
    K --> L[Loyalty Penetration + Speed of Service]
    L --> A
    H --> M[Royalty Stream Flattens]
    M --> K
```

## Real Operators

**McDonald's** is the system benchmark — ~43,500 units, ~$55B U.S. System sales, ~210M loyalty actives, targeting 50,000 units by 2027. **Chick-fil-A** runs the highest AUV in the industry at ~$7.5M per unit on a fully company-licensed model with no franchisee equity. **Starbucks** has ~17,000 U.S. Units, ~31% Rewards-driven digital mix, and is rebuilding U.S. Traffic under Brian Niccol. **Yum! Brands** (Taco Bell, KFC, Pizza Hut, Habit) crossed 63% digital mix in Q1 2026 with Taco Bell delivering +8% SSSG. **Chipotle** is opening 315–345 units in 2026 at ~$3.2M AUV and ~26% restaurant-level margin. **Restaurant Brands International** (Burger King, Tim Hortons, Popeyes, Firehouse Subs) runs the largest multi-brand royalty stream outside McDonald's. **Domino's** is the digital outlier at 85%+ digital mix and the highest U.S. Franchisee cash-on-cash returns in QSR. **Inspire Brands** (Arby's, Sonic, Buffalo Wild Wings, Jimmy John's, Dunkin', Baskin) is the private-equity-backed roll-up. **Raising Cane's** runs ~$6.4M AUV on a five-item menu. **Subway**, post-Roark Capital acquisition, is the cautionary tale — net U.S. Unit count fell by ~600 in 2024 and the brand is mid-reset.

## Failure Modes

The four that kill QSR systems. **(1) Franchisee margin compression** — when food and labor push four-wall EBITDA below 14%, new openings stall within two quarters and the royalty annuity stops compounding. **(2) Loss of the affordability customer** — pricing above the value-meal anchor (the $5–$8 zone) for too long drives the low-income guest to grocery and the traffic does not come back fast. **(3) Digital underinvestment** — sitting below 30% digital mix in 2027 means losing ticket, attach, and the first-party data layer all at once. **(4) Speed-of-service degradation** — drive-thru times drifting past 350 seconds at a high-volume unit silently caps revenue at the throughput ceiling no matter how good the marketing is.

## Reporting Cadence

**Daily:** transaction count, average ticket, drive-thru times, digital mix, app downloads. **Weekly:** SSSG run-rate, traffic vs check decomposition, value-menu attach, loyalty active count. **Monthly:** four-wall P&L by franchisee cohort, AUV by vintage, royalty stream actuals vs plan, new-unit pipeline. **Quarterly:** full system P&L, net new unit openings, closure rate, multi-year development agreement status for the earnings call and franchisee advisory council.

```mermaid
flowchart TD
    A[Daily POS Telemetry] --> B[Transactions + Ticket + Drive-Thru Times]
    B --> C[Weekly Operating Review]
    C --> D[SSSG Run-Rate + Traffic vs Check + Loyalty Actives]
    D --> E[Monthly Business Review]
    E --> F[Four-Wall P&L + AUV by Vintage + Royalty Actuals]
    F --> G[Quarterly Earnings + Franchisee Council]
    G --> H[Net Openings + Closures + Development Pipeline]
    H --> I[Re-forecast Value Menu + Digital + Build Pace]
    I --> A
```

## 30/60/90 Day Plan

**Days 1–30:** instrument the nine KPIs across the franchisee P&L data feed. Reconcile system sales between POS, royalty billing, and the ad-fund accrual — these almost never tie on day one and the gap is the first finding. Establish four-wall EBITDA baselines by franchisee cohort and unit vintage so you can see which operators are healthy and which are sliding.

**Days 31–60:** ship the SSSG decomposition dashboard (traffic, ticket, mix, day-part) and wire loyalty penetration to it. Identify the bottom-quartile units by four-wall margin and drive-thru time; brief operations on a six-week intervention. Pressure-test the value-menu price points against the affordability cohort using transaction-level data.

**Days 61–90:** rebuild the new-unit pipeline forecast against actual closure rates by market. Re-model the royalty stream on a five-year horizon with conservative SSSG and net-opening assumptions. Present the updated operating model to the CFO and franchisee advisory council with monthly digital-mix and four-wall checkpoints.

## FAQ

**Is SSSG or AUV the better measure of a QSR brand's health?** Both, but they answer different questions. SSSG tells you whether the existing base is healthy this quarter; AUV tells you whether the brand is worth opening another unit. A brand with flat SSSG but rising AUV (through closures of weak units) is actually strengthening; the reverse is a warning.

**What is a healthy digital sales mix in 2027?** Above 50% is leadership territory, 30–50% is mainstream, below 30% is structurally disadvantaged on ticket and labor. Domino's at 85%+ and Yum at 63% are the bar; brands still in the 20s need a multi-year program, not a campaign.

**Why does drive-thru speed of service matter so much?** Because 60–70% of QSR daily revenue at most major brands moves through the drive-thru, and throughput is hard-capped by service time at peak. A 10-second improvement at a high-volume unit is worth 1–2% of annual revenue with zero marketing spend.

**How should a franchisor balance royalty take with franchisee margin?** Tightly. The royalty stream is durable only as long as four-wall EBITDA stays above 14%. Raising effective take rate (royalty + tech fees + supply-chain margin) past the point that compresses operator margin into the low teens kills net unit openings and breaks the compounding model. The Subway and 7-Eleven franchisee disputes of 2023–2024 are the case studies.

## Sources

- Technomic — Top 500 Chain Restaurant Report (2026)
- National Restaurant Association — State of the Restaurant Industry 2026
- QSR Magazine — Annual Drive-Thru Performance Study
- Restaurant Business Online — Top 500 Same-Store Sales Rankings
- McDonald's Corporation — Form 10-K (FY 2025)
- Starbucks Corporation — Form 10-K (FY 2025)
- Yum! Brands Inc. — Form 10-K and Q1 2026 8-K
- Chipotle Mexican Grill — Form 10-K (FY 2025)
- Restaurant Brands International — Form 20-F (FY 2025)
- Franchise Times — Top 400 Franchise Systems Report

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