The COVID-19 pandemic decimated the American restaurant industry, with many establishments shuttering for good as indoor dining was banned in many cities and would-be diners hunkered down in their homes. (These are the saddest restaurant closings of 2020.)
The nationwide shutdown took an enormous chunk out of the dining industry’s revenues. The National Restaurant Association’s most recent state-of-the-industry report revealed restaurant sales hit $659 billion last year — a whopping $240 billion less than what was forecast.
Yet that’s an industry-wide national number. Some nimble restaurant operators quickly shifted to takeout orders, delivery, outdoor dining options, contact-less ordering and payment, and other innovations to stay afloat.
To assemble a list of restaurant chains whose sales actually increased in 2020, 24/7 Tempo consulted the latest data published by the top food service trade publication Nation’s Restaurant News (NRN). Sourcing data through a partnership with the food industry research and data company Datassential and their proprietary Firefly database, NRN recently revealed the top 500 restaurant companies in the nation based on domestic systemwide sales. They also broke out metrics covering increases in sales percentages, determining that some 34 chains had shown noticeable gains in sales over 2019.
It shouldn’t be surprising to see who made the list. Almost all are well-established national or regional chains serving mostly grab-and-go fast-food fare. Unlike fine dining establishments, casual food outlets already did a robust business with takeout, so they probably weren’t hurt as much by a lockdown. Name recognition and reasonable prices didn’t hurt either. (These are America’s 50 most successful restaurant chains.)
Click here to see restaurant chains whose sales actually increased in 2020
Topping the list is Popeyes Louisiana Kitchen, which saw its 2020 sales soar by 20% over the previous year. Places serving chicken and burgers also registered strong increases, but pizza was popular as well.
Of course, McDonald’s, everybody’s favorite fast-food haunt, made the list — albeit in last place. It’s sales grew by less than 1% — not a lot in comparison, but still equivalent to almost $40 million.
McDonald’s
> U.S. systemwide sales (2020): $39.53 billion
> Year-over-year increase since 2019: 0.4%
[in-text-ad]
Del Taco
> U.S. systemwide sales (2020): $833.3 million
> Year-over-year increase since 2019: 1.0%
24/7 Wall St.
Krispy Kreme
> U.S. systemwide sales (2020): $876.3 million
> Year-over-year increase since 2019: 1.5%
Mod Pizza
> U.S. systemwide sales (2020): $409.8 million
> Year-over-year increase since 2019: 1.8%
[in-text-ad-2]
Panda Express
> U.S. systemwide sales (2020): $3.6 billion
> Year-over-year increase since 2019: 2.3%
Wing-Stop
> U.S. systemwide sales (2020): $1.61 billion
> Year-over-year increase since 2019: 21.0%
[in-text-ad]
Buffalo Wild Wings
> U.S. systemwide sales (2020): $4.06 billion
> Year-over-year increase since 2019: 2.3%
Jack in the Box
> U.S. systemwide sales (2020): $3.61 billion
> Year-over-year increase since 2019: 2.5%
H00TERS
> U.S. systemwide sales (2020): $841.1 million
> Year-over-year increase since 2019: 2.7%
[in-text-ad-2]
Culver’s
> U.S. systemwide sales (2020): $1.73 billion
> Year-over-year increase since 2019: 3.0%
Five Guys
> U.S. systemwide sales (2020): $1.57 billion
> Year-over-year increase since 2019: 3.0%
[in-text-ad]
Arby’s
> U.S. systemwide sales (2020): $3.95 billion
> Year-over-year increase since 2019: 3.4%
Bojangles’
> U.S. systemwide sales (2020): $1.29 billion
> Year-over-year increase since 2019: 3.5%
Portillo’s Hot Dogs
> U.S. systemwide sales (2020): $501.6 million
> Year-over-year increase since 2019: 3.7%
[in-text-ad-2]
Chick-Fil-A
> U.S. systemwide sales (2020): $10.8 billion
> Year-over-year increase since 2019: 3.8%
Taco John’s
> U.S. systemwide sales (2020): $387.6 million
> Year-over-year increase since 2019: 3.8%
[in-text-ad]
Zaxby’s
> U.S. systemwide sales (2020): $1.94 billion
> Year-over-year increase since 2019: 3.9%
24/7 Wall St.
KFC
> U.S. systemwide sales (2020): $4.7 billion
> Year-over-year increase since 2019: 4.0%
Wendy’s
> U.S. systemwide sales (2020): $10.29 billion
> Year-over-year increase since 2019: 4.8%
[in-text-ad-2]
Chipotle Mexican Grill
> U.S. systemwide sales (2020): $5.34 billion
> Year-over-year increase since 2019: 5.5%
Whataburger
> U.S. systemwide sales (2020): $2.7 billion
> Year-over-year increase since 2019: 5.6%
[in-text-ad]
Dairy Queen
> U.S. systemwide sales (2020): $3.98 billion
> Year-over-year increase since 2019: 5.9%
Freddy’s Frozen Custard & Steaks
> U.S. systemwide sales (2020): $541.9 million
> Year-over-year increase since 2019: 6.9%
Jersey Mike’s
> U.S. systemwide sales (2020): $1.29 billion
> Year-over-year increase since 2019: 7.0%
[in-text-ad-2]
Papa Murphy’s Pizza
> U.S. systemwide sales (2020): $805.4 million
> Year-over-year increase since 2019: 7.6%
McAlister’s Deli
> U.S. systemwide sales (2020): $795.4 million
> Year-over-year increase since 2019: 9.0%
[in-text-ad]
Marco’s Pizza
> U.S. systemwide sales (2020): $668.6 million
> Year-over-year increase since 2019: 9.7%
Domino’s Pizza
> U.S. systemwide sales (2020): $7.35 billion
> Year-over-year increase since 2019: 11.0%
Tropical Smoothie Cafe
> U.S. systemwide sales (2020): $586.4 million
> Year-over-year increase since 2019: 11.3%
[in-text-ad-2]
Smoothie King
> U.S. systemwide sales (2020): $479.6 million
> Year-over-year increase since 2019: 11.5%
Hungry Howie’s Flavored Crust Pizza
> U.S. systemwide sales (2020): $442.1 million
> Year-over-year increase since 2019: 12.7%
[in-text-ad]
Raising Cane’s
> U.S. systemwide sales (2020): $1.72 billion
> Year-over-year increase since 2019: 17.5%
Papa John’s
> U.S. systemwide sales (2020): $3.48 billion
> Year-over-year increase since 2019: 19.0%
Popeyes Louisiana Kitchen
> U.S. systemwide sales (2020): $4.85 billion
> Year-over-year increase since 2019: 20.0%
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
