Buffalo Wild Wings 7th-Fastest Growing Chain
Golden Valley-based restaurant operator Buffalo Wild Wings, Inc., has landed on a list of the 10 fastest-growing restaurant chains after posting a 14 percent increase in its 2010 sales.
According to the annual list, which is complied by Technomic, Inc., Buffalo Wild Wings' double-digit sales growth ranked it seventh in the United States. The local company also posted a 12 percent increase in the number of locations it operates.
The list's rankings were based on each chain's percent sales growth between 2009 and 2010.
Five Guys Burgers and Fries topped the list with a 38 percent sales increase in 2010, followed by Jimmy John's Gourmet Sandwich Shop (22 percent sales increase) and Chipotle Mexican Grill (21 percent sales increase).
Technomic said that limited-service restaurants saw the most growth last year, with Starbucks, Dunkin' Donuts, and Pizza Hut posting 2010 sales growth of 8.7 percent, 6.1 percent, and 7.8 percent, respectively. As a group, limited-service restaurants grew 2.5 percent from 2009.
McDonald's, the largest U.S. restaurant chain, grew 4.4 percent in 2010 and had sales of $32.4 billion, according to the report.
Overall, the 500 largest U.S. restaurant chains together registered a 1.8 percent increase to $234 billion in 2010 sales.
Chicago-based Technomic was founded in 1966 and provides research and consulting services focused on the food and foodservice industries.