The rising brand is shooting for at least 300 locations by the end of 2026 and at least 1,000 units under development.
QSR recently spoke with Pancheros marketing director Emma Reed about the chain's anniversary and the marketing tools it uses to build loyalty and excitement around its brand.
A Superior Court judge ruled that the law can't proceed until a referendum verification process is completed. If enough signatures are approved, it would be tabled until after November 2024.
The fast-food chain also announced an organizational restructure plan that removed the positions of U.S. brand president and chief commercial officer.
The 671-unit coffee chain believes it will reach $1 billion in revenue in late 2023 or early 2024 and surpass 1,000 stores by 2025.
The industry veteran said the 740-unit Mexican fast casual has attractive margins and is capable of doubling in size.
While these new drive-thru stores are more expensive, AUV is pushing past $4 million, and operating margin is just as good, or better, than company averages.
The cult-favorite burger chain is establishing a $125.5 million corporate office in Tennessee, and will open stores in Nashville by 2026.