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The 10 Fastest-Growing Fast Food Companies


Ahead of end-of-the-day earnings for some, a list of fast food makers currently cooking up healthy revenue.

The Lebanon, Texas-based restaurant operator was recently at the center of some controversy when US antitrust regulators brought suit against Biglari Holdings (NYSE:BH), which operates Steak 'n Shake and Western Sizzlin, for violating premerger reporting laws when it attempted to acquire a stake in Cracker Barrel in 2011. Last month, Biglari agreed to pay $850,000 for the violations. Last week, cautious over Biglari's intentions, Cracker Barrel urged its shareholders to reject two candidates seeking positions on Crackle Barrel's board: Chairman and CEO Sardar Biglari and vice chairman of Biglari Holdings, Philip Cooley.

Collier notes that she has seen examples in the past of Sardar Biglari getting involved and making a difference.

"He presses the issues and these companies seem to get their acts together, historically" Collier says. "When he got involved with Steak n' Shake, he revived that."

Nathan's Famous

Ever since Nathan Handwerker started hawking his famous hot dogs in 1916 from a stand on the corner of Surf and Stillwell Avenues in Coney Island, New York, Nathan's Famous (NASDAQ:NATH) hot dogs have been something of an American mainstay.

Nathan's has since emerged as a global hot dog purveyor, with 225 franchises and five company-owned stores operating in 27 states and eight foreign countries, as well as having branded product distribution through the entire US (including DC) Puerto Rico, Canada, Guam, the US Virgin Islands, and Kuwait. That's not including Nathan's packaged product line offered at nearly 32,000 supermarkets, and co-branded locations with Arthur Treacher menu items at 57 restaurants, and Kenny Rogers Roasters menu items at 42 restaurants.

Sales of hot dogs, which once cost a nickel on Coney Island, helped fuel Nathan's 13% growth in market cap over the past year, now totalling $136 million. Nathan's reported its first quarter earnings on August 1, with net income up nearly 26%. It releases its second quarter results on November 1.
Analyst quoted for this article may have positions in some of the stocks mentioned.
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