Recently, Domino’s, Pizza Hut, and Papa Johns all reported their Q1 2026 U.S. same-store sales. In this report, we discuss how these same-store sales results — and potential results for full-year 2026 — relate to these three concepts’ average unit volumes (AUVs). We further discuss what this means for the companies, and their stocks.

McDonald’s, Wendy’s, and Burger King each recently reported their Q1 2026 U.S. same-store sales. In this report, we discuss how these same-store sales results — and potential results for full-year 2026 — relate to these three concepts’ average unit volumes (AUVs). We further discuss what this means for the companies, and their stocks.

Data out today from the U.S. Census shows that restaurants’ market share (with grocery stores/supermarkets making up the other component) was 56.7% in April 2026, -30 basis points below the all-time monthly record of 57.0% set in February 2026.