Brazilian-style churrascaria Fogo de Chao Inc. rose into the Top 10 Growth Chains ranking this year, taking the No. 8 spot in the Latest Year, from No. 24 in the Preceding Year.
The Dallas-based steakhouse operator showed a 22.6-percent increase in U.S. systemwide sales in the Latest Year, increasing to $199.1 million, from $162.4 million in the Preceding Year.
The first Fogo de Chão restaurant opened in Porto Alegre, Brazil, in 1979, and the first U.S. unit opened in