Today, Moe's Southwest Grill^®, one of the seven iconic brands within the GoTo Foods platform company, proudly announces a record-breaking average unit volume (AUV) of $1,235,422* in 2024, showcasing four consecutive years of growth. Celebrating the brand's 25^th anniversary with serious momentum, Moe's success is driven by strategic initiatives in franchise development, culinary innovation and expanded loyalty programs. Under the recent leadership of Chief Brand Officer Mike Smith, appointed in October 2024, Moe's continues to revolutionize the fast-casual Mexican dining space with bold flavors and a rebellious spirit.

Key Initiatives Driving Significant Brand Evolution

• Strengthening Franchise Development: Over the past year, Moe's opened 15 new locations across the country. With more than 120 signed agreements in various stages of development, the franchise pipeline is packed with opportunity – proving that entrepreneurs are eager to invest in a brand with strong consumer demand and a winning business model.

• Driving Culinary Innovation: Moe's relentless focus on culinary creativity has led to top-performing LTOs, showcasing its reputation for providing the most flavorful menu options in the QSR Mexican sector.

• Expanding Rewards Programs: With over seven million Moe Rewards members, Moe's expanded loyalty program keeps customers coming back for bold flavors and exclusive perks.

• Elevating Guest Experience: Moe's continues to focus on refreshing and modernizing the look of the brand to enhance the guest experience and drive bottom line results. Prototypical updates will continue throughout 2025, with locations seeing, on average, a double-digit increase in sales post-remodel.

"As we celebrate 25 years in the fast casual business, we are leading Moe's into a new era of growth," said Smith. "By harnessing our rebel spirit brand positioning and strategically investing in culinary innovation, guest experience and franchise development, we are positioning Moe's for sustained success. Our unwavering commitment to unparalleled flavor, a welcoming atmosphere, and continuous improvement will drive our brand forward and create lasting value for our franchisees and customers alike."

Unlocking Sales Growth Through Menu Innovation
Moe's remains steadfast in its mission to feed the rebel spirit in everyone. From 20+ fresh and free ingredients to a menu that champions customization, Moe's offers a vibrant dining experience unmatched in the Mexican fast-casual space. The brand's LTO strategy saw unprecedented success in 2024, with standout launches like Birria and Tequila Lime Chicken – the most successful LTOs since 2019.

Celebrating its 25^th anniversary, Moe's unleashed its Eat Out Loud campaign, embracing boldness in every flavor, dish and interaction. Throughout the year, guests can expect a lineup of vibrant LTOs, in-house prepared salsas plus seasonal salsas and exclusive collaborations such as 2024's standout collaborations with Cheez-It and Mike's Hot Honey – marking a first for any Mexican fast-casual brand. The recently launched Munchies^® Flamin' Hot^® Snack Mix collaboration sets the stage for creativity to come.

Moe Rewards 2.0: Driving Franchise Success and Consumer Engagement
To better reward loyal fans, Moe's is remastering the Moe Rewards program to the tune of more exclusive offers, a faster track to earn redeemable rewards and new premium reward tiers.

• Exclusive Perks: Moe Rewards members unlock exclusive access to special loyalty-only deals on fan favorites and LTOs, while also benefiting from weekly Moe Monday offers.

• Fast Path to Rewards: Just $25 in spend now earns loyalty members a reward, incentivizing everyone from weekly regulars to lower frequency guests.

• New Premium Reward Tier: For the most loyal burrito lovers, the new Gold Tier recognizes top guests with 20% faster reward accrual after they earn 1250 points in a calendar year.

These enhancements are designed to benefit franchisees by driving consumer engagement and unit-level economics.

Fueling Franchise Development
Moe's Southwest Grill is offering limited-time incentives on commitments of 3 or more Franchise Agreements executed through December 15th, 2025, in select Emerging Markets. With opportunities for development in both traditional and non-traditional venues, including military bases, airports, and travel centers, the brand aims to strategically build density in existing markets while expanding its national footprint into 21 Emerging Markets — including Arizona, Arkansas, Southern California, Iowa, Illinois, Indiana, Kansas, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Hampshire, Ohio, Oklahoma, Nebraska, Rhode Island, Texas, Utah, Vermont and Wisconsin. This targeted approach positions Moe's for sustained growth and reinforces its commitment to bringing its signature "Welcome to Moe's!" hospitality to every corner of the country, ensuring a robust and dynamic presence nationwide.