Goodspeed's next hit came just two years later with a revival of Frank Loesser's 1956 musical The Most Happy Fella. The production drew strong praise from the New York Times' Frank Rich, who described it as "a serious rethinking of the musical rather than a museum restoration of it." "This revival," he wrote, "is an acheivement of rare beauty."
The production transferred to Broadway's Booth Theatre to another rave from Rich, who called it "a powerfully acted, sung and staged" revival that "leaves one's heart so full." The Most Happy Fella earned four Tony nominations, including Best Revival, and played 229 performances.