Wendy's Co. (WEN) had about $8.5 billion of U.S. systemwide
sales last year, edging out Burger King Holdings Inc.'s $8.4
billion, according to estimates from Technomic Inc., the Associated
Press reported Monday.
Market researcher Technomic projected in December that Wendy's
would surpass Burger King for the first time in the U.S.
First-place McDonald's Corp. (MCD) had about $34.2 billion in
sales, according to Technomic. Worldwide, Burger King remains the
second-largest hamburger chain, according to the AP.
In the U.S., Subway had estimated sales of $11.4 billion, while
Starbucks Corp. (SBUX) was in third place with $9.8 billion, the AP
reported. The growth at Subway and Starbucks has sharply outpaced
the top three hamburger chains, with Subway sales up 48% and
Starbucks sales up 39% from five years ago, the AP reported.
Full story at
http://hosted.ap.org/dynamic/stories/U/US_FAST_FOOD_RANKINGS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT
-Dow Jones Newswires; 212-416-2900
