Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Nyse  >  The Wendy's Co    

News SummaryMost relevantAll newsSector news 

Wendy's Tops Burger King For 4th Place Overall In Technomic Estimates -AP

03/19/2012 | 02:04pm US/Eastern

Wendy's Co. (>> The Wendy's Company) 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. (>> McDonald's Corporation) 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

Stocks mentioned in the article : McDonald's Corporation, The Wendy's Company
React to this article
Latest news on THE WENDY'S CO
10/06 WENDYS : The Wendy's Company : CEO Emil Brolick Announces Mid 2016 Intent To Ret..
10/05 WENDYS : Wendy's names financial officer Todd Penegor as next CEO
10/05 WENDYS : WENDY'S CO : Change in Directors or Principal Officers, Financial State..
10/05 WENDYS : The Wendy's Company : CEO Emil Brolick Announces Mid 2016 Intent To Ret..
10/05DJWendy's CEO to Retire; Finance Chief Tapped as Successor
10/03 WENDYS : Man charged with passing counterfeit bills
10/01 WENDYS : The Wendy's Company : to Report 2015 Third-Quarter Results on Wednesday..
09/30 WENDYS : WENDY'S CO : Other Events (form 8-K)
09/30 WENDYS : Wendy's adds BBQ Pulled Pork to menu
09/30 WENDYS : White responds to mayor's letter
Income Statement Evolution
More Financials