Wendy's loses status as second-largest burger chain after 6-year run
5 Articles
5 Articles
Wendy's loses status as second-largest burger chain after 6-year run
Wendy’s has lost its place as America’s runner-up to McDonald's, ending a six-year run as the second-largest burger chain, being surpassed by a resurgent Burger King.Burger King reclaimed the No. 2 position as its U.S. turnaround gains momentum, with domestic same-store sales jumping 8.5% in the second quarter. Wendy’s, meanwhile, reported a 7% decline in U.S. same-store sales, marking its sixth consecutive quarter of contraction.Wendy’s new CEO…
Restaurant Brands' stock jumps as star franchise beats Wendy's
Burger King is back in second place. The chain has passed Wendy's to become the second-largest US burger brand by systemwide sales, a spot it lost six years ago. McDonald's still holds first place by a wide margin. The change…
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