{"id":132421,"date":"2023-04-25T13:31:15","date_gmt":"2023-04-25T13:31:15","guid":{"rendered":"https:\/\/fin2me.com\/?p=132421"},"modified":"2023-04-25T13:31:15","modified_gmt":"2023-04-25T13:31:15","slug":"subways-great-results","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/subways-great-results\/","title":{"rendered":"Subway’s Great Results"},"content":{"rendered":"

Subway is for sale. There has been a general belief that the fast-food restaurant franchise company was in trouble. Not so. Same-store sales in the most recent quarter rose 12.1%. McDonald\u2019s probably envies that, along with almost every fast-food chain operator in America. (These are the 30 oldest restaurant chains in America.)<\/p>\n

John Chidsey, the CEO of Subway, indicated the balance of the year would be as good, if not better: \u201cWith strong sales momentum across our restaurants and a refreshed focus on strategic brand growth, there has never been a more exciting time to be part of the Subway brand.\u201d<\/p>\n

The Subway news is also impressive because the company has over 20,000 locations in America. McDonald\u2019s has just over 13,000.<\/p>\n

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\nAmong the arguments about why Subway has a bright future is that fast-food locations attract people with low budgets during a recession. Preparing food at home can be expensive, particularly during an inflationary period.<\/p>\n

\nSubway has done a good job joining other fast-food chains with an app that lets people order food before they enter a location. And it has a loyalty program. These are enough to keep it competitive, but not enough to allow it to outperform. Although it is not clear to outsiders, its menu must be well-designed to attract customers at an impressive rate.<\/p>\n

Subway\u2019s owners hope to get at least $10 billion for the company. Based on sales data, they should get that.<\/p>\n

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Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Subway is for sale. There has been a general belief that the fast-food restaurant franchise company was in trouble. Not so. Same-store sales in the […]<\/p>\n","protected":false},"author":3,"featured_media":132420,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"\nSubway’s Great Results - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/subways-great-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Subway’s Great Results - Fin2me\" \/>\n<meta property=\"og:description\" content=\"Subway is for sale. There has been a general belief that the fast-food restaurant franchise company was in trouble. Not so. 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