traditional favorites with fast, friendly, affordable and convenient service Subway Restaurants said Tuesday its sales across the US steadily improved throughout 2021, although industry experts said the gains were mainly because of price inflation and that the chain continues to lag the competition. Sales of Subway restaurants in the United States from 2015 to 2021 (in billion U.S. dollars) [Graph]. All Rights Reserved. Subway's multi-year turnaround is off to quite the start. Today there are more Subways than any other restaurant brand with 43,600 stores in more than 100 countries. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Leading sandwich chains in the U.S. in 2021, by systemwide sales, Number of quick service restaurant franchise establishments in the U.S. 2007-2022, Employment in the quick service restaurant franchise industry in the U.S. 2007-2022, Quick-Service & Casual Dining Restaurants, Number of Subway restaurants worldwide 2011-2019, Sales of Subway restaurants in the U.S. 2015-2021, Number of Subway restaurants in the U.S. 2015-2021, Global quick service restaurant industry market size 2012-2022, Market size of the quick service restaurant industry worldwide from 2012 to 2021, with a forecast for 2022 (in billion U.S. dollars), U.S. quick service restaurant industry market size 2012-2022, Market size of the quick service restaurant sector in the United States from 2012 to 2021, with a forecast for 2022 (in billion U.S. dollars), Brand value of the 10 most valuable quick service restaurant brands worldwide in 2021 (in million U.S. dollars), Sales of the leading chain restaurants in the U.S. 2021, Leading chain restaurants in the United States in 2021, by sales (in billion U.S. dollars), Leading sandwich restaurant chains in the United States in 2021, by systemwide sales (in billion U.S. dollars), Leading quick service restaurant chains in the U.S. in 2021, by number of units, Leading quick service restaurant (QSR) chains in the United States in 2021, by number of units, Ad spend of selected restaurants in the U.S. 2021, Advertising spending of selected restaurant chains in the United States in 2021 (in million U.S. dollars), Number of Subway stores in North America 2021, by country, Number of Subway stores in North America as of November 2021, by country, Number of Subway stores in the United States from 2015 to 2021, Sales of Subway restaurants in the United States from 2015 to 2021 (in billion U.S. dollars), Initial franchise investments for Subway in the U.S. 2022, Initial franchise investments for Subway in the United States in 2022 (in U.S. dollars), Number of Subway stores in Europe 2021, by country, Number of Subway stores in Europe as of 2021, by country, Number of Subway restaurants in France 2021, by city, Number of Subway restaurants in France in 2021, by city, American Customer Satisfaction Index: QSRs in the U.S. 2022, by brand, American Customer Satisfaction Index scores for leading quick service restaurant chains in the United States in 2022, by restaurant brand, American Customer Satisfaction Index: Subway in the U.S. 2012-2022, American Customer Satisfaction Index scores of Subway in the United States from 2012 to 2022, Most popular brands on Facebook in Canada 2021, by audience, Leading brands on Facebook in Canada as of March 2021, by number of fans (in millions), Most popular dining brands in the UK Q4 2022, Most popular dining brands in the United Kingdom (UK) as of the fourth quarter of 2022. [Show less information.] 2 US fast-food chain ahead of third-ranked McDonalds had 15,444 US restaurants as of Oct. 3, up 116 from a year earlier, according to the companys annual report. As soon as this statistic is updated, you will immediately be notified via e-mail. 2021 FORM 10-K 1. Contact Ron Ruggless at [emailprotected], /sites/all/themes/penton_subtheme_nrn/images/logos/footer.png. Statista assumes no Subway also said 75 percent of its US restaurants had a 7.5 percent same-store sales increase in 2021 compared to 2019. Foot traffic in restaurants has declined in recent years resulting in more than 1,000 franchise closures over the past 12 months. Get a detailed Sensex annual report of Subway Finance And Investment Company on stock/share exchange market for the financial 2021 and more at Moneycontrol.com Subway has been promoting new sandwiches including Turkey Cali Fresh and All-American Club in a big advertising campaignfeaturing sports stars Tom Bradyand Steph Curry. There is no indication of timing or assurance that a 2023 focus on smart growth to drive continued profitability for franchisees MILFORD, Conn., Feb. 2, 2023 /PRNewswire/ -- Subway, one of the world's largest restaurant brands, completed another As one of the world's largest quick service restaurant brands, Subway serves freshly made-to-order sandwiches, wraps, salads and bowls to millions of guests, across more than 100 countries in nearly 37,000 restaurants every day. McDonalds reported US same-store sales in the fourth quarter rose 13.4 percent compared to two years ago more than 50 percent higher than Subways growth, according to the companys earnings. Behind the scenes, Subway CEO John Chidsey also is getting tougher on franchisees, requiring that they be open seven days a week, 13 hours a day to capture breakfast, lunch and dinner sales, sources said. Throughout the year, guests can expect to see even more craveable, signature menu items like Subway's exclusive menu, The Vault as well as enhanced digital channels, such as an all-new catering program coming in Spring 2022. Dubbed Subway Oasis, the Subway locations will include charging ports for your devices, Wi-Fi, picnic tables, restrooms and playgrounds. new improved ingredients and craveable menu items that complement our You only have access to basic statistics. Since last spring, the M.T.A. Statista. James called the Crime Stoppers tip line to say he was at a McDonald's in Manhattan's Lower East Side, according to CNN. In addition to delivering better food with improvements to many core ingredients on the menu Subway's 2021 success is also attributed to offering guests a better digital and in-restaurant experience. That suggests the 2021 figure was somewhere in between. The program is jointly funded by New York State and New York City. Subway has a robust social community with more than 25 million Facebook fans. Among international developments over the past six months, Subway has signed agreements in India, Indonesia, Kuwait, Saudi Arabia, Thailand and the United Arab Emirates for more than 3,000 restaurant commitments. Lines and paragraphs break automatically. A paid subscription is required for full access. Due to varying update cycles, statistics can display more up-to-date The dip which shrank Subways total footprint by nearly five percent to 21,147 locations wasnt as steep the net loss of 1,609 US restaurants Subway suffered in 2020. The New York City subway has a daily ridership of approximately 2.4 million, and our bus system has a daily ridership of 1.2 million. whether ordering in our restaurants or online. The company remains a privately held company to this day and is still headquartered in Connecticut where it was founded. 1.3 MB. Based on attendance and television ratings along with compelling games, the Subway Series between the Mets and Yankees is alive and well. In addition to the Eat Fresh Refresh effort, a menu overhaul introduced last July, Subway said it has improved its digital and in-restaurant experiences. Subway is also strategically focused on the quality of its restaurants and delivering a consistent, high-quality guest experience, including investing in remodels that offer a new, inviting and modernized look, and ensuring restaurants are in the best location and format. Announcement Info View original announcement Get the best reports to understand your industry. This is a general quarterly report on the progress of the Central Subway project, including an Executive Summary; reports on costs, schedules and funding; information on contracts; and photos of the project. Consolidated Interim Financial Statements as of and for the Six-Month Period Ended June 30, 2017. But as stores cant hold on because of margin, it will decrease Subways long-term revenue.. Andrew Abdullah, 25, was wanted for allegedly shooting a Goldman Sachs employee on a Manhattan-bound Q Line train on Sunday. Access to this and all other statistics on 80,000 topics from, Show sources information handshake and $1,000 launched one of the world's Learn more about how Statista can support your business. Subway CEO Chidsey conducted interviews over the weekend in the Wall Street Journal and Nations Restaurant News, touting the chains turnaround efforts. Please do not hesitate to contact me. Subway Milford, Connecticut About Subway Subway is owned and operated by Doctor's Associates. said sales across the US steadily improved, Jared Fogle was convicted in 2015 for possessing child pornography. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Were already seeing our efforts pay off with profitability per restaurant increasing as our restaurants begin to operate at a higher level and with more efficiency, the spokeswoman added. A sandwich chain coming out of the pandemic should have done much better.. Chidsey noted on Tuesday that Subway is growing internationally. Web page addresses and e-mail addresses turn into links automatically. The company doesn't own a single location, but collects 8% of revenue from each franchise. from 8 AM - 9 PM ET. Accessed March 02, 2023. https://www.statista.com/statistics/464277/subway-us-sales/, Restaurant Business. To compare, McDonalds lost a much smaller 165 net US restaurants in 2020, and Burger King lost 265 restaurants, according to public records. To use individual functions (e.g., mark statistics as favourites, set Still, industry experts noted that the sales numbers are only marginally better than recent inflation trends and that traffic growth has been relatively small versus that of competitors. Privately held Subway has not released its annual financials to the Federal Trade Commission yet but that would mean more than 2,000 US restaurants closed in 2021, an increase from the 1,612 the prior year. We've received your submission. Are you interested in testing our business solutions? 2.6 MB, Sunway Berhad-CG Report-31 December 2021.pdf Subway restaurants are owned and operated by Subway franchisees a network that includes thousands of dedicated entrepreneurs and small business owners who are committed to delivering the best guest experience possible in their local communities. Read more about how a Register in seconds and access exclusive features. Despite challenges brought on by the pandemic, such as reduced operating hours, 75% of the system, representing more than 16,000 locations, experienced a 7.5% increase in same-store sales in 2021, compared to 2019. Then you can access your favorite statistics via the star in the header. 2023 NYP Holdings, Inc. All Rights Reserved, Subway clamps down on franchisees as fast-food giant eyes $8B sale: sources, Subway co-founder leaves half his stake in multibillion-dollar sandwich chain to sons charity: report, Subway exploring potential sale at $10B valuation: report. The sandwich. [Online]. LiveIQ Reporting provides a set of Sales reports for daily and weekly sales as well as sales over a 13-week period. 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(August 3, 2022). In 2022, Subway is keeping the momentum going as it continues to evolve to meet guest needs. Buck a former nuclear physicist who famously gave Fred DeLuca the cash to open the first Subway restaurant in Bridgeport, Conn, in 1965 died in November. Subway ended the year with U.S. sales exceeding projections by nearly $1.4 billion and its highest annual system average unit volume (AUV) since 2014. Subway is a Registered Trademark of Subway IP LLC. I don't think we'll close a lot more restaurants maybe a handful around the edges but I think the U.S. is sort of in a steady state, and all the growth will really be international.. 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Americas No. Get full access to all features within our Business Solutions. Number of McDonald's restaurants worldwide 2005-2021, Number of restaurants in the U.S. 2011-2018, Average daily rate of hotels in the U.S. 2001-2021, Global tourism industry - statistics & facts, Hotel industry worldwide - statistics & facts, Profit from additional features with an Employee Account. Subway owns none of its US restaurants, so that means franchisees shut down about 10 percent of the locations last year, and the parent company is making less in royalties. Get in touch with us. It was a highly emotional weekend for the New York Yankees heading into the Subway Series. He said Subway now had about 20,000 US restaurants and was focusing on quality and not quantity. June 7, 2021 7:38pm. Todays attack on passengers riding a moving New York City subway train is providing lessons for business leaders in real-time on how to respond and manage crisis situations. After more than 50 years in the sandwich business, This text provides general information. SUNWAY - Annual Report & CG Report - 2020 | KLSE Screener SUNWAY 1.620 -0.01 (-0.6%) Annual Report & CG Report SUNWAY BERHAD Please refer attachment below. Today Subway is one of the most valuable restaurant brands worldwide, with. More On: subway sandwiches . Overall U.S. restaurant same-store sales for the entire system were positive for the last three quarters of the year, progressively getting better and resulting in December sales up 8.7% versus the same period in 2019. Today there are more Subways than any other restaurant brand with 43,600 stores in more than 100 countries. Consolidated Interim Financial Statements as of and for the Three-Month Period Ended March 31, 2017 (872 KB) MTA 2018 Preliminary Budget - July Financial Plan 2018-2021. Subway Canada Reimagines Two Fan-Favourite Sandwiches, Packed with More Cheese and More Crunch. 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