Business Solutions including all features. Thats partly because McDonalds sales have been fueled by its drive-ins an advantage that most Subway locations lack. For accessibility assistance with this report, please contact Central Subway outreach. 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. 2023 Subway IP LLC. Our website is made possible by displaying non-intrusive online advertisements to our visitors. 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.. Global quick service restaurant (QSR) Subway generated around 9.4 billion U.S. dollars in sales in 2021. *Technomic estimate. LiveIQ Reporting provides a set of Sales reports for daily and weekly sales as well as sales over a 13-week period. Presentation to the Board. ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED May 31, 2021 OR . ", Restaurant Business, Sales of Subway restaurants in the United States from 2015 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/464277/subway-us-sales/ (last visited March 02, 2023), Sales of Subway restaurants in the United States from 2015 to 2021 (in billion U.S. dollars) [Graph], Restaurant Business, August 3, 2022. 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. 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. Forbes Daily: Is The Feds Inflation Fight Over? 4436 0 obj <> endobj Restaurant Business. This text provides general information. Subway is a Registered Trademark of Subway IP LLC 2023 Subway IP LLC. Digital sales exceeded $1.3 billion in 2021, tripling since 2019, with efforts focused on being accessible and adapting to meet guests changing needs across online ordering, delivery, curbside, pick up and catering. The fully funded $836 million plan is well underway and full completion is being accelerated. DeLuca oversaw day-to-day operations of the company until he died in 2015. The world's largest sandwich chain announced Tuesday that it beat 2021 sales projections by nearly $1.4 billion and reached its highest annual AUV since 2014. McDonalds from 2019 through 2021 lost 454 net US restaurants, or 3.4% of its total, compared to Subways 15% drop over the same time period. John Chidsey, Subway CEO, said in a statement that "2021 sales results indicate we have the right team and strategy to bring our multi-year transformation journey to life. 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. In February, Subway said sales across the US steadily improved throughout 2021, although industry experts said the gains were mainlybecause of price inflationand that the chain continued to lag the competition. Daniel Enriquez, 48, was shot without provocation aboard a New York City subway train Sunday, police said. Accessed March 02, 2023. https://www.statista.com/statistics/464277/subway-us-sales/, Restaurant Business. LK?ut}GZmN%?o\]7 Subway has a rich history. Subway reports sales positive U.S. sales momentum in 2021. 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. Get full access to all features within our Business Solutions. ny-new-york-city-second-avenue-subway-phase-2-ar21-profile.pdf (879.86 KB) The New York Metropolitan Transportation Authority (MTA) proposes to extend heavy rail subway service along the East Side of Manhattan with the Second Avenue Subway Phase 2 project. endstream endobj startxref Are you interested in testing our business solutions? In New York, there has been a 22 percent decline over the past three years alone, federal filings said. The sandwich. 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. Subway is a Registered Trademark of Subway IP LLC 2023 Subway IP LLC. 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Subway Canada Reimagines Two Fan-Favourite Sandwiches, Packed with More Cheese and More Crunch. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. 1.6 MB, Sunway Berhad-Integrated Annual Report 2021 (Part 2).pdf Statista. Subway Milford, Connecticut About Subway Subway is owned and operated by Doctor's Associates. Foot traffic in restaurants has declined in recent years resulting in more than 1,000 franchise closures over the past 12 months. In an interview with Nations Restaurant News late last year, the Subway CEO said the company was focused on quality and not quantity of units. You can only download this statistic as a Premium user. All Rights Reserved. data than referenced in the text. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Buck and DeLuca's heirs each own 50% of the company. He said Subway now had about 20,000 US restaurants and was focusing on quality and not quantity. MILFORD, Conn., Oct. 12, 2022 /PRNewswire/ -- Subway, one of the world's largest restaurant brands, announced continued strong sales following the launch of Subway Series, an all-new menu with signature sandwiches and a simplified ordering process that builds on last summer's Eat Fresh Refresh and . Winsight is a leading B2B information services company focused on the food and beverage industry, providing insight and market intelligence to business leaders in every channel consumers buy food and beverage - convenience stores, grocery retailing, restaurants and noncommercial foodservice - through media, events, data products, advisory services, and trade shows. Its probably too early yet to start a sale until [co-founder] Peter Bucks will is settled.. 2022 will bring even more international agreements as the company continues to strategically expand and strengthen its footprint around the globe, partnering with strong, well-established operators with specific expertise in a market. 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"Sales of Subway restaurants in the United States from 2015 to 2021 (in billion U.S. dollars) ." new improved ingredients and craveable menu items that complement our 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. That suggests the 2021 figure was somewhere in between. Founded on FreshTM Sunway Berhad-Integrated Annual Report 2021 (Part 1).pdf, Sunway Berhad-Integrated Annual Report 2021 (Part 2).pdf, Sunway Berhad-Sustainability Report 2021.pdf, Sunway Berhad-CG Report-31 December 2021.pdf. Sales results indicate we have the right team and strategy to bring our multi-year transformation journey to life, Subway CEO John Chidsey said in a statement. Access to this and all other statistics on 80,000 topics from, Show sources information Number 8860726. Please do not hesitate to contact me. Toronto, February 27, 2023 Just when you thought your favourite subs couldnt get any better, two fan favourites are receiving epic upgrades with craveable ingredients now in even more ways Subway, one of the world's largest restaurant brands, and GenZ EV Solutions, a leading provider of electric vehicle (EV) charging solutions, are partnering on an EV Charging Oasis of the future. Lines and paragraphs break automatically. With their October dreams slipping away, the New York Yankees and the New York Mets enter this weekend's Subway Series hoping it won't be their last hurrah of the 2021 season. But for the top 75% of its locations, about 16,000 locations in all, same . 2021 FORM 10-K 1. traditional favorites with fast, friendly, affordable and convenient service to improve across all aspects of the brand, focused on better food and Today Subway is one of the most valuable restaurant brands worldwide, with. U.S. beats sales plan by nearly $1.4 billion, with its highest annual AUV in seven years. largest restaurant brands. 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. Available: https://www.statista.com/statistics/464277/subway-us-sales/, Sales of Subway restaurants in the United States from 2015 to 2021, Available to download in PNG, PDF, XLS format, Global quick service restaurant industry market size 2012-2022, U.S. quick service restaurant industry market size 2012-2022, Sales of the leading chain restaurants in the U.S. 2021, Leading sandwich chains in the U.S. in 2021, by systemwide sales, Leading quick service restaurant chains in the U.S. in 2021, by number of units, Number of Subway stores in North America 2021, by country, Sales of Subway restaurants in the U.S. 2015-2021, Initial franchise investments for Subway in the U.S. 2022, Number of Subway stores in Europe 2021, by country, Number of Subway restaurants in France 2021, by city, American Customer Satisfaction Index: QSRs in the U.S. 2022, by brand, American Customer Satisfaction Index: Subway in the U.S. 2012-2022, Most popular brands on Facebook in Canada 2021, by audience, Frequency of visiting Subway in Germany 2018-2021, Countries with the most Subway restaurants in Europe 2014, Countries with the most Subway stores per million people 2014, Countries with the most Subway restaurants worldwide 2017, Visitors to Subway restaurants in the last six months U.S. 2016, by ethnicity, Number of Subway restaurants in Canada 2011-2015, Countries with the most Subway restaurants in South America 2014, Countries with the most Subway restaurants in Asia/Middle East 2014, Americans preferring Subway in the U.S. in 2016 and 2017, by gender, Subway Colombia: social media brand management 2018, by score, Doctors Associates ad spend in the U.S. in 2017, by type, U.S. diners who state Subway is their most visited QSR 2016, by ethnicity, Sales of Firehouse Subs in the U.S. 2014-2021, Sales of Jersey Mike's in the U.S. 2014-2021, Consumer spending on eating out worldwide 2016, by region, Number of Panera Bread employees 2009-2016, U.S. buffet restaurant industry market size 2012 -2022, Sales of Subway restaurants in the United States from 2015 to 2021 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, number of Subway stores in the United States. 2023 Forbes Media LLC. 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