Wendy's Takes No. 2 Spot From Burger King
NEW YORK (AP) - Wendy's has dethroned Burger King as the country's second biggest hamburger chain.
Wendy's edged out Burger King in U.S. sales volume for the first time last year since Wendy's was founded in 1969, according to a report by the food industry research firm Technomic Inc. that's set to be released next month.
Wendy's had sales of $8.5 billion in 2011, compared with $8.4 billion for Burger King.
McDonald's remained far larger than both with $34.2 billion in sales. The figures are based on Technomic's estimates of system-wide sales at franchise and company-owned restaurants, rather than corporate revenue, which includes fees from franchise operators.
Worldwide, Burger King still has far more restaurants than Wendy's and remains the second biggest hamburger chain behind McDonald's.
Both Burger King and Wendy's have struggled in recent years to keep up with the growth of McDonald's, which has managed to keep prices low through the recession, while also introducing a new menu items and remodeling restaurants.
Sales are up 26 percent in the past five years at McDonald's, up 9 percent at Wendy's and flat at Burger King, according to Technomic.
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