{"id":577879,"date":"2026-08-07T20:14:09","date_gmt":"2026-08-07T20:14:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/577879\/"},"modified":"2026-08-07T20:14:09","modified_gmt":"2026-08-07T20:14:09","slug":"burger-king-tops-wendys-as-nations-second-largest-burger-chain","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/577879\/","title":{"rendered":"Burger King tops Wendy&#8217;s as nation&#8217;s second-largest burger chain"},"content":{"rendered":"<p>Burger King and Wendy&#8217;s signage.<\/p>\n<p>Getty Images<\/p>\n<p>Burger King has overtaken <a href=\"https:\/\/www.cnbc.com\/quotes\/WEN\/\" rel=\"nofollow noopener\" target=\"_blank\">Wendy&#8217;s<\/a> as the second-largest burger chain in the U.S. by systemwide sales, retaking its crown six years after losing it to the rival chain.<\/p>\n<p>The change in positions follows the two companies&#8217; diverging results over the past two years. <\/p>\n<p>Wendy&#8217;s has reported shrinking U.S. same-store sales for six straight quarters. Its domestic same-store sales slipped 7% in its latest quarter, the <a href=\"https:\/\/www.irwendys.com\/news\/news-details\/2026\/THE-WENDYS-COMPANY-REPORTS-SECOND-QUARTER-2026-RESULTS\/default.aspx\" target=\"_blank\" rel=\"nofollow noopener\">company reported<\/a> on Friday. <\/p>\n<p>Meanwhile, Burger King has been embarking on a turnaround and has seen its domestic same-store sales rise over the past five quarters; the <a href=\"https:\/\/www.cnbc.com\/quotes\/QSR\/\" rel=\"nofollow noopener\" target=\"_blank\">Restaurant Brands International<\/a> chain on Thursday reported U.S. same-store sales growth of 8.5% for its <a href=\"https:\/\/www.cnbc.com\/2026\/08\/06\/restaurant-brands-international-q2-2026-earnings.html\" rel=\"nofollow noopener\" target=\"_blank\">second quarter<\/a>.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/MCD\/\" rel=\"nofollow noopener\" target=\"_blank\">McDonald&#8217;s<\/a> holds onto its spot as the number one burger chain, with a significant lead. Although the company only reports its systemwide sales on a global basis, it held about 48% of the <a href=\"https:\/\/www.cnbc.com\/2024\/12\/13\/restaurant-winners-and-losers-include-mcdonalds-chilis-taco-bell.html\" rel=\"nofollow noopener\" target=\"_blank\">U.S. burger market<\/a> share in 2024, according to Barclays. For comparison, at that time, Wendy&#8217;s had an 11.4% share of the market, while Burger King had a 10% hold.<\/p>\n<p>Wendy&#8217;s initially overtook Burger King through the success of its nationwide breakfast launch. But staying number two has been a rocky road. <\/p>\n<p>Both Wendy&#8217;s and Burger King had to navigate the Covid-19 pandemic and the subsequent supply chain issues that led to soaring food costs. Then came the consumer pushback against rising menu prices and a pullback in restaurant spending. <\/p>\n<p>In late 2022, <a href=\"https:\/\/www.cnbc.com\/2022\/09\/09\/burger-king-400-million-plan-to-revive-us-sales-with-remodels-advertising.html\" rel=\"nofollow noopener\" target=\"_blank\">Restaurant Brands announced<\/a> a turnaround plan for Burger King&#8217;s U.S. business after a year of lackluster sales. The strategy has focused on improving its food quality, investing in marketing and remodeling restaurants.<\/p>\n<p>While Burger King tried to find its footing, Wendy&#8217;s was dealing with a revolving door of chief executives at a time when consumers were growing even more value conscious and beef costs were soaring. <\/p>\n<p>In 2024, Wendy&#8217;s longtime CEO Todd Penegor retired after eight years in the role. PepsiCo executive <a href=\"https:\/\/www.cnbc.com\/2024\/01\/18\/wendys-taps-kirk-tanner-as-new-ceo-as-burger-chain-fights-off-activist-pressure.html\" rel=\"nofollow noopener\" target=\"_blank\">Kirk Tanner succeeded<\/a> him but left after a little more than a year to lead Hershey&#8217;s. CFO Ken Cook took over as interim CEO until Wendy&#8217;s tapped former Potbelly CEO <a href=\"https:\/\/www.cnbc.com\/2026\/05\/20\/wendys-taps-former-potbelly-ceo-bob-wright-to-lead-burger-chain.html\" rel=\"nofollow noopener\" target=\"_blank\">Bob Wright<\/a> as his permanent replacement in May.<\/p>\n<p>&#8220;Our quality differentiation has eroded, our value proposition has weakened, and we have not consistently delivered the experience customers expect from Wendy&#8217;s,&#8221; Wright said on the company&#8217;s earnings conference call on Friday. &#8220;These issues have weighed on traffic and created pressure on the restaurant economic model, which is the heartbeat of this business, and this is reflected in our latest results.&#8221;<\/p>\n<p>Now Wendy&#8217;s is planning to embark on its own turnaround to revive sales, meaning that Burger King can&#8217;t rest on its laurels. <\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Burger King and Wendy&#8217;s signage. Getty Images Burger King has overtaken Wendy&#8217;s as the second-largest burger chain in&hellip;\n","protected":false},"author":2,"featured_media":577880,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[6461,114,357,3313,85,46,231,43414,30420,201039,189,6462,1032,202573],"class_list":["post-577879","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-breaking-news-business","tag-business","tag-business-news","tag-earnings","tag-il","tag-israel","tag-lifestyle","tag-mcdonalds-corp","tag-pepsico-inc","tag-restaurant-brands-international-inc","tag-restaurants","tag-retail-industry","tag-united-states","tag-wendys-co"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/577879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=577879"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/577879\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/577880"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=577879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=577879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=577879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}