No. 3 burger brand may overtake No. 2 in battle for market share
Wendy’s soon could leapfrog Burger King as the second-largest burger chain in terms of U.S. market share, according to a new research note from securities analyst Mark Kalinowski of Janney Capital Markets. “We expect Wendy’s to overtake privately held Burger King for the No. 2 market share position within the limited-service hamburger sector, perhaps as soon as this year,” Kalinowski wrote. The chain has been positioning itself to grow in the upcoming years with ...
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