Subway first quarter same-store-sales surges 12.1%
This is the ninth consecutive quarter of positive sales for the brand.
In the first quarter of 2023, Subway saw positive traffic and double-digit growth in global restaurant sales, with same store sales increasing by 12.1% and digital sales jumping 11.4%.
"Our continued impressive performance demonstrates that our efforts to build a better Subway and win back the hearts and minds of sandwich lovers around the globe is working. With strong sales momentum across our restaurants and a refreshed focus on strategic brand growth, there has never been a more exciting time to be part of the Subway brand,” said John Chidsey, CEO of Subway.
Looking ahead, Subway said it plans to keep the momentum going as it continues to improve across all aspects of the brand. Guests can expect to see new, craveable menu items and digital enhancements rolled out in key markets around the world in the coming months.
In addition, Subway remains focused on smart growth to boost franchisee profitability and protect the brand's position in the market, including strategically opening new traditional and non-traditional locations.