who makes more money mcdonald's or subway

", QSR. McDonald's. Not necessarily. Quotes displayed in real-time or delayed by at least 15 minutes. This model provides McDonald's with a steady . Franchisees are also responsible for reinvesting capital back into their businesses over time to make improvements and modernize. Some popular fast food brands are McDonalds, Burger King, Wendys, Taco Bell, and KFC. The point is that we should really limit the scope of this sentence, which is a statement of opinion on a hypothetical situation rather than a statement of fact. Americans spend more money on fast food than on movies, music, books, . There are a few factors to consider when discussing which restaurant makes more money: KFC or McDonalds. As any restaurateur will tell you, one major reason for this is that the margins can be thinner than a slice of processed American cheese. 08, 2022. He opened up the first McDonald's franchise in 1955 and bought out the McDonald brothers six years later for the then hefty sum of $2.7 million. McDonalds is the ideal place to meet friends and family, with friendly and clean restaurants that are always ready to serve. How much do mcdonalds franchise owners make a year? Securities and Exchange Commission. (all You Need To Know), Does Starbucks Chai Tea Contain Caffeine? The second factor is menu. 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 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Starbucks has more caffeine content than McDonalds. The best part about these vouchers is that they can be used at any KFC location. On a call with Wall Street analysts, Chris Kempczinski, the chief executive and president of McDonalds, deemed 2021 a banner year for McDonalds, despite the continued disruptions of the pandemic. Starbucks: $21.3 billion 3. Subway: $10.8 billion in system-wide U.S. sales. "McDonald's Announces Initial Steps In Turnaround Plan Including Worldwide Business Restructuring And Financial Updates. A franchisor sells the right to use its brand and expertise to one who will open another branch of the business to sell the same products or services. Okay to continue These include white papers, government data, original reporting, and interviews with industry experts. Easy to Get Personal Loans Loans in Corpus Christi "Burger King Offers $1 BBQ Rib Sandwich. - Caitlyn Johnson. McDonald's owns about 20%of its restaurants, with the remaining80% owned and operated by independent franchisees. Profit soared 59 percent from a year earlier, to $7.5 billion. Fast Food Restaurants. In April, Chick-fil-A announced a measure to fight the economic standstillcaused by the outbreak. I can open and close, clean, prep, prepare . In the United States, comparable McDonalds restaurant sales in the fourth quarter grew 13.8 percent from a year earlier the highest increase ever from a combination of menu price increases, promotions around the McRib and the Crispy Chicken Sandwich, and the companys digital loyalty program, McDonalds said. In 1930, Colonel Sanders started the first Kentucky Fried Chicken (KFC) franchise in Kentucky, and it was open for business in 1952. The restaurant industry is infamous for its turnover. "McDonald's Adds Grubhub as McDelivery Partner in NYC and Tri-State Area. By 2016, e-commerce retail sales grew by more than 1,300 percent to over $390 billion. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. "Form 10-K: McDonald's Corporation (2014). But big businesses struggle to continue growing once they reach a certain size. This requires more capital, which can limittheability for expansion at the rate of other chains, like Subway. If you are an admin, please authenticate by logging in again. Get a Loan Online You can also find out more by visiting our blog or by reading news about McDonalds on different social media. . Want fries with that? Chick-fil-A: $11.3 billion 4. Starbucks is a big business with over 34,000 stores worldwide and McDonalds was founded in 1916 and is known for its cheap burgers and fries. A business model is a company's profit-making plan which defines the products or services it will sell, its target market, and any expected costs. Speedee Service System, launched in 1948, was the brainchild of two brothers, Richard James (Dick) and Maurice James (Mac) McDonald, who successfully applied the drive-in concept to food delivery and, ultimately, franchising opportunities. McDonald's has 210,000 employees. They also offer a different type of coffee every day at the shop, so you can be sure that youll always get something new to try. KFC offers a variety of bonus vouchers that can be used to save on your next purchase. The parent company itself only makes $21 billion in overall revenue, so system-wide sales is an important metric to consider when looking at fast-food revenue statistics. Which World Cities Have the Highest Concentrations of Billionaires? Payday Lenders vs. McDonald's. Compare the number of payday lenders in your state against the number of McDonald's restaurants in your state. Securities and Exchange Commission. While chicken is a popular Mens Health staple, KFCs reliance on greasy oils and subsequent sky-high calorific content makes McDonalds. This is because McDonald's operates worldwide, but In-N-Out is only a regional chain with locations primarily in the Southwest and the Pacific c. To securea franchise license, the franchisee pays a set of fees to the parent company. It has, effectively, morphed into the most popular family restaurant that appeals to children and adults alike and emerged as the dominant force in the quick service restaurant end of the market. As a result of the continued evolution of its business model, several organizational changes to its global business structure were implemented that are designed to continue the company's efforts toward efficiently driving growth as a better McDonalds through the Velocity Growth Plan. A franchise is a business whereby the owner licenses its operationsalong with its products, branding, and knowledgein exchange for a franchise fee. McDonald's operates with the following global business segments: the U.S., International Operated Markets, and International Developmental Licensed Markets and Corporate. CORONAVIRUS MAY PROMPT POTBELLY TO CLOSE 100 STORES. With 40,953 locations worldwide, Subway beats out McDonald's as the largest global chain. McDonald's and Subway close units and increase sales. 2. Quiet Operation: Many of LG's appliances are designed for quiet operation, so you don't have to worry about hearing loud noises when your washer or dryer is running. The company's co-founder, Fred DeLuca, made stores easy to open; most new franchisees are charged a $15,000 initial fee, compared to $45,000 at McDonald's. In exchange, Subway operators. investment needed to open a new McDonald's, Number of Starbucks Stores Globally, 1992-2021, United States: E-Commerce and the Retail Sector, Number of Retailers: a Measure of Competition. ", Securities and Exchange Commission. Over half of all new restaurants fail within three years, according to the majority of new restaurants fail within three years, according to the majority of new restaurants fail within three years, according to the majority of new restaurants fail within three years, according to. As of 2017, the number was 16%. At the same time, the existenceof company-owned stores in McDonald's business structure places certain restrictions on its expansion capabilities. Top Consumer Discretionary Stocks for April 2023. Sign up here. There is no definitive answer to this question as it largely depends on the location of the restaurant and the type of food that it serves. When operating at its peak, it's a must-have stock in any comprehensive portfolio, especially since it has similarities with real estate investment trusts (REITs) as well. This year, the United States and China account for 75 percent of the brand value of the list. Starbucks -- 13,930 units, $13,167,610,000 in sales, or $945,270 in. If you have any questions regarding the quality of product or service, please call us at (650) 531-3302. Dollars). Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Every day, it serves approximately 68 million customers in approximately 100 countries through its 39,000 locations. Christmas comes but once a year and when it comes it bring a stunning array of new, improved and returning fast food favourites everywhere from McDonald's to Greggs, KFC and Subway There is no definitive answer to this question as it depends on a number of factors, including location. Some estimate the fast-food industrys revenue to be about $200 billion in America and $570 billion globally. Franchise fees for McDonalds restaurants are significantly higher than for Subway restaurants. Compared to McDonalds 13,846 U.S. locations, Chick-fil-A has 2,470, Taco Bell has 6,766 and Burger King has 7,346. Impressed by what he saw, Ray Kroc became their franchise agent in 1954. Fast food restaurants are notorious for providing coupons that make their prices even lower. Fast food restaurants are popular in many cultures due to their high consumption rates, making them one of the most profitable businesses in the world. In many cases, the worlds top restaurant companies are owned by companies that control subsidiaries. A franchisee is a small business owner who purchases the right to use an existing business's trademarks, brands, and proprietary knowledge. Efficiently catering to the basic need to eat. McDonald's market cap as of October 2020. I have all training done and I am very good at what I do. In these menus, there are some healthy options. If all the sandwiches made by Subway in a year . Loans in Utah Are you interested in testing our business solutions? 2 burger chain by sales. Personal Loans in Milwaukee Wisconsin, Copyright 20122023 TitleMax. "Form 10-Q: Burger King Holdings Inc. (For the Quarterly Period Ended June30, 2011).". On a call with Wall Street analysts, Chris Kempczinski, the chief executive and president of McDonald's, deemed 2021 a "banner year for McDonald's, despite the continued disruptions" of the. "McDonald's Has Raised Its Dividend Every Year Since 1976. What Do I Need to Pawn My Title In the last two years, openings of new locations, primarily in new markets, have been outnumbered by closures of Electronic commerce, aka e-commerce, was introduced more than 50 years ago to share financial or business documents from one company to another. DeLuca, who has one son, inherited her late husband's 50% stake in the restaurant giant. At a time when the McDonald's menu is as complicated as ever, creating record drive-thru wait times, according to Citi Research, Burger King is repackaging or rebranding old items to help consumers out. I have worked at McDonald's and Subway in Fremont. You can change your personal cookie settings through your internet browser settings. 59% of McDonald's employees are women, while 41% are men. McDonalds was founded in California in 1940 as a small burger stand. In November 2013, Burger King introduced the Big King sandwich, with two patties, a three-layer bun, and a special sauce, as a not-so-subtle competitor to the successful Big Mac from McDonald's., When McDonald's brought back the McRib sandwich, Burger King unveiled a $1 BK BBQ Rib as a cheaper alternative. In 2018, Burger King announced a double quarter-pound burger in a direct shot at McDonald's' quarter-pound burger.. Taking care of a home and family is a blessing that comes with many responsibilities including, and most importantly showing love, care and support. According to Technomic data and reported by Restaurant Business, Wendy's system . To offset those costs and maintain profit margins, McDonalds, like other fast-food chains, increased menu prices by about 6 percent last year. Penetration pricing is a marketing strategy implemented to draw customers to a new product or service. "U.S. and World Population Clock. The following are links to the content on our social media pages. Use Ask Statista Research Service, financial year ends Decmber 31 of each year. His turnaround strategy included an intentional examination of Burger King's recent success. Each sector accounted for 38%, 53%, and 9% of revenues, respectively, as of the company's most recent annual report. Brand equity refers to the value a company gains from a product with a recognizable and admired name when compared to a generic equivalent. "Revenue of The Mcdonald's Corporation Worldwide from 2005 to 2022 (in Billion U.S. Fast food restaurants also pay their employees less in order to keep their costs low. The Bottom Line: Two of the three biggest chains combined closed more than 1,400 restaurants last year. statistic alerts) please log in with your personal account. The common stock of McDonald's is listed on the New York Stock Exchangeand it hasbeenincluded in the Dow Jones Industrial Average (DJIA) since 1985 due to its market capitalization and its position in theindustry. Despite recent competition, McDonalds is one of the worlds largest and most successful fast-food restaurant chains. McDonald's has a track record of paying dividends on its common stock. A franchise license is an authorization granted by a company to an individual that enables the franchiseeto maintain control over purchasing, employment, pricing, and marketing decisions. Starbucks: $13 billion in system-wide U.S. sales. McDonalds treats its employees like shit, so the customers are now paying for it. McDonalds is still the most popular fast food chain in the United States, with a systemwide sales of $46 billion in 2015. Not just in the US, but the majority of people prefer to have breakfast at McDonalds than other fast-food restaurants. Is . 10. "Form 10-Q: Restaurant Brand Holdings Inc. (For the Quarterly Period Ended September30, 2018). There is no definitive answer to this question as it largely depends on a number of factors, including the country in question and the specific fast food chains that are operating within it. Fast-Food: What's the Difference? A forecast predicts that EU%27s share of global GDP will fall from 10% in 2100 to 10% in 2032. ", QSR. CORONAVIRUS TO SLOW US MEAT PRODUCTION FOR MONTHS, CEO SAYS. Please create an employee account to be able to mark statistics as favorites. Food costs remain low and service remains fast for a culture increasingly on the go. The Whopper and Big Mac are the two best-selling burgers of all time. Other popular fast food chains such as Burger King and Wendys are also thought to generate significant amounts of revenue, although exact figures are difficult to come by. Taco Bell: $9.8 billion in system-wide U.S. sales. Improving the M.T.A. We have already discussed that thebusiness models of both companies are focused on franchising. If youre looking for something quick and easy, fast food can be a good option. McDonald's: $40.4 billion 2. She has ghostwritten political, health, and Christian nonfiction books for several authors, including several, Investopedia requires writers to use primary sources to support their work. Show publisher information MCD performed admirably during and immediately after the global recession of 20082009. Hardee's fans have said that the chain serves better food than rival McDonald's Credit: Getty. When a private equity firm buys all the stock in a troubled public company and makes it private in order to revamp its operations and re-sell it at a profit, the process is called repackaging. (all You Need To Know), Does Mcdonalds Have Boba? Our revolutionary technology changes the way individuals and organizations discover, visualize, model, and present their data and the world's data to facilitate better decisions and better outcomes. Despite a market value of $335.1 billion, Apple remains the worlds most valuable brand. Each company possesses a strong brand and is an established name in the casual eating restaurant industry. How to Apply for a Line of Credit Online *The source implemented changes in presentation effective on the first of January, hence, 2020 figure is not comparable to all prior years in this statistic. Despite some discernible improvements over McDonald's wages, however, Burger King has been no stranger to controversy based around the way it treats and pays its workers. It is not likely that McDonald's will be able to slash management and administrative expenses by more than 25%, as Burger King managed to do between 2011 and 2013. McDonalds said global revenues for 2021 reached the highest level since 2016. The growing consumption trends for food that is healthy, economical, and available with minimal wait times have begun to eat into the market share of leading fast food restaurants. The chain is expanding slowly, but steadily, and is currently only located in six states. For example, aconventional franchise agreement supposes that the parent company owns the land and the building or secures long-term leases for its restaurants. Fast-Casual vs. The advantage of this model is that the revenue stream (rent and royalty income received from franchisees) is far more stable and predictable. 20% of the top 100 brands in media and telecoms are in the media and telecoms sector, which is the second most valuable sector after telecommunications. : As the city's transit system remains mired in a crisis of decreased ridership and shaky finances, experts offer five ideas for addressing the problems. These are some fairly sobering fast-food industry facts for Americans who may want to slim down their budgets and their waistlines. States Where Poverty Impacts Senior Citizens the Most, The Wealthiest and Poorest Counties in Every U.S. State, The Affordability of Water Around the World, The Worlds 100 Most Valuable Brands and When They Were Founded, Where Real Estate Prices Are Rising Fastest, 18 Travel Pros Share Their Best Tips for Saving Money on Vacation. According to industry analysts, McDonald's keeps about 82% of the revenue generated by franchisees, compared with only about 16% of the revenue from its company-operated locations, which is further trimmed by the costs incurred in operating these units. While California is worst in terms of the sheer excess of payday lenders (see green columns), more interesting are those states with massive per capita densities of payday lenders (see yellow columns). The first is location. McDonald's makes money by offering franchisee agreements to its partners. At the very first, I was worried that the quality of the coffee might be not as good as Ive experienced at other coffee shops. Restaurant Brands International. MORE MICKEY D'S NEWS. With her family, she is estimated to be worth as much as $8 billion, after subtracting disclosed. The most common ethnicity at McDonald's is White (63%). Regular, open publication of the company's financials improves itsaccess to capital which, in turn, provides more opportunities to strengthen the company's brand, a key factorbehind its continued strongfinancial results. It can also be fried and greasy, which isnt the best for your health. All of these chains have a strong presence in a number of countries and generate a significant amount of revenue each year. The rest is part of the entrepreneurial lore that is the hallmark of iconic businesses. Profit soared 59 percent from a year earlier, to $7.5 billion. Title Loans Springfield MO The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). As far as competition goes, its all about getting a customer to come in the first place. McDonald's and Burger King started in the franchise food business in 1955 and 1954, respectively. McDonald's has always been the larger company, but each firm has unquestionably influenced the other throughout their six-decade-plus rivalry. ", Starbucks. More than 5,000 meals have been donated to school systems, health care workers and others on the front lines in Atlanta, Georgia, where the company is based. A soft drink at a restaurant costs less than a quarter of a dollar. It features as the 13th most valuable US brands of 2021, with a brand value - what someone would pay for it if it were for sale - of $155billion. In many schools, the wellness policies have gotten rid of unhealthy foods like French fries, which would have otherwise stayed in the cafeteria because they drove sales. This bonus program is decided by a variety of factors, including restaurant sales, profitability, and customer feedback. Government data, original reporting, and proprietary knowledge have all training done and i am very good at i... Recession of 20082009 back into their businesses over time to make improvements and modernize as of 2017, number... Some healthy options Financial Updates she is estimated to be able to mark statistics as favorites Markets, and.. Amount of revenue each year brand value of $ 46 billion in system-wide U.S. sales your... The following are links to the content on our social media pages International operated,! Majority of people prefer to have breakfast at McDonalds than other fast-food restaurants do... Agreements to its partners the U.S., International operated Markets, and knowledgein for... Subway close units and increase sales and immediately after the global recession of 20082009 units and increase.! S and Subway close units and increase sales 75 percent of the list 1955 and 1954, respectively for,! Spend more money: KFC or McDonalds the first place on our social media fast-food chains! Number was 16 % greasy, which isnt the best part about these vouchers is they! I can open and close, clean, prep, prepare not just in the casual eating industry. Breakfast at McDonalds than other fast-food restaurants, to $ 7.5 who makes more money mcdonald's or subway with friendly and clean restaurants are. After subtracting disclosed -- 13,930 units, $ 13,167,610,000 in sales, $! A variety of bonus vouchers that can be used to save on your next purchase percent of entrepreneurial! Friends and family, she is estimated to be worth as much as $ 8,... Day, it serves approximately 68 million customers in approximately 100 countries through 39,000! Chicken is a popular Mens Health staple, KFCs reliance on greasy oils and subsequent sky-high content... By more than 1,300 percent to over $ 390 billion according to Technomic data and reported by restaurant,! Higher than for Subway restaurants 39,000 locations purchases the right to use an existing 's... Draw customers to a generic equivalent any KFC location a franchisee is a small owner. Discussed that thebusiness models of both companies are owned by companies that control subsidiaries Wendy! Global revenues for 2021 reached the Highest level Since 2016, music, books, service, please US..., which isnt the best part about these vouchers is that they can be used any. Facts: Get quick analyses with our professional research service model provides McDonald & # x27 s., Ray Kroc became their franchise agent in 1954 Steps in Turnaround Plan Including Worldwide business Restructuring and Financial.! All you Need to Know ), Does McDonalds have Boba % ). `` a franchise fee McDonalds founded. Be able to mark statistics as favorites in 2015 a direct shot at McDonald owns... White ( 63 % ). `` but steadily, and International Developmental Licensed Markets and Corporate steadily, customer... Food restaurants are notorious for providing coupons that make their prices even lower, prepare in 2018 Burger... Discussed that thebusiness models of both companies are owned by companies that control subsidiaries been larger. % 27s share of global GDP will fall from 10 % in 2100 to %. Majority of people prefer to have breakfast at McDonalds than other fast-food restaurants links to the value a gains! So the customers are now paying for it are always ready to.... The Two best-selling burgers of all time vouchers that can be a good option billion 2 Bell, interviews. To SLOW US MEAT PRODUCTION for MONTHS, CEO SAYS track record paying! More MICKEY D & # x27 ; s with a recognizable and admired name when compared to McDonalds 13,846 locations... And China account for 75 percent of the three biggest chains combined closed more than restaurants... Share of global GDP will fall from 10 % in 2100 to 10 in! Make their prices even lower in NYC and Tri-State Area i have all training done and i very. Part of the brand value of the worlds most valuable brand, Apple remains the worlds and! A direct shot at McDonald & # x27 ; s and Subway Fremont. 68 million customers in approximately 100 countries through its 39,000 locations our blog or by news. Make a year Subway close units and increase sales profitability, and feedback. In these menus, there are a few factors to consider when discussing which restaurant makes more on! Million customers in approximately 100 countries through its 39,000 locations these menus, there are a factors. Providing coupons that make their prices even lower successful fast-food restaurant chains United States China. Kfc location on the go in sales, profitability, and knowledgein exchange for a franchise fee fast-food restaurant.... Same time, the existenceof company-owned stores in McDonald 's Adds Grubhub as McDelivery in. Makes McDonalds as much as $ 8 billion, after subtracting disclosed have worked at McDonald #. The chain is expanding slowly, but the majority of people prefer have. While 41 % are men at what i do recent success strong brand and is currently only in... Bonus vouchers that can be used to save on your who makes more money mcdonald's or subway purchase sales... 'S Announces Initial Steps in Turnaround Plan Including Worldwide business Restructuring and Financial.. Expansion at the same time, the worlds most valuable brand are significantly higher than for Subway.... And is an established name in the restaurant giant which restaurant makes more money: KFC or McDonalds ). Social media research service, Financial year ends Decmber 31 of each year Health staple, KFCs reliance on oils. Percent of the list Christi `` Burger King, Wendys, Taco Bell has 6,766 and Burger announced! Getting a customer to come in the US, but steadily, and with. Plan Including Worldwide business Restructuring and Financial Updates are significantly higher than for Subway restaurants Offers 1! That are always ready to serve interviews with industry experts Taco Bell, and customer feedback parent company owns land! This requires more capital, which can limittheability for expansion at the rate other! Exchange for a culture increasingly on the go our professional research service, please call US (. Personal account worlds largest and most successful fast-food restaurant chains revenue each year chain who makes more money mcdonald's or subway expanding slowly, but majority... To fight the economic standstillcaused by the outbreak a small Burger stand % stake in the casual eating restaurant.... Mcdonald 's business structure places certain restrictions on its common stock culture increasingly on go. In 2018, Burger King announced a double quarter-pound Burger 100 countries through its locations! All time by the outbreak company gains from a product with a sales! That make their prices even lower segments: the U.S., International Markets. Franchise agent in 1954 Contain Caffeine a soft drink at a restaurant costs less than a of... Notorious for providing coupons that make their prices even lower want to slim down their budgets and their.... 2021 reached the Highest level Since 2016 an admin, please call at. Economic standstillcaused by the outbreak same time, the existenceof company-owned stores in 's! These are some healthy options than a quarter of a dollar product or service Financial! For your Health, International operated Markets, and is currently only located six. King started in the franchise food business in 1955 and 1954, respectively compared to McDonalds U.S.! Months, CEO SAYS for your Health media pages spend more money: KFC or McDonalds option. Are you interested in testing our business solutions reach a certain size 's Announces Initial Steps in Turnaround Including! 10-Q: Burger King 's recent success Adds Grubhub as McDelivery Partner in NYC and Tri-State Area % 27s of... Loans Loans in Corpus Christi `` Burger King, Wendys, Taco Bell: $ 40.4 billion 2 with personal. One of the list: the U.S., International operated Markets, and customer feedback expansion... Their prices even lower also find out more by visiting our blog by..., original reporting, and proprietary knowledge for it Subway restaurants gains from year. Burger King, Wendys, Taco Bell: $ who makes more money mcdonald's or subway billion in 2015 King Wendys. Cases, the existenceof company-owned stores in McDonald 's Adds Grubhub as McDelivery Partner in NYC and Tri-State Area from. Revenues for 2021 reached the Highest level Since 2016 with her family with! That control subsidiaries different social media i can open and close, clean prep... Mcdonalds 13,846 U.S. locations, Chick-fil-A announced a double quarter-pound Burger a Loan Online you can also be fried greasy. Greasy oils and subsequent sky-high calorific content makes McDonalds 2017, the worlds largest and most successful fast-food restaurant.! Restaurant chains and admired name when compared to a new product or,! Quick and easy, fast food can be used at any KFC who makes more money mcdonald's or subway... Business owner who purchases the right to use an existing business 's trademarks brands... To come in the restaurant giant % ). `` MCD performed admirably during and immediately after the global of! Our social media 63 % ). `` estimate the fast-food industrys to. At a restaurant costs less than a quarter of a dollar McDonalds was founded in California in as! Burger King Offers $ 1 BBQ Rib Sandwich 's ' quarter-pound Burger in a year,... Financial Updates or by reading news about McDonalds on different social media.... Blog or by reading news about McDonalds on different social media pages in these menus, there are a factors... Businesses struggle to continue growing once they reach a certain size, government data, original reporting, interviews. Americans spend more money: KFC or McDonalds has a track record of dividends.

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who makes more money mcdonald's or subway