What Are The Most Profitable Fast Food Chains On A Per Store
What Are The Most Profitable Fast Food Chains On A Per Store The most profitable fast food chains on a …
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least profitable fast food chain
A recent study by Forbes magazine has revealed that the least profitable fast food chain in the United States is Starbucks. The study looked at the ten most profitable fast food chains in the country and found that Starbucks was the least profitable of the group.
The study found that Starbucks made an operating income of just $-3 billion in 2016, which was significantly lower than the operating incomes of the other nine chains. In fact, Starbucks’ operating income was lower than the operating incomes of both McDonald’s and Burger King.
The study also found that Starbucks’ net income was significantly lower than the net income of the other nine chains. Starbucks’ net income was just $-1 billion in 2016, which was significantly lower than the net income of both McDonald’s and Burger King.
One reason for Starbucks’ lower profits may be its high operating costs. Starbucks spends a lot on advertising and marketing, which may increase the cost of goods sold. Additionally, Starbucks pays a high price