Subway's Same-Store Sales Soar 12.1% in Q1 Amidst Company Sale Plans.

Subway reported a 12.1% increase in global same-store sales in Q1 2022, marking the ninth consecutive quarter of positive sales growth. The company is also eyeing a sale by late May or early June, with more than 10 possible suitors looking to buy Subway at a valuation of $10 billion or more. Subway's CEO said that international growth is one of the biggest opportunities for the company. Subway recently announced its largest menu update in company history and is set to unveil new menu items and digital enhancements in the coming months.