![]() Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account Figures from research firm Technomic said Arby’s pulled in nearly $4.5 billion in revenue last year, an increase of 6% year over year. Inspire said it “achieved record performance results” last year, with global sales across all of its brands exceeding $30 billion. The privately held company recently announced Arby’s sales at stores open at least a year grew more than 5% in the first quarter, closely mirroring its rivals like McDonald’s and Wendy’s. Arby’s claims its 50% bigger than McDonald’s Quarter Pounder, which about four years ago switched from frozen beef to fresh beef.Īrby’s is owned by Inspire Brands, the country’s second largest restaurant company that comprises of 32,000 locations across its brands, including Arby’s, Baskin-Robbins, Buffalo Wild Wings, Jimmy John’s, Dunkin’ and Sonic. The Wagyu Steakhouse Burger is served with American cheese, shredded lettuce, tomato, pickles, red onion and a “special burger sauce” on a toasted brioche bun. “Instead of focusing on making billions of mediocre burgers, we’re taking a stance on high-quality meat that deserves to be cooked properly,” Patrick Schwing, Arby’s chief marketing officer, said in a statement. The new burger will be available as of July 17, available for a limited time. Arby’s version weighs in at 6.4 ounces and is a 52% blend of American Wagyu and 48% ground beef that is cooked “sous vide style” to create a juicy and tender burger.Īrby's Wagyu Steakhouse Burger is the first burger Arby's is adding to its menu. TORONTO, July 13, 2023-Arbys Canada introduces its Bacon Ranch Wagyu Blend Burger. Wagyu, which means “Japanese cow,” refers to specific breeds of cattle and is known for its rich flavor and buttery tenderness. The company spent more than two years developing the burger. Its new burger is blend of Wagyu beef and ground beef and will be “highest-quality burger the market has seen yet,” the company said. More than ever, quick-serve restaurants are fighting for loyalty.Ī surprising but popular item might do the trick at Arby’s. That’s a substantially smaller footprint compared to other chains, like McDonald’s (roughly 14,000 locations).Īs prices surge, fast-food customers are growing increasingly picky about where they go out to eat, McDonald’s noted on a recent call with analysts. That’s important for Arby’s, which has 3,400 US restaurants, according to industry research firm Technomic. Arby’s announced Monday it’s adding the “Wagyu Steakhouse Burger,” which costs $5.99, as a limited-time offering beginning Monday through July 31.įast-food chains are constantly competing for customers’ dollars and attention, and specialty offerings are a way to attract new customers and maintain existing ones. But Arby’s has never sold one - until now.īetter known for its roast beef, the chain is adding a hamburger to its menu for the first time in its nearly 60-year history. All of this makes using wagyu for burgers a questionable decision at best, at least as far as cost-to-reward is concerned.Typically there’s nothing groundbreaking about a fast-food chain selling a hamburger. Plus, grinding beef makes it possible to alter the fat percentage of the blend since you're not constrained by the natural fat composition of a solid cut like a steak you can simply add more fat to the mix as needed to reach whatever fat percentage yields the flavor and juiciness you seek. Grinding beef automatically makes it more tender by cutting muscle fibers into short bits, which is why flavorful but tough cuts like oxtail have been added to burger blends with great results. And frankly, much of what makes the good wagyu such an appealing product is lost when ground for burgers. Plus, there's plenty of regular ground beef masquerading as wagyu, which helps explain its appearance and affordability on downmarket menus. Limited time only at participating U.S locations while supplies last. Made with a blend of 51 American Wagyu and 49 Ground Beef. Because of the god-tier wagyu of which dreams (and beef sweats) are made, the term has come to signify a quality level that much of the "wagyu" out there fails to deliver. Tomato Burger Sauce Brioche Bun A wagyu blend burger topped with American cheese, shredded lettuce, tomato, red onions, garlic & dill pickles, and burger sauce on a toasted brioche bun.
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