Wendy’s 3rd-Q net income plummets 56%

DUBLIN Ohio Wendy’s International Inc. on Thursday reported a steep drop in its third-quarter net income as year-ago profits from the now-spun-off Tim Hortons, restructuring costs and expenses from the company’s current strategic review chopped latest-quarter earnings by more than half from a year ago.

Still, the parent company of 6,600 corporate or franchised Wendy’s locations posted a 55-percent jump in income from continuing operations for the third quarter

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