Wendy’s posts strong earnings despite flat sales

DUBLIN Ohio Wendy’s International Inc. said its profit for the fourth quarter ended Dec. 30 quadrupled to $14.1 million, or 16 cents a share, from the prior-year period, when results included charges from the spinoff of Tim Hortons and Baja Fresh Mexican Grill. Still, profits fell short of analysts’ consensus forecast of 23 cents per share.

The profit increase came despite virtually flat revenues of $596 million, compared with $596.4 million in the year-ago

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