Wendy’s profits dip 90% without Tim Hortons and Baja Fresh

News

DUBLIN Ohio Wendy’s International Inc. posted a nearly 90-percent plunge in fourth-quarter net income versus a year earlier, reflecting the loss of profits from Tim Hortons, one of the chains it divested under intense pressure from shareholders.

The burger giant also logged $5.7 million in research and development expenses during the quarter for its namesake chain’s planned rollout of breakfast, which is currently being tested in about 150

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish