Wendy’s/Arby’s narrows 4Q net loss

Wendy’s/Arby’s Group Inc. narrowed its net loss in the fourth quarter, and reiterated that it would focus on the growth of its Wendy’s brand while exploring strategic alternatives for the Arby’s chain.

For the fourth quarter ended Jan. 2, Wendy’s/Arby’s net loss totaled $10.8 million, or 3 cents per share, which included after-tax charges of $16.5 million, or 4 cents per share. A year earlier, the company posted a net loss of $14.7 million, or 3 cent

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