Wendy's, Arby's parent cuts 4Q loss

ATLANTA Wendy's/Arby's Group Inc. significantly cut its net loss in the fourth quarter on fewer charges, but it continued to struggle with falling sales at Arby's.

The company reported a net loss of $13.6 million, or 3 cents per share, for the quarter ended Jan. 3, compared with a loss of $393.2 million, or 84 cents per share, for the same quarter a year earlier. After-tax charges totaled 10 cents a share in the latest fourth quarter, compared with 89 cents a share

Register to view the full article

Register to view this article

TAGS: News
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