Wendy's improves as Arby's lags in 4Q

Wendy's improves as Arby's lags in 4Q

ATLANTA Wendy’s/Arby’s Group Inc. posted a net loss of $393.2 million for its fourth quarter, as impairment charges and continued slow sales at the Arby’s chain weighed down results.

The parent company to both the Wendy’s and Arby’s chains reported on Monday improving sales trends at Wendy’s, but weak results at Arby’s, which led one analyst to call the Arby’s business “a key swing factor” to a corporate turnaround.

Wendy’s/Arby’s Group, which

Register to view the full article

Register to view this article

Already a member? .

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