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Wendy’s grows 4Q same-store sales with operational improvements

Revenue declines as refranchising continues

Remodels and general operational improvements contributed to The Wendy’s Co.’s increase in same-store sales by 4.8 percent at North American locations for the fourth quarter of 2015 ended Jan. 3, the company said.

The quick-service burger chain also continued refranchising in 2015, with the ultimate goal of reducing company-owned restaurants to about 5 percent of the system. It closed the fiscal year with 363 fewer company-operated restaurants than it had at the beginning of the

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