Wendy’s narrows loss in 3Q

Wendy’s narrows loss in 3Q

Company points to menu innovations, brand revamp

The Wendy’s Company reported on Thursday that it significantly narrowed its loss in its Sept. 29-ended third quarter, attributing continued momentum to brand transformation efforts and menu innovations like the popular Pretzel Bacon Cheeseburger. In an ongoing refranchising effort, the company has sold 118 restaurants to date, generating $66 million. Wendy’s operates or franchises more than 6,500 restaurants in the U.S. and 28 countries and U.S. territories worldwide.


Result: -$1.9 million, or 0.0 cents per share
(from -$26.2 million, or 7 cents per share)


Result: $640.8 million
% Increase: 0.7% (from $636.3 million)


% Increase at company-owned North American units: 3.2%

% Increase at franchised North American units: 3.1%

Source: Company report

Wendy’s introduces Pretzel Pub Chicken sandwich [4]
Wendy's 2Q profit swings positive [5]
More restaurant finance news [6]

Contact Lisa Jennings at [email protected] [7].
Follow him on Twitter: @livetodineout [8]