Wendy’s shares sink on report of 4th-Q comps

DUBLIN Ohio Shares of Wendy’s International Inc. fell to a 52-week low on Friday after the company reported disappointing preliminary fourth-quarter same-store sales results, including its first quarterly drop in more than a year in corporate same-store sales.

Same-store sales at U.S. company-owned restaurants fell 0.8 percent for the fourth quarter ended Dec. 30, Wendy’s said. That compares with an increase of 3.1 percent for the year-earlier fourth quarter.

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