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 in charges in the ...
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Contact: Desiree Torres Desiree.Torres@penton.com