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 was formed last year after Arby’s ...
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Contact: Desiree Torres Desiree.Torres@penton.com