Wendy's profit hit hard by charges

DUBLIN Ohio Wendy's International Inc. blamed higher commodities costs and charges related to its restructuring process for a 32-percent plunge in second quarter net income. For the second quarter ended June 29, Wendy's earned $19.9 million, or 22 cents per share, compared with $29.2 million, or 33 cents a share, a year ago. Excluding $10.1 million in restructuring costs and charges related to a special board committee's review of strategic alternatives, Wendy's would have earned 30 ...

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