Company accelerates reimaging plan as remodeled units sustain 25-percent sales lift
The Wendy’s Company's turnaround efforts appeared to be taking hold in the second quarter, and the company plans to accelerate remodeling efforts next year as “new look” units show a sales lift of up to 25 percent, the company said Thursday. For the second quarter ended July 1, Wendy's reported a loss of $5.5 million, or a loss of 1 cent per share, compared with income of $11.3 million, or 3 cents per share, last year, primarily as a result of a $25.2 million pretax charge ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!