The Wendy’s Co. reported a large net loss in the third quarter as it paid down debt, but investments in its “Image Activation” remodeling program have the brand confident it will achieve its growth targets for 2012 and accelerate those plans next year. For the Sept. 30-ended quarter, the Dublin, Ohio-based company's net loss widened considerably to $26.2 million, or negative 7 cents per share, compared with a net loss of $4 million, or negative 1 cent per share, a ...
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Contact: Desiree Torres Desiree.Torres@penton.com