Initial results for 2013
(Continued from page 1) An unaudited report for Wendy’s fourth quarter and full fiscal year of 2013 showed momentum in same-store sales, though refranchising efforts caused revenue to decrease. For the Dec. 29-ended fourth quarter, the chain disclosed a preliminary range for net income between $25.2 million and $28.7 million, or 10 cents to 11 cents per share, compared with $26.4 million, or 9 cents per share, in the fourth quarter of 2012. Revenue fell 6 percent to $592.4 million, ...
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