Wendy's to close hundreds of US stores next year [FOX Business Network]
Wendy's Company (The) (WEN)
Last wendy's company (the) earnings: 2/26 07:00 am
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Source: FOX Business Network
Fast food giant Wendy's plans to close hundreds of its U.S. stores next year as part of a broader effort to revive its domestic business, which has been under pressure from slowing sales. Interim CEO Ken Cook said during the company's earnings call on Friday that a "mid-single-digit percentage" of its 6,011 U.S. restaurants are expected to close next year. A mid-single-digit percentage is about 4% to 6%, which means the least number of closures would be 241 stores. FOX Business reached out to Wendy's for comment. This comes as Wendy's executives said that its business and sales "remain under pressure" and that it is "acting with urgency" to return sales at its U.S. stores to growth. In its latest fiscal quarter, global sales were down 2.6% and sales at U.S. locations fell 4.7%. The company blamed the drop in U.S. sales largely on fewer customer visits, though this was partially offset by higher spending per order. However, the company said in its earnings call that it is ma
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WEN
Earnings
- 11/7/25 - Beat
WEN
Sec Filings
- 11/21/25 - Form 4
- 11/21/25 - Form 4
- 11/20/25 - Form 8-K
- WEN's page on the SEC website