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-0.000663570006635804 -0.000663570006635804 0.00597213005972129 0.00796284007962835 0.0159256801592567 0.00928998009289972 0.0119442601194426 -0.00132714001327149
Stock impact report

Wendy's closes U.S. restaurants and focuses on value to turn around falling sales [BNN Bloomberg (Canada)]

Wendy's Company (The) (WEN) 
Last wendy's company (the) earnings: 2/26 07:00 am Check Earnings Report
Company Research Source: BNN Bloomberg
The Dublin, Ohio-based company said Friday that its global same-store sales, or sales at locations open at least a year, fell ten per cent in the October-December period. That was worse than the 8.5 per cent drop expected by analysts polled by FactSet. U.S. same-store sales fell even further in the fourth quarter. Wendy's said late last year that it planned to close underperforming U.S. restaurants, but it gave more details about those closures Friday. Wendy's said it already closed 28 restaurants in the fourth quarter and ended 2025 with 5,969 U.S. locations. It expects to close between five per cent and six per cent of its U.S. restaurants – or 298 to 358 locations – in the first half of this year. Those actions come on top of the closure of 240 U.S. Wendy's locations in 2024. At the time, the 57-year-old chain said many of its locations are simply out of date. Like McDonald's, Taco Bell and other rivals, Wendy's also plans to emphasize value as it tries to win back inflati Show less Read more
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