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Stock impact report

Wendy's targets Latin America for expansion [Yahoo! Finance]

Wendy's Company (The) (WEN) 
Last wendy's company (the) earnings: 2/26 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
You can find original article here Nrn . Subscribe to our free daily Nrn newsletters Wendy's is identifying some 200 to 300 underperforming restaurants in the United States for closure, but the company's expansion strategy in Latin America is full speed ahead. The company announced the finalization of two new franchise agreements that will add more than 60 new restaurants in Mexico in the coming years.  Wendy's franchise agreement with AJ Group includes plans to develop 50 new Wendy's restaurants in Mexico City and the states of Mexico, Hidalgo, and Morelos. The first new Wendy's restaurant in Mexico City is planned to open this year. "We are proud to partner with Wendy's to grow this iconic brand in the Mexico City region. Wendy's is known globally for its fresh, made-to-order food, and distinctive brand personality, which we know will resonate well with Mexican consumers. By combining the strength of the Wendy's brand with our local development and operational experience, we Show less Read more
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