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For the third quarter — which ended Sept. 29 — Wendy’s reported a net income of $50.2 million, or 25 cents per share, which was down from $58 million (28 cents per share) in the same period ...
By the end of 2024, some may find it a little harder to score a Wendy's burger. The company just announced plans to close a large swath of its restaurants before the year comes to an end—and the ...
Wendy’s announced in an earnings call that it will close 140 of its restaurants that it hopes will be offset by opening even more. Wendy’s is closing 140 restaurants by the end of the year ...
CKE Restaurants Holdings, Inc. (an acronym for Carl Karcher Enterprises) is an American fast food corporation and is the parent organization for the Carl's Jr., Hardee's, Green Burrito, and Red Burrito brands. [4] [5] CKE Restaurants is headquartered in Franklin, Tennessee. [6]
But the closures will be offset by the opening of between 250 and 300 new locations as the chain tinkers with optimal locations for its stores. ... Wendy's to close over 140 stores in the next year.
As a wholly owned subsidiary of Wendy's, the 249 restaurant chain [8] saw consistently declining same-store sales. [8] In 2006, Wendy's sold the roughly 300-location Baja Fresh chain for $31 million to BF Acquisition Holdings, a private investor consortium that had operated franchised restaurant units for such chains as Sweet Factory, Cinnabon ...
Wendy’s is a 55-year-old brand with over 7,100 locations scattered across the world, so closures like this are actually a fairly normal occurrence in the effort to maintain a healthy business ...
Wendy’s is closing 140 restaurants in the coming months, the fast food chain announced this week. But the company said it would open an equal number of new locations in areas it believes can ...