Wendy's Q4 Earnings Top Estimates, Plans Stock Buyback
Wendy's Co (NASDAQ:WEN) reported a fourth-quarter FY21 sales decline of 0.24% year-on-year, to $473.2 million, beating the consensus of $460.45 million. Adjusted revenues decreased 2.3% to $373.4 million. Systemwide sales in the U.S. fell 0.7%, and International increased 13.5%. Global same-restaurant sales growth was 7.3%. The company-operated restaurant margin contracted by 310 basis…
Benzinga ·