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BRIEF-Wendy's reports Q3 adjusted earnings per share of $0.09
November 8, 2017 / 12:53 PM / a month ago

BRIEF-Wendy's reports Q3 adjusted earnings per share of $0.09

Nov 8 (Reuters) - Wendy’s Co:

* Reports third quarter 2017 results

* Q3 adjusted earnings per share $0.09

* Q3 earnings per share $0.06

* Q3 revenue $308 million versus I/B/E/S view $311.9 million

* Q3 earnings per share view $0.12 -- Thomson Reuters I/B/E/S

* Sees FY 2017 adjusted earnings per share about $0.43 to $0.45

* Qtrly ‍North America same-restaurant sales increase 2.0 percent

* Estimates hurricanes in U.S. negatively impacted North America system same-restaurant sales by approximately 30 to 40 basis-points in Q3​

* Sees ‍2017 capital expenditures of approximately $80 to $85 million​

* Company on track to achieve 2020 goals​

* Company continues to expect to achieve global systemwide sales (in constant currency and excluding Venezuela) of about $12 billion by end of 2020​

* Continues to expect to achieve by end of 2020 global restaurant count of about 7,500​

* During 2017, company now expects same-restaurant sales growth of approximately 2.0 to 2.5 percent for North America system​

* During 2017, expects company-operated restaurant margin of approximately 17.5 to 18.0 percent​

* FY2017 earnings per share view $0.46, revenue view $1.23 billion -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

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