Reuters logo
Wendy's fourth-quarter profit rises
January 16, 2013 / 12:20 PM / in 5 years

Wendy's fourth-quarter profit rises

(Reuters) - Wendy’s Co (WEN.O), the second-largest U.S. hamburger chain, reported a higher quarterly profit, helped by new menu items like Dave’s Hot ‘n Juicy cheeseburgers and spruced-up restaurants.

Net income from continuing operations rose to $22.4 million, or 6 cents per share, in the fourth quarter from $3.98 million, or 1 cent per share, a year earlier.

Excluding items, Wendy’s earned 8 cents per share.

Revenue rose 2 percent to $629.9 million.

Sales at established company-operated restaurants in North America fell 0.2 percent.

Reporting By Lisa Baertlein in Los Angeles and Chris Peters in Bangalore

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below