(Reuters) - Wendy’s Co (WEN.O), the second-largest U.S. hamburger chain, reported a 2 percent rise in quarterly sales as its new menu worked well with diners.
Net income fell to $2.1 million, or 1 cents per share, in the first quarter, from $12.4 million, or 3 cents per share, a year earlier.
On an adjusted basis, the company earned 3 cents per share.
Revenue rose to $603.7 million.
Reporting by Aditi Shrivastava and Lisa Baertlein