September 9, 2019 / 8:51 PM / 3 months ago

Wendy's sees no growth in 2019 core earnings

Sept 9 (Reuters) - Wendy’s Co said on Monday it does not expect growth in its 2019 core earnings due to one-time expenses from its plan to expand its breakfast offerings across its U.S. restaurants in 2020.

The company said it now expects full-year adjusted earnings before interest, tax, depreciation and amortization to be in the range flat to down 2% from the prior expectation of growth of about 2.5%-4.5%. (Reporting by Saumya Sibi Joseph in Bengaluru; Editing by Shailesh Kuber)

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