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Wendy's has announced plans to close 140 underperforming restaurants by the end of 2024, on top of the 100 it said it would close in May. ... USA TODAY that the chain is on track to open 250 to ...
Wendy's net income for the third financial quarter ending Sept. 29 was $50.2 million, or 25 cents a share, down from last year's prior period at $58 million, or 28 cents a share.
Same-store sales — sales from locations open at least a year — grew less than 1% in the U.S in the first half of 2024, according to a Wendy earnings statement from last week.
Bebe announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [39] Bed Bath & Beyond announced in April 2019 that it would close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse ...
(NEXSTAR) — Wendy’s is closing roughly 140 underperforming locations by the end of 2024, the company announced during an earnings call on Thursday. “This initiative makes us even stronger ...
Wendy’s is closing 140 restaurants in the coming months, the fast food chain announced this week. But the company said it would open an equal number of new locations in areas it believes can ...
Wendy’s announced in an earnings call that it will close 140 of its restaurants that it hopes will be offset by opening even more. Wendy’s is closing 140 restaurants by the end of the year ...
Wendy's has over 7,000 restaurants worldwide.