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Wendy's has announced plans to close 140 underperforming restaurants by the end of 2024, ... The chain reported a 2.8% increase in same-store sales globally for the third quarter, with U.S. sales ...
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 is closing 140 restaurants in the coming months, the fast food chain announced this week. ... 2024 at 7:16 AM. ... with same-store sales coming in below analysts’ expectations at 0.2%.
On February 27, 2024, Macy's announced that it would be shuttering 150 locations by 2026, roughly 30% of its total store amount, to focus on small-format stores and an expansion of both Bloomingdale's and Bluemercury. 50 locations were initially set to close in 2024 alone, and the iconic flagship location in San Francisco's Union Square was ...
(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 ...
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.
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.
A company leader said “it’s not one particular area” of the country that will be impacted by these closures.