Excluding the restructuring and other charges, Wendy’s earned $18.4 million, or 21 cents a share. In the fourth quarter, total quarterly sales declined to $596 million. U.S. same-store sales added 0.2%, while at the company-owned outlets same-store sales dropped 0.8% from a year earlier. Wendy’s saved $20 million in costs as a result of its efforts to tighten its expenses. |
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