Wendy''s (WEN: chart) reported fourth quarter earnings of $86.6 million, a rise of 134% from a year ago of $37 million. Diluted earnings per share increased 200% to 96 cents from 32 cents in the same period in 2006.

For the fiscal 2007, the company reported adjusted earnings of $108 million up 50% or $1.20 per share from $72 million or 62 cents per share.

The Company met its revised 2007 full-year EBITDA guidance of $295 million to $315 million, and its revised 2007 full-year EPS guidance of $1.09 to $1.23 which excluded expenses related to restructuring.

Total company-operated restaurant EBITDA margins improved 180 basis points to 10.7% in 2007, compared to 8.9% one year ago. This includes U.S., Canada and International operations. Annual same-store sales at U.S. franchise restaurants increased 1.4%, compared to a 0.6% increase in 2006.

The fourth-quarter same-store sales at U.S. franchise restaurants increased 0.2%, compared to an increase of 2.7% a year ago, and fourth-quarter same-store sales at U.S. company-operated restaurants decreased 0.8%, compared to an increase of 3.1% in the fourth quarter of 2006.