COMMERCIAL REAL ESTATE & MARKET NEWS

The Wendy's Company Reports 2012 1st Quarter Results
May 9th, 2012 7:17 AM

Wendy’s® North America Company-operated restaurants generated a same-store sales increase of 0.8 percent in the first quarter of 2012. This is the fourth consecutive quarter of positive same-store sales. Franchise same-store sales in North America increased 0.7 percent during the quarter.

The Wendy’s system opened 12 new restaurants and closed 25 restaurants during the first quarter, for a net decrease of 13 restaurants, bringing the total number of worldwide restaurants to 6,581 at the end of the first quarter. As previously stated, the Company is targeting the purchase of restaurants from selected franchisees and will operate those restaurants or sell them to new or existing franchisees, with the ultimate goal of accelerating the Image Activation program.

For the full report go to: http://www.restaurantnews.com/the-wendys-company-reports-2012-first-quarter-results/?utm_source=May+9%2C+2012&utm_campaign=Newsletter+May+9&utm_medium=email

The Wendy’s Company is the world’s third-largest quick-service hamburger company. The Wendy’s system includes more than 6,500 franchise and Company restaurants in the United States and 27 countries and U.S. territories worldwide. For more information, visitaboutwendys.com or wendys.com.


Posted in:General
Posted by Christi Glendinning, MAI on May 9th, 2012 7:17 AMPost a Comment

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