Wendy's (WEN) Q1 Same-Store Sales Decline
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Price: $6.68 -0.3%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.4%
Revenue Growth %: -2.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.4%
Revenue Growth %: -2.9%
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Wendy's International, Inc. (NYSE: WEN) said average same-store sales at U.S. franchise restaurants decreased 0.1% during the first quarter, compared to an increase of 3.7% during the same quarter a year ago.
Average same-store sales at U.S. company restaurants decreased 1.6% during the quarter, compared to a 3.8% increase during the same quarter a year ago.
Wendy's said first-quarter sales results were impacted by a calendar shift in 2008 with the Easter holiday. [LJ]
Average same-store sales at U.S. company restaurants decreased 1.6% during the quarter, compared to a 3.8% increase during the same quarter a year ago.
Wendy's said first-quarter sales results were impacted by a calendar shift in 2008 with the Easter holiday. [LJ]
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