Wendy's (WEN) Misses Q2 EPS by 1c
Wendy's (NASDAQ: WEN) reported Q2 EPS of $0.09, $0.01 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $523.4 million versus the consensus estimate of $515.86 million.
Wendy's® Company-operated restaurants generated a same-restaurant sales increase of 3.9 percent in the second quarter of 2014. Franchise same-restaurant sales in North America increased 3.1 percent during the quarter. The differential between Company-operated and franchise same-restaurant sales was primarily due to a higher number of Company-operated Image Activation restaurants in operation during the quarter.
Reaffirms outlook.
For earnings history and earnings-related data on Wendy's (WEN) click here.
