Stephens Upgrades Wendy's (WEN) to Overweight
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Wendy's (WEN) Reports In-Line Q4 EPS; Guides FY15 EPS
February 3, 2015 6:32 AM ESTWendy's (NASDAQ: WEN) reported Q4 EPS of $0.10, in-line with the analyst estimate of $0.10. Revenue for the quarter came in at $502 million versus the consensus estimate of $509.5 million.
Wendy's Company-operated restaurants generated a same-restaurant sales increase of 1.9 percent in the fourth quarter of 2014 and 5.0 percent on a two-year basis. Franchise same-restaurant sales in North America increased 1.6 percent during the quarter.
"We continued to strengthen our system through the selective buying of restaurants, along with selling restaurants to franchisees with a commitment to Image Activation, high... More
