Wendy's (WEN) Tops Q3 EPS by 1c
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The Wendy's Company Reports Third-Quarter 2015 Results
November 4, 2015 7:30 AM ESTDUBLIN, Ohio, Nov. 4, 2015 /PRNewswire/ --Â The Wendy's Company (NASDAQ: WEN) today reported unaudited results for the third quarter ended September 27, 2015.
"Our strong third-quarter results demonstrate the positive impact of our transition to a predominantly franchised model, with royalties and rental income contributing a higher amount of earnings," President and Chief Executive Officer Emil Brolick said.
"Our year-over-year restaurant operating margin increased 330-basis points from 15.5 to 18.8 percent, which is indicative of the improvements we have made in our restaurant-level economic... More
