Wendy's (WEN) Tops Q1 EPS by 5c; Boosts FY16 EPS Outlook

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The Wendy's Company Reports Strong First-Quarter 2016 Results

May 11, 2016 7:30 AM EDT

DUBLIN, Ohio, May 11, 2016 /PRNewswire/ -- The Wendy's Company (NASDAQ: WEN) today reported unaudited results for the first quarter ended April 3, 2016.

President and Chief Financial Officer Todd Penegor said that the Company's first-quarter results exceeded its expectations. "Our strong first-quarter demonstrates the continued momentum of our core business, as well as the positive impact of our system optimization and Image Activation growth initiatives," Penegor said. "Our two-year North America system comparable sales performance of 6.8 percent is our... More