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Comparable sales fall short at Wendy's

Published 02/21/2018, 05:19 PM
© Reuters.  Comparable sales fall short at Wendy's
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  • Wendy's (NYSE:WEN) is slightly lower in post-earnings trading after posting some mixed numbers for Q4.
  • Adjusted EBITDA for the quarter came in at $104M vs. $91M a year ago, but the company's restaurant margin rose was lower at 17.5% vs. 18.8% as higher labor and commodity costs played in.
  • The most closely-watched Wendy's number, North American comparable sales growth, was reported at +1.2% vs. +2.0% expected.
  • Looking ahead, Wendy's sees North America same-restaurant sales growth of +2.0 to +2.5%, commodity inflation of +1 to +2%, labor inflation of +3% to +4% and a company -operated restaurant margin of 17% to 18%.
  • Previously: Wendy's EPS in-line, misses on revenue (Feb. 21)
  • WEN -0.55% in AH trading.
  • Now read: Strong outlook sends Avis higher


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