— The Wendy’s Company (NASDAQ: WEN) reported Q4 2019 earnings of $0.08 per share, vs. $0.08 expected.
— Revenues grew 7.4% to $427.2 million, vs. $424.5 million
expected.
— Global systemwide sales amounted to $2.7 billion.
— Global systemwide sales growth was 5.9%.
— North America same-restaurant sales growth was 4.3%.
— Company-operated restaurant margin was 14.3%.
— FY2020 global systemwide sales is expected to be approx. $12-12.5
billion.
— FY2020 adjusted EPS is expected to be approx. $0.60-0.62.
— WEN shares fell 0.39% immediately following the announcement.
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