— 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.
Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted
Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,
CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,