— 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.
Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared
Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million
With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard