Categories Consumer, Earnings

The Wendy’s Company (WEN): Q4 2019 Earnings Snapshot

— 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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Also Read:  KR Earnings: All you need to know about Kroger Q2 2020 earnings results

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