Economics

1113 readers

6 users here now

founded 2 years ago

Wendy's closes US restaurants and focuses on value to turn around falling sales (apnews.com)

submitted 1 month ago by MicroWave@lemmy.world to c/economics@lemmy.world

37 comments fedilink hide all child comments

Wendy’s is closing several hundred U.S. restaurants and increasing its focus on value after a weaker-than-expected fourth quarter.

The Dublin, Ohio-based company said Friday that its global same-store sales, or sales at locations open at least a year, fell 10% in the October-December period. That was worse than the 8.5% drop expected by analysts polled by FactSet.

U.S. same-store sales fell even further in the fourth quarter. Wendy’s said late last year that it planned to close underperforming U.S. restaurants, but it gave more details about those closures Friday.

you are viewing a single comment's thread
view the rest of the comments

[–] Zorsith@lemmy.blahaj.zone 22 points 1 month ago (5 children)

Never really had a problem with wendys food tbh. Beats the shit out of burger king, but I'm not sure burger king even qualifies as "food" and not salted cardboard.

[–] T00l_shed@lemmy.world 9 points 1 month ago (1 children)

While you're not wrong, they have cheapened up quite a bit

[–] Zorsith@lemmy.blahaj.zone 5 points 1 month ago (1 children)

True. I have fond memories of the spicy chicken sandwich, and they are thinner than they used to be. Still just as juicy though when its a fresh one

[–] T00l_shed@lemmy.world 2 points 1 month ago

The bacon has changed too:(

[–] Reverendender@sh.itjust.works 6 points 1 month ago

You got salt?!

[–] Elextra@literature.cafe 2 points 1 month ago

Of all the fast foods it's my favorite :(

[–] Tollana1234567@lemmy.today 2 points 1 month ago

these carboard have very little meat in it, probably repurposed bk bags.

[–] Tempus_Fugit@lemmy.world 1 points 1 month ago

It's been a minute since I've eaten there (~2 years), but I remember their fries being terrible unless you got them fresh.

That being said their spicy chicken sandwich has been a favorite and the baconator is good.