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

submitted 19 hours ago by MicroWave@lemmy.world to c/economics@lemmy.world

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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.

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[–] Zorsith@lemmy.blahaj.zone 20 points 18 hours 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.

[–] Tollana1234567@lemmy.today 2 points 12 hours ago

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

[–] T00l_shed@lemmy.world 8 points 17 hours ago (1 children)

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

[–] Zorsith@lemmy.blahaj.zone 5 points 16 hours 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 8 hours ago

The bacon has changed too:(

[–] Reverendender@sh.itjust.works 6 points 17 hours ago

You got salt?!

[–] Tempus_Fugit@lemmy.world 1 points 13 hours 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.

[–] Elextra@literature.cafe 2 points 17 hours ago

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