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

submitted 10 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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[–] HootinNHollerin@lemmy.dbzer0.com 5 points 5 hours ago

Frank and Artemis say their dumpsters are the best for bangin

[–] Ashenlux@lemmy.blahaj.zone 8 points 7 hours ago

Not surprised. There prices are absurd at this point, and the quality of the food has been going down for years. I used to love there spicy chicken sandwich. But then the quality started to drop. At first it was just a bad sandwich every now and again, but the ratio of good sandwich and bad sandwich slowly got worse until I finally decided I had had enough. Haven't been back to Wendy's in about a year at this point. And their fires are decent when fresh, but quickly become worse as they get lose their freshness.

[–] Pavidus@lemmy.world 14 points 8 hours ago

Food quality aside, how's that surge pricing working out for you?

[–] T00l_shed@lemmy.world 18 points 9 hours ago (2 children)

Make your food less shitty for a start

[–] Zorsith@lemmy.blahaj.zone 16 points 9 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 1 points 4 hours ago

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

[–] Tempus_Fugit@lemmy.world 1 points 5 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.

[–] Reverendender@sh.itjust.works 6 points 8 hours ago

You got salt?!

[–] T00l_shed@lemmy.world 7 points 9 hours ago (1 children)

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

[–] Zorsith@lemmy.blahaj.zone 5 points 7 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 1 points 6 minutes ago

The bacon has changed too:(

[–] Elextra@literature.cafe 1 points 8 hours ago

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

[–] Assassassin@lemmy.dbzer0.com 5 points 9 hours ago (2 children)

Sometimes you just need to go full American and eat a baconator. 乁⁠(⁠ ⁠•⁠_⁠•⁠ ⁠)⁠ㄏ

[–] T00l_shed@lemmy.world 6 points 9 hours ago

Nah, thanks though

[–] RamRabbit@lemmy.world 3 points 9 hours ago (1 children)

Thing is, those are surprisingly easy to make at home. And with how expensive fast food has become, that is something I have been doing more and more.

[–] HubertManne@piefed.social 4 points 8 hours ago (1 children)

I don't get how any fast food chains are not closing locations. My wife and I stopped being able to afford to go when inflation first hit and honestly if we have the money and feel like it the price for real food at real restaurants is not very much more.

[–] Lag@piefed.world 3 points 8 hours ago

It's hard to find real restaurants that don't buy their stuff frozen from the same source as a restaurant on the other side of the US.