Wendy's backs full-year profit target after narrow beat, shares rise

Indonesia Berita Berita

Wendy's backs full-year profit target after narrow beat, shares rise
Indonesia Berita Terbaru,Indonesia Berita utama
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Wendy's Co stuck to its full-year profit forecast on Wednesday after edging...

Wendy’s has also revamped its menus, launching the “$5 Biggie Bag combo”, expanding its “Made to Crave” menu and adding a parmesan caesar chicken salad to its offering.

Wendy’s has also invested in remodeling its restaurants and adding kiosks, while ramping up delivery through a partnership with DoorDash. These efforts lifted North America same-stores sales growth 1.4% in the quarter, slightly above analysts’ average estimate of 1.36%. Meat alternatives from companies such as Beyond Meat Inc and its competitor Impossible Foods have seen booming demand from consumers and restaurants.

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