Wendy's annoucnes fourth-quarter earnings
January 5, 2006
Wendy's announced preliminary same-store sales results for the fourth quarter, which ended Sunday. Tim Hortons fourth-quarter same-store sales increased 5.8 percent at restaurants inCanadaand 6.7 percent in theUnited States. According to a news release, Wendy's same-store sales decreased 2.9 percent atU.S.company stores and 1.9 percent atU.S.franchised restaurants.
Wendy's began new national marketing for its Super Value Menu in December. The menu will feature a junior bacon cheeseburger, yogurt and granola, andseveral other items at 99 cents. The menu will also include a new 99-cent juniorbarbeque cheeseburger. In February, Wendy's will test its new jalapeno double-melt hamburgers and a 99-cent chicken sandwich.
