Wendy's: Q3 below expectations.
(CercleFinance.com) - Wendy's disappointed, with the group unveiling third quarter results lower than market expectations on Wednesday.
The US fast food chain posted EPS of 6 cents, down 12 cents from the same period in 2016. Adjusted EPS was only 9 cents, against 12 cents predicted by analysts.
Meanwhile, revenues reached 308 million dollars, down from 364 million dollars a year ago, while the consensus was expecting revenues to fall by less to 310.3 million dollars.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The US fast food chain posted EPS of 6 cents, down 12 cents from the same period in 2016. Adjusted EPS was only 9 cents, against 12 cents predicted by analysts.
Meanwhile, revenues reached 308 million dollars, down from 364 million dollars a year ago, while the consensus was expecting revenues to fall by less to 310.3 million dollars.
Copyright (c) 2017 CercleFinance.com. All rights reserved.