Wendy's Inc.'s stock rose 2% early Thursday, after the fast-food chain posted better-than-expected fourth-quarter earnings, offsetting soft guidance for 2025.
The company $(WEN)$ had per-share earnings of 23 cents for the quarter, unchanged from the year-earlier period. Adjusted for one-time items, it had EPS of 25 cents, ahead of the 24-cent FactSet consensus.
Revenue rose 6.2% to $574.3 million, also ahead of the $563 million FactSet consensus.
Same-restaurant sales were up 4.3%, while FactSet was expecting a 3.2% rise.
The company is now expecting 2025 adjusted EPS of 98 cents to $1.02 and for global systemwide sales to rise 2% to 3%. The FactSet consensus is for EPS of $1.04.
(This is a breaking news story. Check back for updates)
-Ciara Linnane
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(END) Dow Jones Newswires
February 13, 2025 07:09 ET (12:09 GMT)
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