WEN - Wendy's +3% After Q1 Results On Solid Growth In US Breakfast Sales Despite Labor Cost Issues | Benzinga
Wendy’s Company (NASDAQ:WEN) shares are trading higher on Thursday after reporting first-quarter results.
The company reported first quarter adjusted earnings per share of 23 cents, beating the street view of 21 cents.
Quarterly sales of $534.753 million missed the street view of $540.972 million.
Sales increased 1.1% year over year from increased advertising funds revenue and franchise royalty revenue, both driven by net new restaurant ...