11/07/2025

Wendy’s to Close Hundreds of Locations

The list of fast-food casualties in 2025 grows longer

Today, during its quarterly earnings call, Wendy's announced plans to close a "mid-single-digit percentage" of its underperforming U.S. store locations, or 200 to 350 of some 6,000 locations.

The news comes as the fast-food giant reports third-quarter profits of $44.3 million and $549.5 million in revenue, beating analyst expectations by 2.71 percent. The company's adjusted earnings per share (EPS) came in at 24 cents, versus expectations of 20 cents. International business delivered strong system-wide sales growth, with international net unit growth expected to come in over 9 percent in 2025.

Shares in Wendy's Co. were up about 2 percent in midday trading on Friday, after Wendy’s stock surged 11.66 percent in premarket trading.

Please select this link to read the complete article from Fast Company.