Advertisement
 
YOU ARE HERE: LAT HomeCollections

Wendy's Earnings for Quarter Rise 12%

IN BRIEF / RESTAURANTS

May 02, 2002|Bloomberg News

Wendy's International Inc.'s first-quarter profit rose 12% as the third-biggest U.S. hamburger chain opened 71 restaurants and boosted sales with new products and late hours.

Net income increased to $43.4 million, or 39 cents a share. Revenue rose 10% to $612.4 million.

The shares of the Dublin, Ohio-based company fell 47 cents to $36.93 on the NYSE.

Advertisement
Los Angeles Times Articles
|
|
|