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Wendy's 4Q adj. profit tops Wall Street's view
date:Jan 17, 2013
results included a tax benefit, lower interest expense and a sharp rise in investment income. Removing impairment charges, facility relocation costs and other items, adjusted earnings were 8 cents per share.

Revenue increased 2 percent to $629.9 million from $615 million.

Analysts surveyed by FactSet expected adjusted earnings of 4 cents per share on revenue of $637 million.

Wendy's, known for its Frosty shakes and square burgers, said that revenue at company-run North American restaurants o

12/24 20:56