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Investors see a juicy outlook for Wendy’s
date:Jan 15, 2014
to its franchisees, which helps to reduce overall operating costs.

The company plans to sell 415 stores by midyear. So far it has sold or has agreements in place to sell 384. Wendys has a total of 6,558 restaurants, most of which are in North America. About 80 per cent of its restaurants are currently owned by franchisees.

The results of the revamp appear to be lifting Wendys stock, which has jumped 87 per cent over the past year, outpacing the performance of rivals such as McDonalds Corp., Bu

12/25 23:16