Wendy's reported revenue that fell short of expectations. But earnings beat analysts’ forecasts.
The fast food company’s adjusted EPS came in at 19 cents per share, higher than analysts’ expectations of 17 cents a share.
Revenue of $452.2 million increased from $437.9 million a year ago. Analysts were expecting revenue of $454 million.
"We remain focused on our goal of delivering efficient, accelerated growth behind our three major long-term growth pillars: building our breakfast daypart, growing our digital business and expanding our International footprint," said CEO Todd Penegor in a statement.