Wendy’s quarterly profits dip 90 percent
Wendy’s International Inc., the third- largest U.S. hamburger chain, reported a 90 percent drop in fourth-quarter net profit, due to losses at the recently-sold Baja Fresh brand and costs for employee compensation and the burger chain’s planned breakfast menu. The company net income fell $3 million, or 3 cents a share, compared with $30 million, [...]
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