Wendy's/Arby's Group earns $14.9 million
ATLANTA (AP)- Wendy's/Arby's Group Inc. says its moved to a profit of $14.9 million in the second quarter after losing money the year before. Profit at the country's No. 3 fast-food chain amounted to 3 cents per share. That includes the impact of a 3-cents-per-share charge. Last year, the company was called Triarc Cos. It lost $6.9 million, or 7 cents per share. The quarters aren't directly comparable because the company's Revenue this quarter was $912.7 million. Analysts expected the company to earn 6 cents per share on Systemwide same-store sales fell 0.4 percent.
NBC Augusta 26 News brings you straight to the point news, weather, and sports from Augusta and the CSRA. Meet our NBC Augusta 26 News staff! The following comments do not necessarily represent the views of NBC Augusta 26 | news, weather, sports, community, entertainment, shopping for Augusta, Georgia. Users have agreed to these terms and in doing so accept full responsibility for their comments. Moderation is limited. Thursday, Aug 6 at 4:13 PM $$$ wrote ...With the price of a meal at Arby's, you'd think the company would be making a great profit. Every time I go to Arby's it's busy with customers! The food is great in my opinion, but I just barely pass the credit check to order something from their menue! LOL Inappropriate? Alert Us!
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