Wendy’s Company (NASDAQ:WEN) shares are trading higher on Friday.
The company reported second-quarter adjusted earnings per share of 29 cents, beating the analyst consensus estimate of 26 cents. Quarterly sales of $560.929 million (down 1.7% year over year) outpaced the Street view of $560.363 million.
Adjusted Revenues fell 1.3% to $449.6 million.
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Global systemwide sales totaled $3.7 billion, down 1.8%, while international systemwide sales rose 8.7% across all regions.
“In the second quarter, we continued to expand our global footprint, adding 44 new restaurants, bringing our total additions to 118 in the first half of the year,” said Ken Cook, Interim …