Wendy’s/Arby’s Group (WEN) reported a net loss of $900,000 for the third quarter, compared with a profit of $14.7 million for the third quarter of 2009.
Revenues at the fast-food company dropped to $861.2 million for the quarter, compared with $903.2 million a year earlier, the company said in a statement. Sales at stores open at least one year fell 1.7% in North America.
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Continue reading Wendy’s/Arby’s Reports Loss for Third Quarter
Wendy’s/Arby’s Reports Loss for Third Quarter originally appeared on DailyFinance on Fri, 12 Nov 2010 07:50:00.
Filed Under: Company News, Earnings, Retail