date:Nov 09, 2012
llion, or 7 cents per share. It posted a loss of $4 million, or a penny per share, a year ago when it incurred costs related to the spinoff of the Arby's chain.
Not including one-time items, Wendy's said it earned 3 cents per share. Analysts expected 5 cents.
Total revenue rose 4 percent to $636.3 million, which also fell short of the $640.6 million Wall Street expected.
The company declared an increase in its quarterly dividend to 4 cents per share from 2 cents per share.
The Wendy's Co. ha