Wendy's to close 140 underperforming restaurants, open similar number as year ends

Nov. 1 (UPI) -- Wendy's Restaurants will close 140 underperforming outlets during the final months of 2024 while opening a similar number of new outlets in better locations, company officials say.

Wendy's Company Chief Financial Officer Gunther Plosch told reporters during an earnings call on Thursday the closures will help the $4 billion fast food provider reach its goal of "significantly accelerated unit growth rate of 3% to 4%" for next year and beyond.

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