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3 Takeaways From Wendy's Q3 Earnings


On Nov. 4, Wendy's NASDAQ: WEN) reported fiscal third-quarter adjusted earnings per share of $0.19 on revenue of $452.2 million, above consensus earnings estimates of $0.17 but falling slightly short of expectations for $454.1 million of revenue. The top line was aided by strength in the company's digital segment and breakfast revenue. Overall, the results showed a recovery from the previous quarter, which was adversely impacted by the COVID-19 pandemic.

Here are three major takeaways from the consumer-discretionary company's latest report.

Image source: Wendy's.

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Source Fool.com

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