Wendy’s reports Q3 adjusted EPS 27c, consensus 25c

Reports Q3 revenue $550.6M, consensus $560.43M. “Wendy’s (WEN) restaurants continued to deliver sales growth during the third quarter, maintaining overall traffic and dollar share in the QSR burger category,” said CEO Kirk Tanner. “We continued to strengthen the relationship with our customers through our digital and loyalty platforms while driving growth for the breakfast and late-night dayparts. We expect to build on this progress into the close of this year with exciting new programming to showcase our craveable core, impactful innovation, and relevant value offerings.”