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Wendy’s to close hundreds of restaurants amid slumping sales

🍔 A year after closing 140 restaurants, Wendy’s announced plans to close approximately 300 more “consistently underperforming” locations.

The company did not release a list of affected restaurants.

Wendy’s, which has around 6,000 restaurants, reported U.S. same-store sales declined 4.7% in the latest quarter.

In contrast, rivals McDonald’s, Burger King, and Shake Shack all posted positive earnings.

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