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Wendy's closes US restaurants and focuses on value to turn around falling sales (apnews.com)

submitted 2 months ago by MicroWave@lemmy.world to c/economics@lemmy.world

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Wendy’s is closing several hundred U.S. restaurants and increasing its focus on value after a weaker-than-expected fourth quarter.

The Dublin, Ohio-based company said Friday that its global same-store sales, or sales at locations open at least a year, fell 10% in the October-December period. That was worse than the 8.5% drop expected by analysts polled by FactSet.

U.S. same-store sales fell even further in the fourth quarter. Wendy’s said late last year that it planned to close underperforming U.S. restaurants, but it gave more details about those closures Friday.

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[–] T00l_shed@lemmy.world 29 points 2 months ago (3 children)

Make your food less shitty for a start

[–] Zorsith@lemmy.blahaj.zone 29 points 2 months ago (5 children)

Never really had a problem with wendys food tbh. Beats the shit out of burger king, but I'm not sure burger king even qualifies as "food" and not salted cardboard.

[–] T00l_shed@lemmy.world 10 points 2 months ago (1 children)

While you're not wrong, they have cheapened up quite a bit

[–] Zorsith@lemmy.blahaj.zone 7 points 2 months ago* (last edited 2 months ago) (1 children)

True. I have fond memories of the spicy chicken sandwich as my go-to fast food item, and they are thinner than they used to be. Still just as juicy though when its a fresh one

[–] T00l_shed@lemmy.world 2 points 2 months ago

The bacon has changed too:(

[–] Reverendender@sh.itjust.works 6 points 2 months ago

You got salt?!

[–] Elextra@literature.cafe 2 points 2 months ago

Of all the fast foods it's my favorite :(

[–] Tollana1234567@lemmy.today 2 points 2 months ago

these carboard have very little meat in it, probably repurposed bk bags.

[–] Tempus_Fugit@lemmy.world 2 points 2 months ago

It's been a minute since I've eaten there (~2 years), but I remember their fries being terrible unless you got them fresh.

That being said their spicy chicken sandwich has been a favorite and the baconator is good.

[–] Assassassin@lemmy.dbzer0.com 8 points 2 months ago (2 children)

Sometimes you just need to go full American and eat a baconator. 乁⁠(⁠ ⁠•⁠_⁠•⁠ ⁠)⁠ㄏ

[–] T00l_shed@lemmy.world 9 points 2 months ago

Nah, thanks though

[–] RamRabbit@lemmy.world 4 points 2 months ago (1 children)

Thing is, those are surprisingly easy to make at home. And with how expensive fast food has become, that is something I have been doing more and more.

[–] HubertManne@piefed.social 7 points 2 months ago (1 children)

I don't get how any fast food chains are not closing locations. My wife and I stopped being able to afford to go when inflation first hit and honestly if we have the money and feel like it the price for real food at real restaurants is not very much more.

[–] Lag@piefed.world 3 points 2 months ago (1 children)

It's hard to find real restaurants that don't buy their stuff frozen from the same source as a restaurant on the other side of the US.

[–] HubertManne@piefed.social 4 points 2 months ago

not in a metro area. I mean we still have crappy restaurants like that but I would say they are in the minority. Heck most any gyro and taquería place uses fresh along with the non chain pizza places and asian and italian.

[–] Janx@piefed.social 1 points 2 months ago

That costs money. They clearly want to hire as few workers as possible, have them work the minimum number of hours, pay them as little as they can, and keep everything else. Your dining experience is an afterthought...