Wendy’s Sees Up to $200 Million in EBITDA From Breakfast Changes
Photo: TokenPost
Wendy’s estimates that allowing restaurants to opt out of breakfast could add as much as $200 million in restaurant-level EBITDA across company-operated and franchised locations, as the chain works to improve U.S. sales and profitability. A fairly large portion of restaurants may opt out of breakfast. The company did not quantify how many restaurants might make that choice or disclose an estimated impact per restaurant. U.S. same-restaurant sales declined 5.7% year over year in the third quarter. The measure improved 130 basis points sequentially.
Source: TokenPost
