DUBLIN, Ohio (AP) ? Wendy's Co. says its adjusted earnings fell 29.5 percent in the fourth quarter, while its revenue rose 5.6 percent.
The hamburger chain said Monday its income from continuing operations was $4.3 million in the period ended Jan. 1. That was down from $6.1 million a year ago.
The adjusted number stripped out one-time charges like costs related to selling sandwich chain Arby's. The company didn't report what net income would be if those charges were factored in.
Earnings were 4 cents per share, in line with the predictions of analysts polled by FactSet. After adjusting for the one-time charges, earnings were 1 cent per share.
Wendy's says revenue rose to $615 million, beating the $613 million predicted by analysts polled by FactSet.
Associated Pressweezer slavoj zizek paul mccartney adam savage adam savage mos def jack o lantern
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