The hamburger chain's U.S. same-store sales rose 2.3% for the second quarter, compared with estimates for a 2.78% increase, according to IBES data from Refinitiv.
(Reporting by Praveen Paramasivam in Bengaluru; Editing by Shinjini Ganguli)
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(Reuters) - Wendy's Co missed Wall Street estimates for quarterly U.S. same-store sales growth on Wednesday, as Americans reined in their spending at fast-food restaurants in the face of higher prices of everyday essentials.
The hamburger chain's U.S. same-store sales rose 2.3% for the second quarter, compared with estimates for a 2.78% increase, according to IBES data from Refinitiv.
(Reporting by Praveen Paramasivam in Bengaluru; Editing by Shinjini Ganguli)
1st Jan change | Capi. | |
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-1.46% | 3.9B | |
-8.35% | 196B | |
+24.65% | 79.74B | |
+5.72% | 38.79B | |
-5.41% | 23.85B | |
-8.77% | 22.36B | |
+14.05% | 16.78B | |
-12.23% | 14.56B | |
+34.49% | 10.47B | |
+4.47% | 7.5B |