Wendy’s Plans Major U.S. Restaurant Closures
Wendy’s has announced that it will close between 200 and 350 of its nearly 6,000 restaurants across the United States. The decision was confirmed by the company’s interim CEO during a recent call with analysts.
He described the targeted restaurants as “consistently underperforming” and said they are weakening the company’s overall results.
The closures are expected to begin shortly and will continue throughout next year. Wendy’s did not provide a specific list of affected locations.
This move follows last year’s closure of 140 restaurants for similar performance reasons. The chain recently reported a quarterly sales decline of nearly 5%, while competitors such as McDonald’s and Burger King recorded earnings growth.
Background Context
- Total U.S. outlets: around 6,000
- Estimated closures: 200–350 locations
- Past closures: 140 locations in the previous year
- Recent sales performance: decline of nearly 5%
Author Summary
Wendy’s will shut hundreds of low-performing U.S. restaurants after reporting a sales drop, continuing a trend of cost-cutting measures amid rising competition.