Wendy's Analysts Cut Their Forecasts After Q3 Results

Wendy's Company (NASDAQ:WEN) posted better-than-expected third-quarter earnings on Friday.The company reported third-quarter adjusted earnings per share of 24 cents, beating the analyst consensus estimate of 20 cents. Quarterly sales of $549.516 million (down 3% year over year) outpaced the Street view of $534.457 million."Comparable sales at Company-operated restaurants outperformed the system by 4% during the third quarter and a renewed focus on execution resulted in the successful launch of our new chick ...