Fast-food seafood chain closed over 900 stores, mounts comeback
Yahoo Finance·2026-06-22 09:17
Sometimes, a business has to get smaller in order to grow, or at least that's what executives, including Wendy's CFO Ken Cook, say when they explain why they're closing locations. "We're focused on improving restaurant-level economics, taking a hard look at underperforming restaurants in our system from both the financial and customer experience perspective and working with franchisees to improve those, transfer those to another operator or potentially closing them," he said during the chain's third-quart ...