Wendy’s to Upgrade Some Stores

The Dublin, Ohio-based chain said during a conference call with investors that it planned to begin closing restaurants soon. The company said it expected a “mid-single-digit percentage” of its U.S. stores to be affected, but it didn’t give any more details.

Wendy’s currently has 6,011 U.S. restaurants. If 5% of those locations were impacted, it would mean 300 store closures.

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