Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.
Wendy's Sees Strong International Growth Amid US Market Challenges in Q3
Hot off the grill, Wendy's released financial results from its third quarter of its fiscal year, showcasing a strong international performance despite challenges in the US market.
Interim CEO Ken Cook highlighted an 8.6% growth in systemwide sales internationally, bolstered by the addition of 54 new restaurants globally and improved adjusted EBITDA.
"Third quarter results were in line with our expectations, reflecting continued strength in our international business," Cook stated. In the U.S., operational initiatives led to a 4% outperformance in comparable sales at Company-operated...
Major Restaurant Chains Ramp Up Market Expansion
This week, big players in the foodservice industry, including Chipotle, TGI Fridays, and Qdoba, have unveiled ambitious expansion plans.
By stretching accessibility and strengthening their global presence, these companies are ramping up efforts to reach international markets.
First, Qdoba announced its largest development deal in its brand's history.
The company partnered with Barry Dubin of B Wild Investments in an agreement to develop 50 new QDOBA restaurants across the states of Alaska, Utah, Nevada, Colorado and New Mexico.
It also announced that B Wild Investments has signed...
FEATURED STORIES
ANALYSIS: China's July 2026 Beef Imports Fall 12.4% MOM as Australia Sits Out and Brazil Counts Down
ANALYSIS: Growing Halal Demand Reshapes US Lamb Supply
ANALYSIS: August USDA Outlook Reshapes the Q3 Protein Picture
ANALYSIS: Korea's July 2026 Beef Imports Fall as Safeguard Cycle Draws to a Close
ANALYSIS: June Turkey Trade Shows Growing Export Demand Amid Increased US Supply