Wendy's second-quarter profit drops to $32.62 million

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The Wendy's Company reported a decline in second-quarter earnings, with net income falling to $32.62 million, or $0.17 per share, from $55.11 million, or $0.29 per share, a year earlier. Adjusted earnings were $34.19 million, or $0.18 per share. Revenue rose 1.7% to $570.57 million from $560.93 million.

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Consumer Discretionary▼ · 1 stocks
The Wendy’s Co
WEN
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Second-quarter profit dropped to $32.62 million from $55.11 million, with adjusted EPS down to $0.18 from $0.29.