Wendy’s

Wendy’s will continue trimming its U.S. footprint through the first half of 2026, with the company confirming plans to close between 5% and 6% of its restaurants as part of an ongoing turnaround effort. The fast-food chain reiterated that the closures stem from a restructuring plan outlined late last year, which calls for shutting down…

Wendy’s is preparing to shut down a significant number of its U.S. restaurants as the fast-food chain works to reverse declining performance. Interim CEO Ken Cook told investors on Friday that the company expects to close a “mid single-digit percentage” of its roughly 6,000 domestic locations. That estimate places the number of closures between about…

Once known for its upbeat red-haired mascot and “fresh, never frozen” promise, Wendy’s is now facing a harsh reality – the burger chain is struggling to find its footing amid declining sales, executive shakeups, and tough competition from industry giants. Wendy’s stock has plunged by nearly 50% in 2025, and the company is currently without…

Wendy’s has announced plans to close 140 restaurants over the coming months, aiming to replace these locations with new outlets in areas projected to yield stronger business results. CEO Kirk Tanner explained during a recent earnings call that the closures target “outdated and underperforming” locations with financial performance falling “well below the system average.” While…