Wendy's CEO did not provide a list of the locations that will shutter but said the targeted restaurants' financials perform 'well below the system average.'
Wendy's lovers may need to prepare for a breakup with their local Frosty ice cream dealer — its closure could be imminent. The international burger chain will close 140 U.S. restaurants that are 'outdated and located in underperforming” areas, according to a CNN report on a Thursday earnings call featuring Wendy's CEO Kirk Tanner . It is unclear if any of San Antonio 's 31 Wendy's will shutter soon. The company did not provide a list of the restaurants expected to close.
How to get free tickets to Classic Christmas’ ‘Kids Light Up the Night’ event The upcoming closures come after Wendy's pulled the plug on another 100 stories in May, according to CNN. While the city may lose a Wendy's, it could also gain another. The fast-food burger giant plans to open new locations in areas it believes will generate more business. The Ohio-based company plans to open between 250 and 300 restaurants this year.
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