Thursday, August 6, 2009

Wendy's/Arby's Group, Inc. Reports 2nd Quarter 2009 Results

Second-Quarter and Year-to-Date Highlights
- Wendy's(R) North America systemwide same-store sales were approximately flat (a decrease of 0.4%). Wendy's company-operated restaurant margin improved 370 basis points compared to the second quarter a year ago.
- Arby's(R) North America systemwide same-store sales decreased 6.9% and reflected an improved trend from the first quarter of 2009. Arby's company-operated restaurant margin decreased 100 basis points compared to the second quarter a year ago.
- Consolidated revenues were $913 million in the second quarter and $1.8 billion year-to-date.
- Second quarter 2009 adjusted earnings before interest, taxes, depreciation and amortization ("EBITDA")1, excluding pre-tax integration-related costs of $7.3 million, was $117.2 million, and increased 13.2% as compared to pro-forma 2008 second quarter adjusted EBITDA of $103.5 million.

Read more:
http://ir.wendysarbys.com/phoenix.zhtml?c=67548&p=irol-newsArticle&ID=1317821&highlight=

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