Wendy’s is set to close hundreds of restaurants as customers struggling financially cut back on dining out.

Interim CEO Ken Cook announced on an earnings call Friday that the fast food chain will close a “mid single-digit percentage” of locations. With about 6,000 restaurants, Wendy’s could shutter between 200 to 350 locations.

Cook said some restaurants are expected to close as early as later this year, and locations will continue to shutter in 2026.

  • jj4211@lemmy.world
    51·
    2 days ago

    So I just went to do a roughly like to like comparison.

    So the mainstream burger at Wendy’s is currently about 5.69 where I live.

    I can get the supplies needed to make about 6 equivalent burgers for about 25, so about 4.17 a burger. Mostly because beef is pretty expensive right now.

    Realistically speaking i would cook something other than burgers, but closest to like.

    I suspect pricing out salads would be crazy more in favor of grocery, since Wendy’s charges a lot for salads.