Wendy's 4th-quarter adj. profit tops Wall Street's view; maintains 2013 profit outlook
#1 Jan 16, 2013
Wendy’s net income jumped to $22.4 million, or 6 cents per share, for the three months ended Dec. 30. That’s up sharply from $4 million, or 1 cent per share, a year earlier. The current quarter’s results included a tax benefit, lower interest expense and a sharp rise in investment income. Removing impairment charges, facility relocation costs and other items, adjusted earnings were 8 cents per share.
AND THE WENDY WORKERS??? THEY ARE STILL IN A SEMI-SLAVERY CONDITIONS.
JUST LIKE THE PEASANTS OF TIBET, THE WENDY WORKERS WAIT FOR THE LIBERATING ARMY TO ARRIVE.
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