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Wendy’s is closing hundreds of U.S. restaurants as domestic sales slide (www.fastcompany.com)
submitted 3 months ago by bytesonbike@discuss.online to c/business@lemmy.world
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Wendy’s is moving ahead with its plans to close hundreds of restaurants, amounting to between 5% and 6% of its total stores in the U.S., according to its fourth-quarter earnings report.

Published on February 13, the report shows that Wendy’s domestic business is lagging behind its international efforts. Total same-store sales fell 10.1% over the quarter, driven by low performance in the U.S., where same-store sales were down 11.3% (compared to 2% at international locations). Overall, global systemwide sales were $3.4 billion, a decrease of 8.3% from the previous quarter.

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[-] aaa@lemmy.zip 4 points 3 months ago

You’re probably right about fast food not being cheap nor fast anymore, but I don’t think this is the reason sales are down. That would imply

  1. more chains are experiencing the same drop; and
  2. this happened globally too.

Perhaps I misunderstood you, and you meant only Wendy’s and only in USA (or there’s other sources saying sales are down for other vendors and/or other countries).

What are some other reasons sales are down in the US? I’ve heard that the economy is turning K-shaped, and I imagine that’s bad news for fast food chains like Wendy’s, as a minority of rich people can only buy so much food. But this would again mean other chains experience slowdowns. So I’m not really sure

this post was submitted on 14 Feb 2026
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