Wendy’s is closing hundreds of U.S. restaurants as domestic sales slide

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. 

The report, published on February 13, showed that Wendy’s business in the U.S. is currently lagging behind its international efforts. Total same-store sales fell 10.1% over the quarter, driven by performance in the U.S., where same-stores sales were down 11.3% compared to 2% at international locations.