Wendy’s is closing about 300 underperforming locations over the next year to improve its brand and profitability, Wendy’s Interim Chief Executive Officer Ken Cook told analysts on Friday. EPA\/CJ GUNTHER<\/p>\n
Nov. 8 (UPI) — Wendy’s is closing about 300 locations over the next year as the fast-food chain seeks to revitalize its business model and become more profitable.<\/p>\n
Interim Chief Executive Officer Ken Cook announced the pending closings on Friday and said they represent a small fraction of the popular restaurant chain’s 6,000 locations in the United States, CNN reported<\/a>.\n<\/p>\n Cook told analysts that “consistently underperforming” locations will be closed so that they won’t reflect poorly on the Wendy’s brand.<\/p>\n “These actions will strengthen the system and enable franchisees to invest more capital and resources in their remaining restaurants,” Cook explained.<\/p>\n “Closures of underperforming units are expected to boost sales and profitability at nearby locations.”<\/p>\n The restaurant closures will start this year and continue through next year.<\/p>\n The fast-food chain last year closed 140 restaurants for similar reasons, but it still reported a 4.7% decline in sales during the third quarter of 2025.<\/p>\n Meanwhile, Burger King, McDonald’s and Shake Shack reported revenue increases during the quarter.<\/p>\n