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Burger Chain One-Ups Top Rival.(THE NEW AMERICA)(NEW AMERICA REVISITED)
Byline: FROM IBD NEWS SERVICES
Wendy's International Inc. (New America, Feb. 21, 2001) on Friday reported a 2% gain in fourth-quarter earnings, thanks mostly to strong sales at its namesake hamburger chain and its Canadian chain of Tim Hortons doughnut stores. While the tiny profit increase didn't exactly set Wall Street on fire, it was a lot better than the quarterly decline posted by rival McDonald's Corp. Analysts say Wendy's, the No. 3 hamburger chain, boosted profit by offering salads and other healthier menu choices, speeding up service and ...
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