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Thursday, 02/26/2015 5:57:35 PM

Thursday, February 26, 2015 5:57:35 PM

Post# of 739
Form 10-K for WENDY'S CO

26-Feb-2015

Annual Report


[....]

In February 2015, the Company announced plans to sell approximately 500 additional restaurants to franchisees and reduce its ongoing company-owned restaurant ownership to approximately 5% of the total system by the middle of 2016, as part of its ongoing system optimization initiative. As a result, the Company anticipates recognizing additional System Optimization Remeasurement. However, the Company cannot estimate such charges or any gains or losses resulting from future sales of its restaurants.

[....]

http://biz.yahoo.com/e/150226/wen10-k.html

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Wendys Company (The) (WEN)
$11.305 down -0.085 (-0.75%)
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*WEN is up 30% in the last 4 months...crude Oil (gasoline) down 35% over same period -- coincidence?










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