Restaurant News Resource - Wendy’s/Arby’s Group Restaurant Industry News

When Wendy's decided to remake its 42-year-old hamburger, the chain agonized over every detail. A pickle chemist was consulted. Customers were quizzed on their lettuce knowledge. And executives went on a cross-country burger-eating tour.

Changes Name to The Wendy’s Company - Announces Timing of Second Quarter 2011 Results and Conference Call

Wendy’s/Arby’s Retains 18.5% Ownership of Arby’s; Wendy’s/Arby’s Estimates Transaction Value of $430 Million

Reaffirms Outlook for Wendy’s Long-Term EBITDA Growth Target of 10-15%

First Wendy’s Restaurant Expected in Tokyo with Plans for Rapid Growth

New Franchisee Plans 50 Wendy’s Restaurants; First Wendy’s to Open in Buenos Aires in 2011

Wendy's/Arby's Group, Inc. (NYSE: WEN), the third-largest quick-service restaurant company in the United States, today announced it is exploring strategic alternatives for Arby’s Restaurant Group, Inc., including a sale of the brand. UBS Investment Bank is assisting in the process.

Consolidated revenues were $861.2 million as compared to third quarter 2009 revenues of $903.2 million.

Wendy's announces the nationwide launch of its new natural-cut fries with sea salt, marking the first complete redesign of the company's classic fries in its 41-year history.

The agreement calls for the development of 24 Wendy’s restaurants over the next 10 years in Trinidad and Tobago and eight other markets. The first of these restaurants is scheduled to open in 2011 in Trinidad.