Wendy's International, Inc. 2nd Quarter Same-Store Sales Up Slightly

Wendy's International, Inc. Announces 2nd Quarter Same-Store Sales

Jul 6, 2007 - 13:40
Company Produces 13 Consecutive Months of Positive Same-Store Sales Results as Turnaround of the Brand Continues

Average same-store sales at U.S. company restaurants increased 0.7% for the period, while average same-store sales at U.S. franchise restaurants increased 0.4%.

'We've now delivered 13 consecutive months of positive same-store sales,' said Chief Executive Officer and President Kerrii Anderson. 'We built on positive sales a year ago and lapped our highest unit volumes of 2006 in June. Our menu management strategy, new products, and improving marketing and restaurant operations have enabled us to continue our momentum.
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'Second-quarter same-store sales growth was not as strong as the first quarter as we continue to execute our market-based pricing strategy. We believe this is impacting transactions in the short term, but will position us to produce profit expansion in the future.'

Preliminary 2nd Quarter Same-Store Sales Summary

2Q 2007 2Q 2006 2007 YTD
-------------------------------- ------------- ----------- -----------
U.S. Company 0.7% 0.7% 2.2%
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U.S. Franchise 0.4% 1.0% 2.0%
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Monthly Same-Store Sales Summary for April, May and June

Apr 2007 Apr 2006 May 2007 May 2006 June 2007 June 2006
-------------- -------- -------- -------- -------- --------- ---------
U.S. Company 0.6% 0.2% 0.9% (0.5%) 0.6% 2.5%
-------------- -------- -------- -------- -------- --------- ---------
U.S. Franchise 0.5% 0.5% 0.5% (0.1%) 0.0% 2.8%
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