Fast food giant Wendy’s announced this week that it plans to shutter hundreds of locations across the United States as part of an effort to improve profitability and reverse declining sales, according to reports.<\/p>\n
During a quarterly earnings call<\/a> on Friday, Interim Chief Executive Ken Cook said the company will close a \u201cmid single-digit percentage\u201d of locations, USA Today reported<\/a>. With around 6,000 locations nationwide, that would amount to roughly 240 to 360 stores.<\/p>\n One investor estimated the number at about 300 locations during the call, the report said. The closures are expected to begin this year and continue through next year, according to Fast Company<\/a>.<\/p>\n Wendy’s has 500 locations in Florida. It is the second-largest quick-service burger chain in the United States based on revenue, according to data<\/a> compiled by Statista.<\/p>\n “When we look at the system today, we have some restaurants that do not elevate the brand and are a drag from a franchisee financial performance perspective,” Cook said during the call. “The goal is to address and fix those restaurants.”<\/p>\n When contacted by Fast Company, Wendy\u2019s declined to provide a specific list of locations slated for closure.<\/p>\n The news came as Wendy’s reported third-quarter<\/a> profits of $44.3 million and revenue of $549.5 million. Globalwide, sales were at $3.5 billion, a decrease of 2.6 percent. In the U.S., sales declined 3 percent in the third quarter of 2025 compared to the same time in 2024.<\/p>\n The decision by Wendy’s comes a year after the company said it planned to close 140 “outdated” stores in underperforming areas.<\/p>\n While the additional 140 closures would have left Wendy’s growth count flat for 2024, former CEO Kirk Tanner said it set the company up for faster expansion<\/a> starting next year, Business Insider reported<\/a>.<\/p>\n “We have designed this initiative to ensure that, over time, many of these units will be replaced by new restaurants at better locations with significantly improved sales and profitability,” Tanner said.<\/p>\n Wendy’s is the latest fast food chain to announce closures in 2025.<\/p>\n In April, Jack in the Box<\/a> said it planned to close as many as 200 of its locations as part of a plan to improve the company’s financial outlook. A month earlier, the gourmet burger chain Red Robin said it would close around 70 underperforming locations, potentially including some in Florida<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"Fast food giant Wendy’s announced this week that it plans to shutter hundreds of locations across the United…\n","protected":false},"author":2,"featured_media":39180,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[202,204,203,199,201,200],"class_list":["post-39179","post","type-post","status-publish","format-standard","has-post-thumbnail","category-st-petersburg","tag-st-pete","tag-st-pete-headlines","tag-st-pete-news","tag-st-petersburg","tag-st-petersburg-headlines","tag-st-petersburg-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/39179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=39179"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/39179\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/39180"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=39179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=39179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=39179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}