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Wendy's Shows Improvement

Stock quotes in this article: WEN , BKC , MCD , THI  

Wendy's (WEN Quote) reported a 22% rise in third-quarter earnings from continuing operations, with a new pricing plan helping to improve margins and offset flat revenue.

The burger chain -- currently on the selling block -- reported third-quarter income from continuing operations of $28.8 million, or 33 cents a share, up from $23.7 million, or 20 cents a share, a year earlier.

Excluding restructuring costs and charges tied to the company's board review of alternatives, earnings jumped 55% to $38.6 million, or 44 cents a share. ...

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