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Wendy's Profit Grilled By High Beef Costs, Lowers Forecast
forbes.com 3 weeks agoWendy?s swung to a first-quarter profit, even as rising commodity costs pressured its margins. The fast food chain earned $12.4 million, three cents a share, after a $1.4 million loss a year ago. Excluding one-time items, Wendy?s made one cent a share. Analysts expected earnings of three cents a share. Higher input costs???particularly beef prices???constricted ...










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