Wendy's/Arby's 4Q loss narrows

CHICAGO - March 4, 2010

And the restaurant says an important sales measure kept sliding as customers counted their pennies in a weak economy.

For the three-month period, Wendy's/Arby's Group lost $13.6 million, or 3 cents per share. That compares with a loss of $393.2 million, or 84 cents per share, during the previous year.

Excluding those one-time costs, the company earned 7 cents per share. Its quarterly adjusted profit was 5 cents per share in 2008.

Revenue climbed 0.5 percent to $900.9 million.

The Atlanta restaurant chain's adjusted profit was better than expectations. But its revenue fell short of forecasts.

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