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Wendy's to Close Up to 350 Locations Amid Sales Decline

11/7/2025

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Story summary
  • Wendy's will close 200–350 underperforming U.S. locations, announced by Interim CEO Ken Cook.
  • The closures affect a mid single-digit share of Wendy's about 6,000 U.S. restaurants.
  • The move aims to boost performance and allow franchisees to reinvest in remaining outlets, with Cook citing strong demand for new chicken tenders.
  • The move follows a year after 140 locations were shut down.
  • Wendy's reported a 4.7% decline in same-store sales.