February 21, 2019 / 12:07 PM / 3 months ago

Burger chain Wendy's misses same-restaurant sales forecasts

Feb 21 (Reuters) - Burger chain Wendy's missed Wall Street forecasts for same-restaurant sales in the fourth quarter, as it struggled to lure diners in a crowded U.S. fast-food market.

Sales at Wendy's outlets open for at least 15 months in North America rose only 0.2 percent in the three months ended Dec. 30, results showed on Thursday. Wall Street analysts on average had estimated a 0.74 percent increase, according to IBES data from Refinitiv. (Reporting by Nivedita Balu in Bengaluru; Editing by Sai Sachin Ravikumar)

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