Wendy's beats by $0.01, reports revs in-line; guides FY18 EPS in-line; North America same-restaurant comps +1.6%
- Reports Q1 (Mar) earnings of $0.11 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus of $0.10; revenues rose 33.1% year/year to $380.56 mln vs the $379.29 mln Capital IQ Consensus.
- North America same-restaurant sales increase +1.6%, the 21st consecutive quarter of positive same-restaurant sales.
- Co opened 33 global restaurants during Q1.
- Co issues in-line guidance for FY18, sees EPS of $0.55-0.57, excluding non-recurring items, vs. $0.55 Capital IQ Consensus Estimate.
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