You can now read 5 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

Market Mover

Wendy’s profit tops Street’s expectations

Wendy’s ‘‘Right Price Right Size’’ menu has items ranging from 99 cents to $1.99.

Associated Press/File 2012

Wendy’s ‘‘Right Price Right Size’’ menu has items ranging from 99 cents to $1.99.

Continue reading below

Wendy’s new value menu and focus on premium burgers helped its quarterly net income top expectations. The chain has also begun revamping restaurants with a modern look with causal seating areas akin to what “fast-casual’ chains like Panera Bread offer. Profit jumped to $22.4 million, or 6 cents per share, up sharply from $4 million, or 1 cent, a year earlier. The results included a tax benefit, lower interest expense, and a sharp rise in investment­ income.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com
Already a subscriber?
Your city. Your stories. Your Globe.
Yours FREE for two weeks.
Enjoy free unlimited access to Globe.com for the next two weeks.
Limited time only - No credit card required!
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.
Thanks & Welcome to Globe.com
You now have unlimited access for the next two weeks.
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.