Burger chain Wendy's same-restaurant sales beat estimatesMay 6, 2015 - 8:04ambusiness/agriculture
Wendy's Co, the No.3 U.S. burger chain, reported better-than-expected same-restaurant sales for the first quarter and said it planned to sell its bakery operations in the current quarter.
Shares of the company, known for its square beef burgers and thick "Frosty" milkshakes, rose about 6 percent in premarket trading on Wednesday.
Wendy's said same-restaurant sales rose 3.2 percent in the quarter ended March 29. Analysts on average had...