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Wendy’s to Close 200–350 U.S. Restaurants in Turnaround Plan

The chain targets consistently underperforming units to free capital for reinvestment by franchisees.

Overview

  • The closures will roll out starting later this year and continue through 2026, with no list of affected locations released.
  • Leadership will evaluate each restaurant for operational fixes or transfer to a new operator before opting for a shutdown.
  • U.S. same-store sales fell 4.7% in the third quarter, as Wendy’s reported $44.3 million in net income on $549.5 million in revenue.
  • Executives cite commodity and labor inflation plus pressure on lower-income customers, while company-owned stores outperformed the system.
  • New “Tendys” chicken tenders have generated strong early demand, and the chain continues to expand internationally.