Overview
- Closures will roll out case by case starting this year, with management working with franchisees on fixes before shuttering.
- Leadership says the targeted locations are consistently underperforming, with expected benefits to sales and profitability at nearby restaurants.
- U.S. same-restaurant sales fell 4.7% in the latest quarter as value-focused competitors posted growth, highlighting ongoing domestic pressure.
- The company has not released a list of affected stores, and some sites may be upgraded or transferred to new operators instead of closing.
- Early demand for new “Tendys” chicken tenders and continued international expansion provide partial offsets to U.S. weakness.