Tax Benefit Helps Wendy's 4Q Profit

Feb 28, 2013

Dublin-based Wendy's says fourth quarter profit increased thanks in part to a larger tax benefit.

Profit for the fast food chain was 26.4 million dollars, up from 4 million in the same period a year ago. Revenue rose by 2 percent to nearly 630 million dollars. The results are in line with Wall Street analysts' expectations.