Financing
As inflation soars, lower-income consumers slow their restaurant spending
The Bottom Line: Quick-service restaurant executives say they’re seeing fewer visits from people with lower incomes and more visits from those with higher incomes. But that difference may not last for long.
Financing
Wendy’s sales grow, but margins take a hit
Company-operated stores’ profits declined on higher costs, but the chain had one of its best years for unit growth in its history.