Wendy's is set to close hundreds of locations across the United States as part of its turnaround plan.
File video above: Wendy's surge pricing will change cost of food depending on demand
Interim CEO Ken Cook announced Friday that a "mid single-digit percentage" of Wendy's approximately 6,000 U.S. locations could close, which would amount to around 200 to 350 restaurants.
Affected locations are those that are "consistently underperforming" and dragging down the chain's overall performance, Cook told analysts. The closures will begin this year and continue through 2026.
"These actions will strengthen the system and enable franchisees to invest more capital and resources in their remaining restaurants," he said. "Closures of underperforming units are expected to boost sales and profitabi

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