COLUMBUS, Ohio (WCMH) -- Wendy's may end up closing hundreds of locations by the end of the year and into 2026.
Interim CEO Ken Cook said on an investor call Friday that he estimates a "mid-single-digit percentage" of underperforming U.S. locations would be impacted by closures.
"When we look at the system today, we have some restaurants that do not elevate the brand and are a drag from a franchisee financial performance perspective," Cook said. "The goal is to address and fix those restaurants."
Wendy's has more than 5,800 locations nationwide, which means there could be between 150 and 300 store closures.
The company will, in some cases, consider operational improvements or deploying additional technology and equipment at the underperforming stores.
"In other cases, it'll mean trans

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