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Wendy’s sells 70 restaurants in Dallas area
Dublin, Ohio -- The Wendy’s Company announced the sale of 70 restaurants in the Dallas-Ft. Worth metroplex to Texas-based MUY Hamburger Partners, a Wendy's franchisee. The transaction is designed to promote new restaurant growth and reimaging, while generating a more predictable revenue stream for the company.
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GNC focuses on expansion following Q4 results
Despite a challenging retail environment, GNC performed well during the fourth quarter and fiscal year 2013, generating what chairman, president and CEO Joe Fortunato described as solid top and bottom line growth.
For the quarter, net income slightly rose to $47.7 million from $47.4 million in the same period the prior year.
