Wendy’s set to close hundreds of US restaurants: what we know

Fast food chain Wendy’s is set to close hundreds of restaurants around the country.

CNN are reporting that in a call on Friday, Interim CEO Ken Cook told analysts a “mid single-digit percentage” of approximately 6,000 US locations could close, which amounts to between 200 and 350 restaurants.

Cook said the closures will target “underperforming” locations in an effort to “boost sales and profitability.”

“These actions will strengthen the system and enable franchisees to invest more capital and resources in their remaining restaurants,” Cook said. “Closures of underperforming units are expected to boost sales and profitability at nearby locations.”

The closures will begin this year and continue through 2026. Cook did not reveal specific locations that would be targeted.

Wendy’s closed 140 restaurants nationwide in 2024.

This is a developing story and will be updated.