date:Mar 01, 2013
Net income at The Wendys Co. fell in fiscal 2012 despite a sharp increase in the fourth quarter due in part to a larger tax benefit, the company said. For the fiscal year ended Dec. 30, 2012, net income was $7,083,000, down 28% from $9,875,000 in fiscal 2011.
For the fourth quarter ended Dec. 30, 2012, income attributable to Wendys totaled $26,388,000, up from $3,984,000 in the same period a year ago.
Total revenues for the full year increased 3% to $2,505,242,000 from $2,431,358,000, while fo