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fast food, quarterly profit
(Image from article: "McDonald's Profit Jumps")

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Wendy's cuts 2012 forecast, citing higher costs

Wendy's

The Wendy's Co. on Tuesday reported a first-quarter profit that missed Wall Street expectations and cut its forecast for the year, as the hamburger chain struggled in its revival efforts amid higher costs for fresh beef and weaker-than-expected sales.

 

McDonald's Profit Jumps

McDonald's Profit Jumps

McDonald's earnings rose 23% on stronger margins and same-store sales along with an increase in customer visits.

 

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