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Wendy's sees no growth in 2019 core earnings

Credit: REUTERS/LUCY NICHOLSON

Wendy's Co said on Monday it does not expect growth in its 2019 core earnings due to one-time expenses from its plan to expand its breakfast offerings across its U.S. restaurants in 2020.

Sept 9 (Reuters) - Wendy's Co WEN.O said on Monday it does not expect growth in its 2019 core earnings due to one-time expenses from its plan to expand its breakfast offerings across its U.S. restaurants in 2020.

The company said it now expects full-year adjusted earnings before interest, tax, depreciation and amortization to be in the range flat to down 2% from the prior expectation of growth of about 2.5%-4.5%.

(Reporting by Saumya Sibi Joseph in Bengaluru; Editing by Shailesh Kuber)

((saumya.joseph@thomsonreuters.com; within U.S. +1 646 223 8780, outside U.S. +91 80 6749 2290; Twitter: @SaumyaSibi;))

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