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NASDAQ:WEN 5 November 2025 - 1 January 2026

Arby’s quietly closes more locations as fast-food chains retrench into 2026

Arby’s quietly closes more locations as fast-food chains retrench into 2026

Arby’s has closed at least 14 U.S. restaurants in 2025, with shutdowns reported in California, Delaware, Florida, Maryland, New Jersey, South Carolina, Tennessee, and Washington. The company has not released a full list of affected locations. Rising food, labor, and rent costs are pressuring fast-food chains to trim underperforming stores. Closures have been confirmed in cities including Memphis, Fresno, and North Charleston.
30 December 2025
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Wendy’s to Close 200–350 U.S. Restaurants as ‘Project Fresh’ Accelerates — What We Know Today (Nov. 10, 2025)

Wendy’s to Close 200–350 U.S. Restaurants as ‘Project Fresh’ Accelerates — What We Know Today (Nov. 10, 2025)

Wendy’s will close about 200 to 350 U.S. restaurants, or a mid-single-digit percentage of its footprint, starting late 2025 through 2026. The company cited a 4.7% drop in U.S. same-restaurant sales in Q3 and said closures will target underperforming locations. No list of affected stores has been released. The move is part of a broader turnaround effort called “Project Fresh.”
10 November 2025
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Wendy’s (WEN) pops after Q3 beat as ‘Project Fresh’ adds store-closure plan — Nov. 7, 2025

Wendy’s (WEN) pops after Q3 beat as ‘Project Fresh’ adds store-closure plan — Nov. 7, 2025

Wendy’s beat Q3 earnings estimates with adjusted EPS of $0.24 and declared a $0.14 per-share dividend. Revenue fell 3% to $549.5 million as U.S. same-restaurant sales dropped 4.7%. Management said a mid-single-digit percentage of U.S. locations—roughly 200 to 350 restaurants—could close under the new Project Fresh turnaround plan. Shares traded near $9.50 intraday.
7 November 2025
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Carl’s Jr. Drops $1 Meals Across SoCal as Shutdown Breaks Record—Who Qualifies, Where to Go, and What It Means for Fast‑Food Stocks

Carl’s Jr. Drops $1 Meals Across SoCal as Shutdown Breaks Record—Who Qualifies, Where to Go, and What It Means for Fast‑Food Stocks

The U.S. government shutdown reached Day 36, now the longest on record, after Senate talks failed overnight. Carl’s Jr. franchisee Akash Management LLC is offering $1 kids meals to federal workers, military families, and SNAP/EBT recipients at select Southern California locations during the shutdown. Courts ordered partial November SNAP funding, but delays and cuts are expected. L.A. County added $10 million to its food bank.
5 November 2025
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