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flag Wendy's will close 140 underperforming U.S. restaurants while opening new locations by 2024.

flag Wendy's plans to close 140 underperforming restaurants in the U.S. as part of a strategy to enhance its brand and operations. flag CEO Kirk Tanner noted these locations have financial performance below the company average. flag This follows an earlier announcement to close 100 locations. flag Despite the closures, Wendy's will open an equal number of new restaurants in better-performing areas and aims to launch 250 to 300 new locations with updated designs by 2024.

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