Thu Aug 06 11:53:00 -0400 2009

Reuters (New York)

- Wendy’s/Arby’s Group Inc (WEN.N), the third-largest U.S. fast-food chain, posted a quarterly profit on Thursday and said July sales trends were improving, sending shares up 2.7 percent.

“An encouraging performance, especially when you consider the early commentary on July,” Telsey Advisory Group analyst Tom Forte said, also citing the strong restaurant margin at Wendy’s and overall cost-cutting and lower commodity prices.

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