Wendy's announces 15-year high for same-restaurant growth

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Wendy’s has recently announced that despite the ongoing coronavirus pandemic, the chain has seen some of the best same-restaurant growth this quarter than it has in over a decade. Several factors were likely responsible for this growth, including the continued popularity of the chain’s new breakfast menu and its partnerships with third-party delivery apps.

TickerSecurityLastChangeChange %
WENTHE WENDY’S COMPANY21.59-0.20-0.94%

The fast-food chain reported that same-restaurant sales rose by 10.5% in the third quarter, using a two-year basis, according to Columbus Business First. It also saw same-restaurant growth of 6.1% during this period, the highest it’s been in 15 years.

The company’s popular breakfast lineup, which launched earlier this year, was reportedly responsible for about 6.5% of the increase. Wendy's has also seen sales through third-party delivery apps double, which is likely attributable to the ongoing coronavirus pandemic.

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What's more, the chain plans to continue to adjust its business in the future for continued growth. QSR Magazine reports that CEO Todd Penegor claimed that the company was looking into opening drive-thru only restaurants, going as far to say that the company has prototypes of the new designs.

The company has seen its sales through third-party delivery apps double, which is likely attributable to the ongoing coronavirus pandemic. (iStock)

“I think it is important to have [a] portfolio of restaurants of different sizes to really make sure that we've got solutions for any trade area that's out there," Penegor said, according to QSR.

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Wendy’s isn’t the only restaurant looking to expand its drive-thru service.

Fox News previously reported that Restaurant Brands International was planning to install drive-thru ordering kiosks that utilize predictive ordering at 10,000 Burger King, Tim Hortons and Popeyes locations. The new technology would reportedly allow for personalized promotions based on everything from a customer’s previous orders, the time of day, and even the weather.

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