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Moody's: Wendy's view stable
Moody's Investors Service said it affirmed the ratings of Wendy's Restaurants, LLC, including its B2 corporate family rating and probability of default rating.
The outlook was changed to stable from developing.
Moody's said the change in outlook reflects its view that operating performance will modestly improve due in part to new product offerings and remodeled and new restaurants, although soft consumer spending and cost inflation will limit any material growth in earnings over the next 12 months.
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