020310 Wendy's February Same-Store Sales Rise

Dublin, OH - Wendy's International Inc. said that preliminary results showed same-restaurant sales rose at both its Wendy's and Tim Hortons units in February, helped by regional advertising.

Sales at Wendy's U.S. company restaurants open for at least a year are expected to rise between 3.75% and 4.25% in the fiscal month, which ends March 3, the company said.

Same-restaurant sales at Tim Hortons doughnut shops in Canada rose 7.5% to 8%, with a rise of 10% to 10.5% in the United States.

The company also said it may resume share repurchases, buying up to $25 million of its stock.

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