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Wendy's (WEN) Stock Advances as Earnings, Sales Beat Expectations

NEW YORK (TheStreet) -- Wendy's (WEN - Get Report) stock is higher by 2.97% to $9.71 in early morning trading on Wednesday, after reporting 2015 third quarter earnings results before the market open.

The quick-service restaurant company posted earnings of 9 cents per share for the most recent quarter, up from 7 cents per share for the year ago quarter.

Revenue declined by 6.5% year over year, to $465 million from $496.7 million.

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Analysts had forecast for earnings of 8 cents per share on revenue of $438...