Wendy's earnings rise in the second quarter

Wendy's reported quarterly earnings that came in a penny a share shy of analysts' expectations on Thursday, but sales were better-than-expected.

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The company posted second-quarter earnings excluding items of 9 cents per share on revenue of $523 million.

Analysts had expected the fast-food chain to report earnings of 10 cents a share on revenue of $518 million, according to Reuters.

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CORRECTION: This story has been updated to show second-quarter earnings results. An earlier version reflected first-quarter results.