UPDATE: Wendy's Reports Rise In Q2 Profit

Wendy's Company (The) WEN reported a rise in its second-quarter profit on Thursday. Wendy's quarterly profit surged to $11.3 million from $10.7 million. Its earnings per share came in at $0.03 per share. Its revenue climbed to $622.5 million from $607.4 million. However, analysts were expecting earnings of $0.05 per share on revenue of $758.24 million. Wendy's quarterly same-store sales climbed 2.3%. Wendy's shares gained 1.76% to $4.63 in pre-market trading.