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With Q1 wrapped up and franchise brands turning in their first results reports of 2019, <a href="https://www.wendys.com/franchising?utm_source=1851franchise.com&utm_medium=article&utm_campaign=wendys-turns-in-strong-q1-thanks-to-new-burgers-increased-royalties-2709891" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">Wendy&rsquo;s</a> announced that it had a better quarter than originally anticipated, <a href="https://www.cnbc.com/2019/05/08/wendys-quarterly-revenue-beat-estimates.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=wendys-turns-in-strong-q1-thanks-to-new-burgers-increased-royalties-2709891" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">according to CNBC</a>.

The QSR giant reported better-than-expected revenue and profit for the quarter, noting that it benefited from both higher royalty fees and a refreshed offering that included the launch of a new premium burger line.

In an effort to attract more customers seeking higher caliber fast food options, CNBC noted. Wendy&rsquo;s new &lsquo;Made to Crave&rsquo; burgers include &lsquo;premium&rsquo; toppings such as avocado, applewood smoked bacon, asiago cheese and Kansas City-style barbecue sauce. 

It has paid off so far, as Wendy&rsquo;s total revenue rose 7.4% to $408.6 million, beating analysts&rsquo; estimates of $399.8 million, according to IBES data from Refinitiv included in the article. That same data revealed that profit margins at company-owned restaurants rose 15% as a result of the higher prices of these new products, compared to 13.9% a year earlier.

Read the full story <a href="https://www.cnbc.com/2019/05/08/wendys-quarterly-revenue-beat-estimates.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=wendys-turns-in-strong-q1-thanks-to-new-burgers-increased-royalties-2709891" target="_blank" rel="nofollow" style="color:rgb(17, 85, 204); text-decoration-line:none" target="_blank">here</a>.

Wendy's Turns in Strong Q1 Thanks to New Burgers, Increased Royalties

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