Wendy's International posted second-quarter earnings on Thursday, and the fast-food chain reported a 1% drop in quarterly earnings, which topped Wall Street estimates, but the firm also dropped its profit view for the year on anemic sales at its eponymous burger joints and higher beef costs.

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Wendy's International (nyse: WEN - news - people ) posted second-quarter earnings on Thursday, and the fast-food chain reported a 1% drop in quarterly earnings, which topped Wall Street estimates, but the firm also dropped its profit view for the year on anemic sales at its eponymous burger joints and higher beef costs.

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Once those parts of the supply chain catch up, prices should drop.

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