Wendy's up after Q3 profit beat

Shares of Wendy's WEN.O rise 7% to $9.43 premarket

Co tops Q3 profit estimates by 4 cents, helped by costs savings through its turnaround plan, despite pricier commodities and weak traffic

Q3 adjusted EPS of 24 cents beats estimate of 20 cents- data compiled by LSEG

However, Q3 comparable sales decline 3.7% vs estimate of fall of 3.13% as demand at fast-food chains remains muted in the U.S.

WEN reaffirms annual profit targets

As of last close, stock down ~46%, YTD