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FILE - A sign stands over a Wendy's restaurant, Feb. 25, 2021, in Des Moines, Iowa. Wendy’s says that it has no plans to increase prices during the busiest times at its restaurants, Wednesday, Feb. 28, 2024. The burger chain clarified its stance on how it will approach pricing after various media reports said that the company was looking to test having the prices of its menu items fluctuate throughout the day based on demand. (AP Photo/Charlie Neibergall, File)

Wendy's says it has no plans to raise prices during the busiest times at its restaurants

Wendy’s says that it has no plans to increase prices during the busiest times at its restaurants

By AP News
Published - Feb 28, 2024, 10:12 AM ET
Last Updated - Feb 28, 2024, 10:12 AM EST

Wendy's says that it has no plans to increase prices during the busiest times at its restaurants.

The burger chain clarified its stance on how it will approach pricing after various media reports said that the company was looking to test having the prices of its menu items fluctuate throughout the day based on demand.

“Wendy’s will not implement surge pricing, which is the practice of raising prices when demand is highest. We didn’t use that phrase, nor do we plan to implement that practice,” the company said late Tuesday in a prepared statement.

Wendy’s Co. plans to invest about $20 million to launch digital menu boards at all of its U.S. company-run restaurants by the end of 2025. It also plans to invest approximately $10 million over the next two years to support digital menu enhancements globally.

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