DUBLIN, Ohio, Oct. 9, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) will release its third quarter 2024 results before the market opens on Thursday, October 31. The Company will host a conference call that same day at 8:30 a.m. ET, with a simultaneous webcast from the Company's Investor Relations website at www.irwendys.com. The related presentation materials will also be available on the Company's Investor Relations website. The live conference call will be available by telephone at (844) 200-6205 ...

Group 1 - Wendy's is offering $1 any size soft drinks nationwide for a limited time, enhancing value for customers [2][4] - The promotion allows fans to choose from over 100 beverage options available through Coca-Cola Freestyle® dispensers [2][5] - The $1 soft drink offer is available all day, providing flexibility for customers to enjoy their favorite drinks at any time [3][5] Group 2 - Wendy's aims to create a fun beverage experience by allowing customers to mix and match flavors, enhancing customer engagement [5] - The company has a long-standing commitment to quality and value, which has been a core principle since its founding in 1969 [6] - Wendy's operates over 7,000 restaurants worldwide and continues to focus on making a positive impact through initiatives like the Dave Thomas Foundation for Adoption® [6]

I'm an equity analyst specializing in restaurant stocks, with a solid background in Business Administration and Accounting. I also have an MBA in Forensic Accounting and Controllership.As the founder of Goulart's Restaurant Stocks, I lead a company that excels at analyzing restaurant stocks in the US market. Our approach covers a wide range of segments, including QSR, fast casual, casual dining, fine dining and family dining. We use advanced analytical models and specialized valuation techniques to provide ...

Group 1 - Wendy's is launching its HalloWEENDY's season with a new collection of Frosty Frights kids' meal toys, featuring 11 limited-edition toys inspired by the Frosty treat [1] - The toys include characters such as Franken Frosty, Frosty Bite, Coolie Ghoulie, Brrr Beast, Cold Spell, and Junior, appealing to both children and collectors [1] - Each Wendy's Kids' Meal includes a choice of 4-piece chicken nuggets, hamburger, or cheeseburger, along with Jr. Hot & Crispy Fries or Apple Bites and a kids' drink [1] Group 2 - Wendy's is also introducing special edition Boo! Books for $1, which include coupons for five free Jr. Frosty treats and a bonus coupon for a $1.99 Kids' Meal with any purchase [2] - Proceeds from the Boo! Books will benefit the Dave Thomas Foundation for Adoption, supporting its mission to find homes for children in foster care [2] - Customers can visit Wendy's.com to learn more about the HalloWEENDY's festivities this Halloween [2]

Core Viewpoint - Wendy's stock has underperformed over the past year, dropping 14.6%, compared to the Zacks Retail - Restaurants industry's growth of 12.8% and the S&P 500's rise of 33.8%, primarily due to higher labor costs, reduced customer count, and increased capital expenditures [1] Group 1: Stock Performance - Wendy's shares have shown resilience recently, rising 3.7% in the past month, outperforming the industry growth of 3.4% [1] - The stock's technical indicators suggest strong performance, trading above its 50-day moving averages, indicating robust upward momentum [5] - Wendy's is trading at a forward 12-month price-to-earnings ratio of 17.07x, lower than the industry's 24.97x and the broader Retail-Wholesale sector's 23.87x, highlighting a favorable valuation for investors [6] Group 2: Sales and Growth Initiatives - The company has reported solid same-restaurant sales growth, particularly in the breakfast segment, and anticipates global same-restaurant sales growth of 1-3% for the full year [7][8] - Digital sales have seen significant growth, with a more than 40% increase year over year, driven by enhancements in mobile ordering and delivery channels [9] - Wendy's opened 99 new restaurants in the first half of 2024, marking over a 20% increase compared to the same period in 2023, indicating a commitment to expanding its global footprint [11] Group 3: Strategic Partnerships and Innovations - The company announced a partnership with Palantir Technologies to enhance digital transformation and AI adoption within its supply chain operations, expected to generate cost savings and operational efficiencies [9] - Wendy's focus on menu innovation, technology upgrades, and strategic pricing positions it to capitalize on positive industry trends [2]

Core Points - Wendy's is offering $1 Frosty treats nationwide through September 30, 2024, to attract customers during ice cream machine downtimes at competitors [2][5] - The initiative is based on data from McBroken.com, which identified cities with the highest ice cream machine outages, including Chicago, Houston, Las Vegas, New York, and Los Angeles [2][5] - Wendy's aims to provide a reliable dessert option for customers when they experience cravings, especially during peak hours when competitors' machines are often unavailable [3][5] Company Overview - Wendy's was founded in 1969 by Dave Thomas and is known for its made-to-order square hamburgers and signature items like the Frosty dessert [6] - The company operates over 7,000 restaurants worldwide and is committed to quality and making a positive difference in the community [6] - Wendy's supports the Dave Thomas Foundation for Adoption and employs hundreds of thousands of people through its franchise network [6]

Core Viewpoint - The Wendy's Company has appointed John Min as Chief Legal Officer and Secretary and Mary Greenlee as Senior Vice President, U.S. Operations, to enhance leadership and drive growth initiatives [1][2]. Leadership Appointments - John Min brings two decades of corporate legal experience, previously serving as Senior Vice President, Chief Legal Officer, and Secretary of Kellanova, and will oversee Wendy's global legal department [2][3]. - Mary Greenlee has over 25 years of experience in the restaurant and beverage industries, most recently as Vice President of U.S. Field Operations at Subway, and will manage Wendy's company and franchise operations [3][4]. Strategic Focus - Min's role will involve guiding Wendy's legal strategy and operations, managing global risk and compliance functions, and supporting the company's development plans [2][3]. - Greenlee will focus on enhancing franchise relationships, driving market expansion, and supporting the brand's strategic growth initiatives [3][4]. Company Vision - Wendy's aims to uphold high standards of legal and ethical practices while enhancing operations and delivering exceptional customer experiences [4]. - The company is committed to becoming the world's most thriving and beloved restaurant brand, with a focus on quality and innovation in the QSR industry [7].

Nelson Peltz speaking at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019.Nelson Peltz is stepping down as chair of Wendy's, ending a 17-year reign at the fast-food chain.Wendy's said Friday that the change is effective immediately.Peltz's exit comes as low-income consumers eat out less, causing Wendy's sales to slump. Shares of the burger chain have fallen more than 12% this year, dragging its market value down to $3.45 billion. Earlier this year, PepsiCo veteran Kirk Tanner stepped in as ...

Fans who purchase a $1 Boo! Books benefiting foster care adoption will also score a $1.99 Kids' Meal with purchase couponDUBLIN, Ohio, Sept. 3, 2024 /PRNewswire/ --WHAT: Wendy's® is officially kicking off the HalloWEENDY's season with a new Frosty® Frights kids' meal collection. Through the spooky season, fans can collect all Frosty Frights kids' meal toys inspired by the iconic Frosty treat, if they dare... With spooky-fun characters like Franken Frosty, Frosty Bite, Coolie Ghoulie, Brrr Beast, Cold Spell ...

jetcityimage/iStock Editorial via Getty ImagesI thought Wendy's (NASDAQ:WEN) looked cheap enough when I opened on it with a 'Buy' rating late last year. Sure, there is a lot that is so-so here, including unit economics and growth prospects, but these shares were offering up a 5% dividend yield back then, and that really didn't require too much supplemental growth from the business in order to work for investors. The stock has definitely disappointed in that time. This isn't an easy period for quick-serv ...