The Wendy's Company (WEN) reported fourth-quarter fiscal 2023 results, with earnings and revenues missing the Zacks Consensus Estimate. On a year-over-year basis, the top line rose while the bottom line declined. Solid same-restaurant sales and strength in digital momentum aided the company’s performance.Following the announcement, Wendy's shares declined 1.5% during the trading session on Feb 15.In 2023, Wendy’s system saw robust growth in sales, profit and cash flow. This was fueled by progress on strateg ...

Billionaire Nelson Peltz, who is Wendy’s chairman and its largest shareholder, charged the fast-food giant nearly $600,000 in “security-related expenses” last year, according securities filings.In a little-noticed disclosure last spring, Wendy’s noted in a 116-page proxy statement that the board of directors approved reimbursement to Peltz for the $596,467 that the hard-charging investor billed for his “independent professional security consulting firm,” according to Securities and Exchange Commission filin ...

Wendy's (WEN) reported $540.65 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 0.8%. EPS of $0.21 for the same period compares to $0.22 a year ago.The reported revenue represents a surprise of -1.09% over the Zacks Consensus Estimate of $546.61 million. With the consensus EPS estimate being $0.23, the EPS surprise was -8.70%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Fourth Quarter 2023 Conference Call February 15, 2024 © Quality Is Our Recipe, LLC Kelsey Freed Director – Investor Relations © Quality Is Our Recipe, LLC ...

The Wendy’s Company (NASDAQ:WEN) Q4 2023 Earnings Conference Call February 15, 2024 8:30 AM ET Company Participants Kelsey Freed – Director-Investor Relations Kirk Tanner – President and Chief Executive Officer Gunther Plosch – Chief Financial Officer Conference Call Participants Joshua Long – Stephens, Inc. Jon Tower – Citi Brian Bittner – Oppenheimer Dennis Geiger – UBS Chris O'Cull – Stifel Eric Gonzalez – KeyBanc John Ivankoe – JPMorgan Andrew Strelzik – BMO Chris Carril – RBC Capital Markets Sara Senat ...

Wendy's (WEN) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -8.70%. A quarter ago, it was expected that this hamburger chain would post earnings of $0.26 per share when it actually produced earnings of $0.27, delivering a surprise of 3.85%.Over the last four quarters, the company ha ...

Shares of Wendy’s Co. WEN slumped 2% toward a three-month low in premarket trading Thursday, after the fast-food burger chain reported fourth-quarter profit and revenue that missed expectations, and provided a 2024 outlook that was below Wall Street forecasts. Net income rose to $46.9 million, or 23 cents a share, from $41.3 million, or 19 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share slipped to 21 cents from 22 cents, due to higher amortization of cloud co ...

The Wendy's Company (WEN) is scheduled to report fourth-quarter 2023 results on Feb 15 before the opening bell. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 3.9%.Q4 EstimatesThe Zacks Consensus Estimate for earnings is pegged at 23 cents per share, indicating an increase of 4.6% from a year ago.The consensus mark for revenues is pegged at $546.6 million, suggesting an improvement of 1.9% from the year-ago quarter.Factors to NoteWendy's fourth-quarter perform ...

ST. PETERSBURG, Fla., Jan. 30, 2024 /PRNewswire/ -- Consumers across America have a very tasty reason to watch their mailboxes this February. Valpak®, trusted source for exclusive local and national savings, is teaming up with fast-food restaurant brand Wendy's® to bring consumers plenty of deals on their favorite Wendy's menu items. Address-side of Valpak's Wendy's-branded Envelope. Along with unbeatable offers on other products and services consumers love, Valpak is filling its flagship Blue Envelope ...

CLEVELAND, Jan. 25, 2024 /PRNewswire/ -- In a strategic move to enhance local advertising efforts and engage with modern consumers, Tiger Pistol, the most advanced local social media advertising platform, and The Wendy's Company are thrilled to announce the expansion of their partnership to include TikTok advertising.SEE THE SCALE, PERFORMANCE, AND VERSATILITY OF THE TIGER PISTOL PLATFORM.  Tiger Pistol brings its proven approach from years of executing local social media advertising campaigns to TikTok, ...