The Wendy’s Company (WEN) stock registered a 14.6% drop in the past year, lagging the Zacks Retail - Restaurants industry’s 12.8% growth and the S&P 500’s 33.8% rise. This underperformance is largely due to higher labor costs, reduced customer count and increased capital expenditures. The company’s incremental investment in breakfast advertising has further pressured margins.Despite these challenges, Wendy's shares have shown resilience in the past month, rising 3.7% compared with the industry's 3.4% growth ...

For fans facing fast food ice cream machine downtime, Wendy's serves up $1 Frosty treats* through SeptemberDUBLIN, Ohio, Sept. 25, 2024 /PRNewswire/ --WHAT: For nearly 55 years, Wendy's® iconic Frosty® has been the go-to sweet treat fix when fans' cravings strike, while the ice cream machines at the other guys are offline – often for two to three hours at a time.** Partnering with the infamous McBroken.com developer,** Wendy's tracked where a Frosty Fix was needed the most and found Chicago, Houston, Las Ve ...

John Min Appointed Chief Legal Officer and Secretary Mary Greenlee Named Senior Vice President, U.S. OperationsDUBLIN, Ohio, Sept. 16, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) ("Wendy's" or the "Company") announced today the appointment of John Min as the Company's Chief Legal Officer and Secretary and Mary Greenlee as Senior Vice President, U.S. Operations, effective today. These appointments represent the continued evolution of the Company's leadership structure to drive accountability and a ...

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 ...

Perfect for tailgating and watch parties, new party-sized Saucy Nuggs are available August 27 DUBLIN, Ohio, Aug. 27, 2024 /PRNewswire/ -- Football Season Gets Saucy with Wendy’s New Saucy Nuggs Party Pack Beginning August 27WHAT: Wendy's® is fueling football fans and saucing up game day with the NEW Saucy Nuggs Party Pack available nationwide beginning today. The Saucy Nuggs Party Pack features about 45-50* all white-meat chicken nuggets freshly tossed and sauced in one of seven unique flavors. Every watch- ...

Shares of The Wendy's Company (WEN) have declined 12.8% year to date (YTD), compared with the industry’s decrease of 2.1%. The decline can be attributed to commodities costs and reduced customer count.The situation with commodities hasn't shifted much. The company is still seeing inflationary pressures on beef and fries. While WEN intends to strategically adjust, select menu prices and product offerings to mitigate the challenges, potential delays in implementation and competitive pressures may hinder its a ...

JHVEPhoto/iStock Editorial via Getty Images Context During my initial analysis of Wendy's (NASDAQ:WEN) I examined a wide range of relevant operational and financial aspects. Since then, I have noticed some interesting developments in both the industry and its '70/30 Expansion Strategy' that I would like to share with you. But first, I would like to introduce some important context regarding the current QSR landscape within the American market. One of the key points of the industry is crystal clear: gues ...

The Wendy’s Company (WEN) reported dismal second-quarter fiscal 2024 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 U.S. breakfast sales and digital sales momentum aided the company’s performance.The company continues to focus on industry-leading quality, innovation and value. It aims to maintain a customer-first approach while driving its restaurant economic mo ...