Core Viewpoint - Wendy's is anticipated to report a year-over-year increase in earnings and revenues for the quarter ended December 2024, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is scheduled for February 13, 2025, with expectations that better-than-expected results could drive the stock price higher, while disappointing results may lead to a decline [2]. - The Zacks Consensus Estimate predicts quarterly earnings of $0.24 per share, reflecting a year-over-year increase of 14.3%, and revenues are expected to reach $564.17 million, up 4.4% from the previous year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 0.9%, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Wendy's is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +2.34%, suggesting a bullish outlook from analysts [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8]. - Wendy's currently holds a Zacks Rank of 3, which, along with the positive Earnings ESP, suggests a likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, Wendy's met the expected earnings of $0.25 per share, resulting in no surprise, and has only beaten consensus EPS estimates once in the last four quarters [12][13]. Industry Context - Restaurant Brands, a competitor in the same industry, is expected to report earnings of $0.79 per share for the same quarter, indicating a year-over-year change of +5.3%, with revenues projected at $2.29 billion, up 26% from the previous year [17]. - The consensus EPS estimate for Restaurant Brands has been revised down by 0.7% over the last 30 days, and it currently has a negative Earnings ESP of -2.56%, combined with a Zacks Rank of 4 (Sell), making it difficult to predict an earnings beat [18].

Core Point - The old Wendy's restaurant in Darien, IL, which closed in early December, is likely to be replaced by a new restaurant, although specific details are not yet disclosed [1] Company Developments - Wendy's is reportedly under contract for the location, indicating potential future operations at the site [1] - The new occupant is expected to be a restaurant, but it remains unclear whether it will be a fast food establishment or a more upscale dining option [1] Location Insights - The former Wendy's is situated at the southwest corner of Route 83 and Plainfield Road, in proximity to Hinsdale South High School, which may influence customer traffic and business potential [1]

DUBLIN, Ohio, Jan. 15, 2025 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) will release its fourth quarter and full year 2024 results and share its 2025 financial outlook before the market opens on Thursday, February 13.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 ...

Fans can unwrap Wendy's deals exclusively on the Wendy's app December 11-22DUBLIN, Ohio, Dec. 11, 2024 /PRNewswire/ --  Wendy’s “Bow-Go” Season is Bringing Fans 12 Days of BOGO Holiday In-App Deals! WHAT:'Tis the season to celebrate twelve days of Wendy's® BOGO deals – it's officially "Bow-GO" season! Beginning today, December 11, fans can "unwrap" Wendy's in-app gifts to discover twelve days of delicious deals for more than $50 in savings. Save on the most beloved Wendy's menu items of 2024 every sing ...

Wendy's $3 Frosty Key Tags return December 9, gifting fans a free Jr. Frosty with purchase through 2025 while supporting foster care adoptionDUBLIN, Ohio, Dec. 4, 2024 /PRNewswire/ --WHAT: The countdown is on, and the wait is nearly over! Wendy's® beloved Frosty® Key Tags are officially returning to restaurants and in-app on December 9. The $3 Frosty Key Tag offers fans free Jr. Frosty Treats with purchase all year long – an extra sweet deal at a great value. Wendy’s® $3 Frosty® Key Tags return to offer ...

Fans can turn up flavor and savings with exclusive deal in the Wendy's app ahead of Thanksgiving gatheringsDUBLIN, Ohio, Nov. 18, 2024 /PRNewswire/ -- As Temperatures Drop Wendy’s Spices Up Holiday Meals with $3.99 Spicy Chicken Sandwiches In-App Offer WHAT: The Queen of Spice just dropped a HOT deal. Now through December 29, Wendy's® fans can bring the heat to their tastebuds and not the family gathering with a $3.99 Spicy Chicken Sandwich deal, available every day with the offer exclusively in the We ...

Group 1 - Wendy's introduces a new seasonal Frosty flavor, Salted Caramel Frosty, starting November 12, 2024, to celebrate 55 years of the Frosty brand [1][2] - The Salted Caramel Frosty features a rich, salty caramel flavor and will be available for a limited time [1][4] - Wendy's is also launching two new fall menu items: the Mushroom Bacon Cheeseburger and a revamped Taco Salad, available alongside the Salted Caramel Frosty [3][4] Group 2 - The Mushroom Bacon Cheeseburger includes roasted mushrooms, crispy bacon, Muenster cheese, and creamy garlic spread on fresh beef [3][4] - The Taco Salad will feature a new creamy, zesty salsa dressing, fire-roasted corn, crispy tortilla strips, and Wendy's famous Chili [3][4] - Wendy's aims to provide comfort and joy through its fall menu items, appealing to customer cravings as temperatures drop [4]

Fast-food giant Wendy’s is shuttering 140 underperforming locations through the end of 2024 as it looks to improve its “restaurant footprint and overall system health.” To counter the closures, though, the Ohio-based company is working to replace many of these units with “new restaurants at better locations with significantly improved sales and profitability,” Wendy’s CEO Kirk Tanner told analysts on its third-quarter earnings call. The company thoroughly reviewed individual restaurants to ensure they meet ...

Wendy's says will close 140 "outdated" stores this year, leaving its growth count flat for 2024.The company said Thursday the move will set the chain up for faster expansion in the coming years.Wendy's is in the home stretch of a redesign that features new tech and drive-thru improvements. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your fa ...

The Wendy’s Company (WEN) reported third-quarter fiscal 2024 results, with earnings meeting the Zacks Consensus Estimate and revenues beating the same. On a year-over-year basis, the top line rose while the bottom line declined. Solid same-restaurant sales, strength in U.S. breakfast sales and digital sales momentum aided the company’s performance.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company continues to focus on industry-leading quality, innovation and value. WEN aim ...