Wendy’s(WEN)
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Wendy’s(WEN) - 2024 Q2 - Earnings Call Transcript
2024-08-01 16:55
The Wendy's Company (NASDAQ:WEN) Q2 2024 Results Conference Call August 1, 2024 8:30 AM ET Company Participants Kelsey Freed - Director of Investor Relations Kirk Tanner - President and Chief Executive Officer Gunther Plosch - Chief Financial Officer Conference Call Participants Jeffrey Bernstein - Barclays Brian Bittner - Oppenheimer John Ivankoe - JPMorgan Alex Slagle - Jefferies Eric Gonzalez - KeyBanc Jared Hludzinski - BMO Capital Markets Dennis Geiger - UBS Danilo Gargiulo - Bernstein Jon Tower - Citi ...
Wendy's (WEN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-01 15:36
Wendy's (WEN) reported $570.73 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 1.6%. EPS of $0.27 for the same period compares to $0.28 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $577.28 million, representing a surprise of -1.14%. The company delivered an EPS surprise of -3.57%, with the consensus EPS estimate being $0.28.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...
Jobless Claims, Productivity Higher; TM, WEN, CROX Report
ZACKS· 2024-08-01 15:36
Thursday, August 1st, 2024We have a big morning of market data, so we’d best get to it. Initial Jobless Claims came in at their highest levels in almost a year, to 249K — well above the 235K anticipated, which was also the unrevised total for the previous week. This is more evidence of a weakening labor market: we were at 209K new claims back in late April. Continuing Claims reached their highest levels since November 2021 at 1.877 million — above the 1.844 million in the previous week’s revision.Q2 Product ...
Wendy's (WEN) Q2 Earnings and Revenues Miss Estimates
ZACKS· 2024-08-01 13:11
Wendy's (WEN) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.57%. A quarter ago, it was expected that this hamburger chain would post earnings of $0.21 per share when it actually produced earnings of $0.23, delivering a surprise of 9.52%.Over the last four quarters, the company ha ...
Wendy’s(WEN) - 2025 Q2 - Quarterly Report
2024-08-01 11:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to _______________ One Dave Thomas Blvd. Dublin, Ohio 43017 (Address of principal executive offices) (Zip Code) Commission file number: 1-2207 THE WENDY'S ...
Wendy’s(WEN) - 2025 Q2 - Quarterly Results
2024-08-01 11:08
Exhibit 99.1 THE WENDY'S COMPANY REPORTS SECOND QUARTER 2024 RESULTS Dublin, Ohio (August 1, 2024) - The Wendy's Company (Nasdaq: WEN) today reported unaudited results for the second quarter ended June 30, 2024. "Our restaurants across the globe continued to deliver same-restaurant sales growth, holding steady with the QSR burger category in the second quarter," President and Chief Executive Officer Kirk Tanner said. "Our industry leading quality, exciting innovation, and compelling value will remain in foc ...
THE WENDY'S COMPANY REPORTS SECOND QUARTER 2024 RESULTS
Prnewswire· 2024-08-01 11:00
Dublin, Ohio, Aug. 1, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ: WEN) today reported unaudited results for the second quarter ended June 30, 2024."Our restaurants across the globe continued to deliver same-restaurant sales growth, holding steady with the QSR burger category in the second quarter," President and Chief Executive Officer Kirk Tanner said. "Our industry leading quality, exciting innovation, and compelling value will remain in focus as we continue to execute our customer first approach an ...
Wendy's (WEN) to Announce Q2 Earnings: What's in Store?
ZACKS· 2024-07-30 16:25
The Wendy's Company (WEN) is scheduled to report second-quarter 2024 results on Aug 1, 2024, before the opening bell. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 9.5%.How are Estimates Placed?For the quarter to be reported, the Zacks Consensus Estimate for earnings per share has remained unchanged at 28 cents in the past 30 days. The estimated figure is in line with earnings reported in the year-ago quarter. For revenues, the consensus mark is pegged at $57 ...
Wendy's (WEN) Reports Next Week: What You Should Expect
ZACKS· 2024-07-25 15:08
The market expects Wendy's (WEN) to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on August 1, 2024, might help the stock move higher if these key numbers ar ...
Move Over Monday Morning and Meet Your New Breakfast Bestie
Prnewswire· 2024-07-22 13:00
Honey Buddy is Wendy's beloved Honey Butter Chicken Biscuit with a fresh new deal, exclusively in the Wendy's app*DUBLIN, Ohio, July 22, 2024 /PRNewswire/ --WHAT:Monday mornings are the unhappiest time of the week, so Wendy's® is waking fans up with a breakfast deal to sweeten the A.M. Fans can score a Honey Buddy for just $1 with any purchase* with the offer in the Wendy's app during breakfast hours, every week through September 30 to beat Monday "Unhappy Hour." What's a Honey Buddy? Your new breakfast bes ...