Wendy's (WEN) Banks on Unit Expansion, Hurt by High Costs
Wendy’s(WEN) ZACKS·2024-06-11 15:06
The Wendy's Company (WEN) is poised to benefit from unit expansion, digital efforts and Breakfast daypart offerings. Also, the emphasis on menu innovation initiatives bodes well. However, high labor costs are a concern.Let us discuss the factors that highlight why investors should retain the stock for the time being.Growth CatalystsWendy’s maintains a steadfast commitment to its global expansion. It foresees significant potential for growth in the United States and internationally. The company expects a uni ...