Wendy's (WEN) Q2 Earnings and Revenues Lag Estimates
Wendy's (WEN) second-quarter fiscal 2024 results benefit from solid same-restaurant sales, strength in U.S. breakfast sales and digital sales momentum.
The Wendy's Company (WEN) Q2 2024 Earnings Call Transcript
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 Gregory Francfort - Guggenheim Partners Brian Mullan - Piper Sandler Lauren Silberman - Deutsche Bank Brian Harbour - Morgan Stanley David Palmer - Evercore ISI Sara Senatore - Bank of America Tyler Klaus - Stephens Operator Good morning. Welcome to the Wendy's Company Earnings Results Conference Call.
Wendy's (WEN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Wendy's (WEN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Jobless Claims, Productivity Higher; TM, WEN, CROX Report
Initial Jobless Claims came in at their highest levels in almost a year, to 249K -- well above the 235K anticipated.
Wendy's (WEN) Q2 Earnings and Revenues Miss Estimates
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.
Wendy's stock bolstered as sales guidance offsets Q2 revenue miss
Wendy's Inc. ‘s stock WEN rose 1.4% early Thursday, after the fast-food company's second-quarter sales miss was offset by better-than-expected sales guidance. The Dublin, Ohio-based company had net income of $59.6 million, or 28 cents a share, for the quarter, up from $54.6 million, or 27 cents a share, in the year-earlier period.
Wendy's (WEN) to Announce Q2 Earnings: What's in Store?
Wendy's (WEN) second-quarter 2024 performance is likely to reflect a gain from robust same-restaurant sales, menu innovation initiatives and international expansion.
Wendy's (WEN) Reports Next Week: What You Should Expect
Wendy's (WEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Wendy's Offers A Nice Yield - But They Can't Sustain It
Fast food sales are declining as consumers become more price sensitive, leading companies to offer bargain meals to attract customers. Wendy's is a major player in the American fast food market with a nearly 6% dividend yield, but its high debt and slow growth raise concerns. The company's high payout ratio and financial situation may not support the current dividend yield, making it a risky investment.
Wendy's (WEN) Expands in Europe With New Franchise Agreements
Wendy's (WEN) focuses on the Europe market to drive growth. It reveals new development franchise agreements in the Republic of Ireland and Romania.
Wendy's signs new franchisees in Ireland and Romania with plan to open hundreds of restaurants in Europe
Wendy's Co. WEN, -2.64% said Tuesday it has signed development agreements with franchisees in Ireland and Romania as part of plans to open hundreds of restaurants across Europe in the next decade. The fast-food company said it's actively recruiting franchisee candidates in European markets with local expertise and a proven track record.
Here's Why Wendy's (WEN) is a Strong Growth Stock
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