Here's Why You Should Retain WEN Stock in Your Portfolio Now
Wendy's growth initiatives and digital transformation efforts underscore its long-term potential. However, high labor costs are a concern.
Wendy's to close 140 restaurants by the end of the year
Wendy's is shuttering 140 restaurants as it looks to improve its "restaurant footprint and overall system health."
Wendy's is closing another 140 'outdated' stores as it looks to build out new higher-tech locations
Wendy's says will close 140 "outdated" stores this year, leaving its growth count flat for 2024.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Wendy's is closing 140 ‘outdated' restaurants in 2024, but there's a silver lining for fans of the fast food chain
If you're a fan of Wendy's, the company announced some bad news when reporting its third-quarter 2024 financial results yesterday: The burger chain will close around 140 stores by the end of the year. However, there's a silver lining of sorts to these closures, too.
Wendy's Q3 Earnings Match Estimates, Revenues Up Year Over Year
WEN's third-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) Q3 2024 Earnings Call Transcript
The Wendy's Company (NASDAQ:WEN ) Q3 2024 Earnings Call Transcript October 31, 2024 6:00 PM ET Company Participants Aaron Broholm - Head of Investor Relations Kirk Tanner - President and Chief Executive Officer Gunther Plosch - Chief Financial Officer Conference Call Participants David Palmer - Evercore ISI Dennis Geiger - UBS Danilo Gargiulo - Bernstein John Ivankoe - J.P. Morgan Jeffrey Bernstein - Barclays Brian Mullan - Piper Sandler Chris O'Cull - Stifel Lauren Silberman - Deutsche Bank Brian Harbour - Morgan Stanley Jon Tower - Citi Jim Salera - Stephens Sara Senatore - Bank of America Andrew Charles - TD Cowen Gregory Francfort - Guggenheim Jake Bartlett - Truist Securities Peter Saleh - BTIG Christine Cho - Goldman Sachs Alex Slagle - Jefferies Jim Sanderson - Northcoast Research Logan Reich - RBC Operator Good morning.
Wendy's (WEN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Wendy's (WEN) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Wendy's stock falls as same-restaurant sales miss again, by a wide margin
Shares of Wendy's Co. were knocked lower on Thursday after the fast-food burger chain missed same-restaurant sales expectations again, by the widest margin in more than four years.
Wendy's (WEN) Q3 Earnings Match Estimates
Wendy's (WEN) came out with quarterly earnings of $0.25 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.27 per share a year ago.
Analysts Estimate Wendy's (WEN) to Report a Decline in Earnings: What to Look Out for
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: Still Top Of Mind When We Talk About Value In QSRs
QSRs face declining value perceptions and stagnant average check growth, with Wendy's standing out as a value leader due to its consistent value proposition and promotions. Wendy's maintains stable comparable sales and strong breakfast offerings, positioning it as a viable option amid rising competition from casual dining and c-stores. Despite market challenges, Wendy's is recommended as a 'Buy' due to its high payout ratio, international expansion, and strong value perception among guests.
WEN Stock Down 15% in a Year: Still Worth it? Buy, Sell or Hold?
Wendy's focus on menu innovation, technology upgrades, and international expansion positions it to capitalize on favorable industry trends.
