The Wendy's Company (WEN)
Wendy's (WEN) Reports Next Week: Wall Street Expects Earnings Growth
Wendy's (WEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Closed Darien Eatery May Get New Occupant
DARIEN, IL – The old Darien Wendy's restaurant, which closed in early December, may get a new occupant, an official said Monday. "Wendy's is under contract," Dan Gombac, Darien's municipal services director, told the City Council. "When these bigger boys are out there, they don't disclose until the last minute what's coming in. But it sounds like it's going to be a restaurant of some type, whether it's fast food or white cloth." The old Wendy's is at the southwest corner of Route 83 and Plainfield Road, close to Hinsdale South High School. Asked about the old TFI Fridays building, Gombac said, "There's some rumbling going on." But he gave no details. TGI Fridays at 2201 75th St. closed its doors in December, a month after the chain filed for bankruptcy protection. The local restaurant was at Darien Towne Center, which includes Walmart. In December, Gombac told the council that both Wendy's and TGI Fridays were seeing a lack of sales.
Here's Why Investors Should Steer Clear of Wendy's Stock Now
The ongoing inflationary environment, rising labor costs and a decline in customer counts are weakening WEN's growth.
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Wendy's is closing another 140 'outdated' stores as it looks to build out new higher-tech locations
Wendy's says will close 140 "outdated" stores this year, leaving its growth count flat for 2024.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Wendy's is closing 140 ‘outdated' restaurants in 2024, but there's a silver lining for fans of the fast food chain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.
