WEN - The Wendy's Company
Fast food giant Wendy's faced a fresh wave of permanent store closures on Friday for the second weekend in a row as one of its biggest franchisees scrambled to restructure operations in the aftermath of a Chapter 11 bankruptcy filing.
The Wendy's Company (NASDAQ: WEN - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Monday. The company traded as low as $5.95 and last traded at $6.0080, with a volume of 795671 shares changing hands. The stock had previously closed at $6.12. Wall Street Analyst Weigh In A number of
A high yield on a restaurant stock can mean a bargain or a trap, and the difference comes down to numbers most investors never check before buying.
I tried the signature burgers from three fast-food chains: McDonald's, Wendy's, and Burger King. I thought McDonald's Big Mac was underwhelming and needed more sauce.
E.l.f. Beauty released an album titled "Mirror Mix" as the brand looks to increase its marketing spend for the rest of the year. Gap and Wendy's also announced ventures into music in recent weeks, part of a wave of retailers finding new ways to engage customers.
Buyout sponsors hunt for cash flow, equity discounts, and operational levers that management left on the table.
Wendy's stock has declined by over 71% in the past five years. Bob Wright, who led a turnaround at Potbelly's, took over as CEO in late May.
A sprawling Wendy's franchisee that sought Chapter 11 bankruptcy protection earlier this month could close as many as 30 restaurants over the next few weeks as part of a cash collateral agreement, new court filings reveal.
Wendy's (NASDAQ: WEN - Get Free Report) and Carnival (NYSE: CCL - Get Free Report) are both consumer discretionary companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, profitability, dividends, earnings, valuation, institutional ownership and risk. Institutional and Insider Ownership 86.0% of Wendy's shares are
McDonald's (NYSE:MCD | MCD Price Prediction) shares are falling sharply in Wednesday morning trading after the company detailed a multi-year strategy at its Investor Day, headlined by an $8.5 billion franchisee support commitment that runs through 2036.
Wendy's Co. (NASDAQ:WEN) shares are edging higher Monday, even though the stock just hit a fresh multi-year low following a string of escalating bad news over the past several weeks.
Wendy's remains a hold as competitive pressures, shrinking sales, and high debt overshadow its low valuation. International expansion ambitions appear overly optimistic given entrenched competition and unfavorable macroeconomic trends in target markets. WEN's fundamentals lag peers: net income margin at 5.72%, YOY revenue down 1%, and global sales shrinking 6.5%.
Shares of The Wendy's Company (NASDAQ: WEN - Get Free Report) have been assigned a consensus rating of "Reduce" from the twenty-one research firms that are currently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to
Restaurants are struggling with higher prices for ingredients and labor, as well as the wellness trend the need for innovation:
Meritage Hospitality Group has been a top Wendy's operator for years. This compounds the struggles the restaurant company has faced for some time.
Despite being the third-largest fast-food hamburger chain in the world and the second-largest in the U.S. after McDonald's, Wendy's has struggled lately with declining sales and a shrinking store footprint.
One of Wendy's largest franchisees has filed for Chapter 11 bankruptcy protections as it struggles to win over customers – falling behind in the burger battle against McDonald's and Burger King.
Wendy's (WEN) is facing another sign of stress across its U.S. restaurant system after one of its largest franchise operators filed for Chapter 11 bankruptcy pr
Wendy's Co. (NASDAQ:WEN) shares are trading lower Friday. Meritage Hospitality, one of the company's largest U.S. franchisees, filed for Chapter 11 bankruptcy protection Thursday.
One of Wendy's biggest U.S. franchisees, Meritage Hospitality Group, filed for Chapter 11 bankruptcy protection. For six straight quarters, Wendy's has reported same-store sales declines.