The Wendy’s Company (NASDAQ:WEN) marked $18.76 per share on Thursday, down from a previous closing price of $19.30. While The Wendy’s Company has underperformed by -2.80%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, WEN fell by -14.22%, with highs and lows ranging from $24.48 to […]
Wendy''s Company (The) found using ticker (WEN) have now 24 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 29 and 19 and has a mean target at 23.33. With the stocks previous close at 19.14 this would indicate that there is a potential upside of 21.9%. The 50 day moving average now sits at 20.35 and the 200 day MA is 20.77. The market capitalisation for the company is $4,058m. Company Website: https://www.wendys.com [stock_market_widget type="chart" template="basic" color="green" assets="WEN" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,947m based on the market concensus. The Wendy''s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy''s U.S., Wendy''s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches.
Trian Partners was founded in 2005 by activist investor Nelson Peltz , who has a history of buying up shares, securing board seats and orchestrating M&A deals. With $8.5 billion in assets under management, Trian Partners owns 11% of The Wendy’s Company (NASDAQ: WEN ), where Peltz is the non-executive chairman, as well as Sysco (NYSE: SYY ) and The Madison Square Garden Entertainment Corp (NYSE: MSGE ). Peltz was also a director at H.J. Heinz Company until 2013, when Warren Buffett''s Berkshire Hathaway (NYSE: BRK-A ) and 3G Capital Management purchased it for roughly $28 billion. The company then turned into Kraft Heinz (NASDAQ: KHC ). Read on to learn more about three dividend stocks — Trian''s most held positions. Also Read: Chamath Palihapitiya Liquidating 2 SPACs - Are Dreams Of Creating The Next … Full story available on Benzinga.com
Wendy''s released its Q2 results last month, reporting better than expected sales performance. Read why WEN stock is an avoid despite the performance.
Wendy''s new menu item includes a little sugar, spice and bacon.
Starbucks just announced a new addition to its rewards program using web3 and blockchain technology called Starbucks Odyssey. Members will be eligible for NFT prizes and a trip to Starbucks'' coffee farm in Costa Rica. Fans can sign up for the Starbucks Odyssey waitlist now. Starbucks just announced big additions to its rewards program, including digital experiences and a trip to Costa Rica. The new program, which was teased by outgoing CEO Howard Schultz in an August earnings call, is called Starbucks Odyssey and gives customers and employees access to "new benefits and immersive coffee experiences" using web3 technology, Starbucks said in a press release. The coffee chain describes Odyssey as an extension of its already-existing rewards program, which members can reach using their accounts. In Starbucks Odyssey, members can play games and engage in online challenges to learn more about coffee. Completing different aspects will be rewarded with "journey stamps," which also function as NFTs.
No swiping necessary as Wendy''s Breakfast Matching Game serves up a daily dose of fun, morning offers DUBLIN, Ohio, Sept. 13, 2022 /PRNewswire/ -- WHAT: Need a reason NOT to hit the snooze button each morning? Wendy''s® breakfast isn''t boring and neither are our games. The new Wendy''s…
No swiping necessary as Wendy''s Breakfast Matching Game serves up a daily dose of fun, morning offers DUBLIN, Ohio, Sept. 13, 2022 /PRNewswire/ -- WHAT: Need a reason NOT to hit the snooze button each morning? Wendy''s® breakfast isn''t boring and neither are our games. The new Wendy''s…
Burger King plans to invest USD 400 million in its US restaurants over the next two years to update its stores and boost flagging sales. The burger chain said on Friday the investment includes USD 250 million to revamp stores and update technology and kitchen equipment and USD 120 million for heavier advertising. Burger King also plans to spend USD 30 million upgrading its app to offer smoother ordering and personalized deals. The moves come after several years of disappointing sales at Burger King''s 7,058 US stores. In 2019, Burger King''s same-store sales or sales at stores open at least a year rose less than 2 per cent. By comparison, market leader McDonald''s US same-store sales were up 5 per cent. Burger King''s US sales plunged during the pandemic, then recovered in 2021, rising 5 per cent. But that was still slower growth than McDonald''s, which saw US same-store sales jump 14 per cent in 2021. Wendy''s overtook Burger King as the No. 2 US fast food chain by sales in 2020 and
Wendy''s is going all in on college football season in a campaign whose goal is to highlight the limited reintroduction of the Pretzel Pub Bacon Cheeseburger. The brand enlisted former college football star (and current NCAA commentator) Reggie Bush to lead the play for the temporary menu item. Wendy''s debuted the specifically descriptive, if awkwardly…
Room for Improvement: Green America Gives "D" Grades to McDonald''s, 7-Eleven, Burger King, Claire''s, Rite Aid, Safeway, Family Store, Panda Express and Wendy''s. Green America released a new update to its Skip the Slip report on the impacts of paper receipts on forests and climate change, as well as how the chemicals used on receipt paper affect consumer and employee health. The report also features a scorecard that grades 33 major U.S. companies on their progress to address the waste and health risks associated with paper receipts. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220907005907/en/ A major finding of the report is the progress CVS is making to address the impacts of its receipts. In 2017, Green America began urging CVS to address its wasteful, phenol-coated (BPA or BPS) paper receipts. The campaign led to a dialogue between Green America and CVS on alternatives. As a first step, the company implemented BPS-free paper in all 10,000 stores and increased promotion of its digital receipt option to ExtraCare Card members, and 7.3 million customers have signed up.
The fast-food giant has never been afraid to take popular choices off the menu.
Lawsuits against Wendy''s are mounting as an E. coli outbreak continues to spread. Irene Jiang/Insider, Paul Weaver/SOPA Images/LightRocket via Getty Images People are filing…
The CDC is yet to confirm the source of the outbreak, but has linked it with romaine lettuce in Wendy''s burgers.
Though the CDC said the specific source of the outbreak hasn''t been confirmed, many of the people who got sick reported eating sandwiches with romaine lettuce at the fast food chain.
If you''re worried about increasing food costs, this Wendy''s menu change will be welcome news.
The Wendy''s Company flourishes with its sustained revenue growth and margin expansion. Read more to find out if it''s a good time to buy WEN stock.
Pune, India, Aug. 30, 2022 (GLOBE NEWSWIRE) -- The global food service market size crossed USD 2,323.29 billion in 2021 . The market value is projected to rise from USD 2,540.05 billion in 2022 to USD 5,194.60 billion by 2029 at a CAGR of 10.76% during 2022-2029. Growth can be attributed to the rising disposable incomes of consumers, evolving lifestyles of consumers, particularly millennials, and the rising number of cafes, restaurants, and fast-food chains. Growing spending on non-homemade foods and a rise in online food deliveries will augment the market growth during the forecast period. Get a Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/food-service-market-106277 Companies Profiled in the Market Report McDonald''s (U.S.) Starbucks (U.S.) Yum! Brands, Inc. (U.S.) Darden Restaurants, Inc. (U.S.) Restaurant Brands International Inc. (Canada) The Wendy''s Company (U.S.) Bloomin'' Brands, Inc. (U.S.) Papa John''s International, Inc. (U.S.) Chipotle Mexican Grill, Inc. (U.S.) Domino''s (U.S.) COVID-19 Impact : Market Experienced 31.5% Decline due to Lockdowns and Travel Restrictions The food service market in North America, Europe, and Asia Pacific witnessed a major decline during the COVID-19 pandemic as hotels, restaurants, cafes, and fast-food joints were shut down.
Wendy''s mascot is known for her red pigtails, but the Canadian branch has changed her hair to gray. The tweet is a response to a Canadian journalist who said her contract ended after keeping her hair gray. Wendy''s Canada shared the new mascot saying, "Because a star is a star regardless of hair colour." The iconic red-headed mascot of fast-food chain Wendy''s is sporting gray hair now on the company''s Canadian social media sites in support of a TV journalist who lost her job after allowing her hair to go gray. Last week, the Wendy''s Canada Twitter account shared a photo of its mascot with gray hair , and updated its profile picture with the photo. —Wendy''s (@WendysCanada) August 25, 2022 The tweet says, "Because a star is a star regardless of hair colour," with star emojis. The caption is followed by the hashtags #LisaLaFlamme and #NewProfilePic. Over 46,600 users have liked the tweet. The tweet is in support of Canadian TV journalist, Lisa LaFlamme, who worked at Bell Media, one of Canada''s leading media companies , for over 30 years.
Wedbush Securities keeps Wendy''s Company (WEN) slotted as one of the firm''s top picks in the consumer sector after feedback from across the the restaurant chain''s system. Read more.
The Wendy''s mascot has a new hairdo on its Canadian social media sites -- all in support of one of the nation''s veteran journalists.
NEW YORK - Stocks that traded heavily or had substantial price changes Monday: Signify Health Inc., up $6.80 to $28. Amazon is reportedly considering placing a bid on the…
Stocks that traded heavily or had substantial price changes Monday: Wendy’s, Cinemark fall; Signify, Kroger rise
Stocks that traded heavily or had substantial price changes Monday: Wendy’s, Cinemark fall; Signify, Kroger rise.
Romaine on Wendy''s sandwiches is likely to be the cause of an E. coli outbreak in the Midwest. The CDC reported that 37 people were sickened, and they are currently investigating. Wendy''s has pulled romaine from its Ohio, Michigan, and Pennsylvania restaurants. An E. coli outbreak in the Midwest has sickened an estimated 37 people, many of which ate at a Wendy''s restaurant before their symptoms emerged, The Centers for Disease Control and Prevention said Friday. According to the CDC, while "a specific food has not yet been confirmed as the source," several of the E. coli patients reported eating sandwiches containing romaine lettuce at Wendy''s locations in Michigan, Ohio, and Pennsylvania. Investigators are working to definitively determine the source of the outbreak, and Wendy''s is fully complying with the inspection, the CDC said in a statement . Wendy''s did not immediately respond to Insider''s request to comment, but the CDC reported the restaurant is removing romaine from its Midwestern locations.
COLUMBUS, Ohio (AP) — The fast-food chain Wendy’s says it is pulling lettuce from sandwiches in its restaurants in Michigan, Ohio and Pennsylvania after people eating them there reported falling ill. The Centers for Disease Control and Prevention said Friday it is trying to determine whether romaine lettuce is the source of an E. coli outbreak that has sickened at least 37 people and whether romaine used at Wendy’s was also served or sold at other businesses. The CDC said one person was also sickened in Indiana. A message was left with Wendy''s about lettuce on sandwiches in that state. The CDC said there is no evidence that romaine sold in grocery stores is linked to the E. coli outbreak. The agency also said it is not advising people to stop eating at Wendy’s or not to eat romaine lettuce. Wendy’s says lettuce used in its salads is different and not affected by its decision to pull the lettuce from sandwiches. The company said it is cooperating with the CDC. “As a company, we are committed to upholding our high standards of food safety and quality,” Wendy''s said in a statement.
The outbreak has not been definitively linked to the fast food chain''s lettuce, though many of those who fell ill said they ate there before they got sick, the CDC said.
The Wendy''s employee is being charged with second degree murder after altercation with customer on July 26.
The Wendy''s employee viciously punched the man after he complained about food. The 67-year-old was airlifted to a hospital but could not survive.
Restaurants are moving to adapt to customers with very different wants and desires.
Optimizations enhance the digital-forward customer experience, designed to deliver greater convenience, speed and accuracy today and into the future DUBLIN, Ohio, Aug. 17, 2022 /PRNewswire/ -- The Wendy''s Company announced today a new global restaurant design standard, Global Next Gen,…
An Arizona man has died following a brutal assault inflicted upon him by an employee at a Wendy’s fast-food restaurant. On July 26, 35-year-old Antoine Kendrick struck a 67-year-old customer […] The post Wendy''s Worker Charged with Murder After Brutal Attack on 67-Year-Old Customer appeared first on The Western Journal .
A Wendy''s employee faces second-degree murder charges after allegedly punching a customer in Arizona last month.
Oppenheimer decreased their Q3 2022 earnings per share (EPS) estimates for shares of Wendy’s in a research note issued to investors on Wednesday, August 10th. Oppenheimer analyst B. Bittner now … Read Full Story at source (may require registration) The post Equities Analysts Offer Predictions for The Wendy’s Company’s Q3 2022 Earnings (NASDAQ:WEN) appeared first on ForexTV .
Friday’s top analyst upgrades and downgrades included Analog Devices, Chevron, Fisker, Healthcare Realty Trust, Paysafe, Tempur Sealy, Upstart, Walt Disney, Welltower, Wendy''s and XP.
Wendys (NASDAQ: WEN) Q2 2022 earnings call dated Aug. 10, 2022
Wendys (NASDAQ: WEN) Q2 2022 earnings call dated Aug. 10, 2022 Corporate Participants: Kelsey Freed — Director of Investor Relations Todd A. Penegor — President and Chief Executive Officer, Director Gunther Plosch — Chief Financial Officer […] The post Wendys (WEN) Q2 2022 Earnings Call Transcript first appeared on AlphaStreet .
https://www.investing.com/news/pro/wendys-pt-lowered-to-21-at-rbc-capital-432SI-2870009
WEN earnings call for the period ending June 30, 2022.
The following slide deck was published by The Wendy''s Company in conjunction with their 2022 Q2 earnings call.
The Wendy''s Company (NASDAQ:NASDAQ:WEN) Q2 2022 Earnings Conference Call August 10, 2022 08:30 ET Company Participants Kelsey Freed - Director, Investor Relations Todd Penegor - President…
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Wendy''s (WEN) is scheduled to announce Q2 earnings results on Wednesday, August 10th, before market open.The consensus EPS Estimate is $0.22 (-18.5% Y/Y) and the consensus Revenue…
Wendy''s is adding a new menu item that includes some back-to-school nostalgia.
Wendy''s new item is certainly an AM favorite.
We are born with certain inalienable rights: Life, liberty, the pursuit of happiness, blah blah blah. One thing that should be added to the list? The right to dip nuggets while in the car without making a mess. Now there’s no reason to sacrifice the sauce thanks to the Saucemoto Dip Clip, a brilliant doodad with a universal mount that clips to your car’s air vents. And you can grab two for $12 (was $13) over at Amazon right now. Talk about kicking that summer road trip into high gear! Big sauces can go in “landscape mode,” small ones in “portrait mode,” and circle ones simply nestle inside. The makers of the best invention ever didn’t mess around. Wanting to make sure your sauce stayed secure even on bumpy rides, they painstakingly researched and tested to accommodate the four most common sizes and shapes of sauces from McDonald''s, Burger King, Chick-fil-A, Wendy''s, KFC, Dairy Queen, Jack in the Box, Arby''s, Popeye''s, Sonic, Carl''s Jr., Hardee''s and Heinz. And the mount that attaches to your vent uses 25 percent thicker metal usually found on vent mounts for a super-secure fit.
In trading on Thursday, shares of Wendy''s Co (Symbol: WEN) crossed above their 200 day moving average of $21.11, changing hands as high as $21.22 per share. Wendy''s Co shares are currently trading up about 2.5% on the day. The chart below shows the one year performance of WEN
A mural shows three "emo" renditions of the famous Wendy''s logo. the public voted and the face on the right, with the edgy black highlights, was the favorite. Wendy''s UK Wendy''s revealed a new "emo" version of its iconic logo at its recently opened Camden location in London. The logo shows an edgier, punk version of the classic pig-tailed, freckle-faced Wendy. Wendy''s made its debut in the UK earlier this year as it eyes ongoing global expansion. The famous Wendy''s logo looks a bit edgier than usual at the fast-food chain''s newest UK location. Photos emerged earlier this week of signage bearing an "emo" version of the iconic pig-tailed, freckle-faced redhead outside a Wendy''s restaurant in London''s hip Camden neighborhood. Wendy''s UK first teased the new logo in an Instagram post shared on June 16, showing a street artist painting a mural of three renditions of a punk Wendy — one with a spiked hair-do, one with a partially shaved head, and another with side-swept black highlights. All featured the classic red hair, freckles, and blue-and-white collar, designed in the image of Wendy''s founder Dave Thomas''s eponymous daughter .
Black Rifle Coffee Company (NYSE: BRCC ), a niche coffee company that appeals to right-wing consumers, is making waves after naming former Office Depot (NASDAQ: ODP ) and Wendy’s (NASDAQ: WEN ) CEO Roland Smith as Executive Chairman. BRCC stock jumped in response to the news. Smith will be working to open new brick-and-mortar locations and boost direct sales for businesses. The Black Rifle Coffee Company has been around since February and is now beginning to find its feet in the coffee industry. The volatility of its stock prices is not all that surprising, but the quality of coffee made is. The company is growing rapidly, hence generating substantial interest. There’s been a lot of interest in this company, which is a good sign for your investment. It is good to be patient and wait. Depending on the company, it’ll take a little longer before you see any substantial results. In February, the company went public after a reverse merger. The shares were priced at $10 and shot up by 242% to $34 per stock.
A McDonald''s and Dairy Queen in Marshfield, Missouri, have started a sign war with each other. The DQ said it was a "shocker" the McDonald''s ice cream machine worked, and the McD''s called the rival "salty like our world famous fries." Other local businesses, including a Wendy''s, a Mexican restaurant, and a fruit stand, have joined in too. There''s some beef between a McDonald''s and a Dairy Queen in Marshfield, Missouri, and it''s not just in their burgers. The local fast food joints have been trading barbs with the help of their giant restaurant signs. It all began when the McDonald''s location used its sign to say, "Hey DQ! Wanna have a sign war?" Foto: Courtesy of Marshfield Area Chamber of Commerce The Dairy Queen responded, "We wld but we''re 2 busy makin ice cream." Foto: Courtesy of Marshfield Area Chamber of Commerce McDonald''s clapped back, "That''s cute. Our ice cream makes itself." Foto: Courtesy of Marshfield Area Chamber of Commerce DQ took a jab at McDonald''s ice cream machines, infamous for often being broken, replying, "You mean it actually works, shocker." Foto: Courtesy of Marshfield Area Chamber of Commerce In turn, McDonald''s followed with, "Wow, salty like our world famous fries." Foto: Courtesy of Marshfield Area Chamber of Commerce DQ delivered another zinger, taking aim at the McDonald''s mascot: Foto: Courtesy of Marshfield Area Chamber of Commerce The store also went after McDonald''s for its beef: Foto: Courtesy of Marshfield Area Chamber of Commerce But the McDonald''s and Dairy Queen aren''t the only Marshfield businesses jokingly going after each other.