Wendy's

The Wendy’s Co. engages in operating, developing, and franchising a system of quick-service restaurants. It offers hamburgers and related products, such as chicken breast sandwiches, nuggets, chili, and baked potatoes, French fries, freshly prepared salads, soft drinks, milk, coffee, frosty deserts, and kid’s meals. The company was founded by R. David Thomas on November 15, 1969 and is headquartered in Dublin, OH.

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Wendy's reports robust 2022 performance, eyes international expansion opportunities

Wendy's strong performance in 2022, driven by digital sales and breakfast success, positions the company for continued growth and profitability.
Challenges such as inflation and evolving consumer preferences require strategic responses to maintain competitiveness and drive operational efficiency.
Opportunities in international expansion, customer engagement, and pricing strategies offer avenues for sustained growth and market positioning for Wendy's.
Overall, Wendy's financial outlook is positive, with a focus on growth investments, operational enhancements, and maintaining market competitiveness.

Wendy's reports robust Q1 performance, reaffirms 2023 financial outlook

Wendy's strong Q1 performance showcased growth in sales, profitability, and digital business, with reaffirmed 2023 financial outlook.
The company's strengths include strategic pricing, digital growth, and successful value offerings, positioning well against competitors.
Challenges include breakfast business improvement, pricing strategy, labor reliance reduction, and reimaging goals.
Opportunities for Wendy's include product promotions, AI technology investments, profitability optimization, and forecasted sales and profit growth.

Wendy's reports robust Q2 sales growth and digital expansion

Wendy's Q2 2023 earnings call highlighted strong sales performance, operational improvements, and strategic growth initiatives. Challenges include driving breakfast business and managing pricing strategies amidst market dynamics. Opportunities exist in expanding breakfast offerings, leveraging AI, and enhancing digital sales growth.

Wendy's reports solid Q3 performance, eyes growth through digital and core products

Wendy's Q3 2023 showcased strong sales growth, margin expansion, and strategic focus on core products and digital initiatives.
While facing challenges in sales growth targets and competitive pressures, the company's loyalty program and app-driven promotions are driving customer engagement.
Opportunities in personalized marketing, late-night offerings, and breakfast promotions position Wendy's for continued growth and profitability.

Wendy's reports strong Q4 results, eyes global expansion opportunities

Wendy's Q4 performance was strong, driven by global sales growth and digital initiatives.
Focus on breakfast sales expansion, digital innovation, and AI technology for growth.
Challenges include competitive environment impact and balancing growth investments.
Opportunities lie in domestic and international market expansion and margin improvement.

Wendy's reports robust Q1 performance, eyes U.K. expansion for growth

Wendy's Q1 performance reflects a strong focus on customer experience, digital innovation, and global expansion. Challenges include competitive positioning and commodity outlook, while opportunities lie in expanding in the U.K. and leveraging digital platforms for growth.

Wendy's reports solid Q2 growth, eyes global expansion and digital innovation

Wendy's Q2 performance reflects a balanced growth strategy with a focus on digital sales, unit expansion, and core menu offerings. While facing challenges in same-restaurant sales, the company's strengths lie in its stable market position and international growth potential. Strategic opportunities include digital innovation and global expansion.

Wendy's reports robust Q3 sales growth and eyes international expansion

Wendy's delivered strong sales growth and outlined plans for future expansion and operational excellence in its Q3 2024 earnings call.
The company's focus on driving profitability through strategic initiatives and international expansion highlights its commitment to long-term success.
While facing challenges such as store closures and industry competition, Wendy's remains poised to capitalize on opportunities for growth and market leadership.
Investors can expect continued value creation through Wendy's financial discipline, dividend yield, and efforts to enhance shareholder returns.

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New Pumpkin Spice Frosty and Pumpkin Spice Frosty Cream Cold Brew will have the Nutmeg State fallin' in love beginning September 12 HARTFORD, Conn. , Sept. 6, 2023 /PRNewswire/ -- The rumors are true - Connecticut's foliage has competition this fall.

Wendy's Brings the Taste of Fall to Connecticut with New Seasonal Pumpkin Spice Frosty

New Pumpkin Spice Frosty will have Salt Lakers fallin' in love beginning September 12 SALT LAKE CITY , Sept. 6, 2023 /PRNewswire/ -- The rumors are true - it's fall Frosty® time.

Wendy's Brings the Taste of Fall to Salt Lake City with New Seasonal Pumpkin Spice Frosty

New Pumpkin Spice Frosty and Pumpkin Spice Frosty Cream Cold Brew will have fans fallin' in love beginning September 12 JOHNSON CITY, Tenn. , Sept. 6, 2023 /PRNewswire/ -- The rumors are true - it's fall Frosty® time.

Wendy's Brings the Taste of Fall to the Tri-Cities with New Seasonal Pumpkin Spice Frosty

New Pumpkin Spice Frosty and Pumpkin Spice Frosty Cream Cold Brew will have fans fallin' in love beginning September 12 DUBLIN, Ohio , Sept. 6, 2023 /PRNewswire/ -- The rumors are true - it's fall Frosty® time.

Wendy's Brings the Taste of Fall to Fans with New Seasonal Pumpkin Spice Frosty

Fans can make more family moments possible by purchasing a special edition Frosty Boo! Book, benefitting the Dave Thomas Foundation for Adoption DUBLIN, Ohio , Sept.

Have No Fear, Frosty Boo! Books are Here: Wendy's and DC Team Up to Support Foster Care Adoption

Wendy's (WEN) is benefiting from solid comps growth due to various strategic initiatives. However, the ongoing high-cost environment is hurting future prospects.

Wendy's (WEN) Banks on Solid Comps Growth Amid High Costs

McDonald's

Restaurant Brands

Burger King has rejected claims its flagship Whopper burgers appear larger on menus than in real life.

Burger King Faces Whopper Lawsuit As More Customers Challenge Fast Food Giants Over Portion Sizes—Including McDonald's, Wendy's

Mix and match two favorites for a craveable combo every morning DUBLIN, Ohio , Aug.

It's THAT Breakfast: Wendy's Brings Fans 2 for $3 Biggie Bundles for Breakfast

Shake Shack

Although inflation has come down from the 2022 peak, it is still high and continues to hurt our wallets. With a slight improvement in consumer spending, there is hope that inflation will continue to cool and we will see better days soon.

The 3 Most Undervalued Restaurant Stocks to Buy Now: August 2023

The game-changing cheesy bites will have fans leaving their boring order behind and making the transfer to Wendy's DUBLIN, Ohio , Aug. 22, 2023 /PRNewswire/ -- Wendy's® is throwing a flavor-packed touchdown into the hearts and taste buds of fans everywhere with its latest menu additions to the Made to Crave line-up – the Loaded Nacho Cheeseburger, Loaded Nacho Chicken Sandwich and Queso Fries. This winning combination of crunchy, cheesy goodness will have fans waving goodbye to their bland meals and transferring to Wendy's.

Total Flavor Touchdown: Wendy's New Loaded Nacho Sandwiches and Queso Fries Join the Made to Crave Menu

Chipotle

Papa John's

While most restaurant companies crushed earnings expectations, a number of them fell short of Wall Street's estimates for their quarterly revenue.

3 trends are dividing restaurant companies into winners and losers

Wendy's (WEN) focuses on the Global Next Gen Restaurant Design Standard to drive growth. The company opens two Global Next Gen restaurants in Kansas and Oklahoma.

Wendy's (WEN) Global Next Gen Restaurants Debut in the US

Created for the digital age, first Wendy's Global Next Gen restaurants open and new high-capacity kitchen design finalized DUBLIN, Ohio , Aug. 15, 2023 /PRNewswire/ -- The Wendy's Company announced today the opening of the first Global Next Gen restaurants, while also finalizing a new Global Next Gen High-Capacity Kitchen design option for the highest customer demand. Both digital-first designs were created to enhance customer, crew and franchisee experiences, accelerating growth across Wendy's® global restaurant footprint.

Wendy's Builds Upon Global Next Gen Restaurant Design with New Kitchen Innovation

Jack in the Box

Fast Food stocks have a trying time in 2023, and their shares are under pressure. The problem is not that the companies can't grow because they are or that they can't improve profitability because they are doing that too.

3 Sizzling Dividends That Are Going On Sale

To add to the egg-citement, enjoy $2 off* an English Muffin Breakfast Combo DUBLIN, Ohio , Aug. 14, 2023 /PRNewswire/ -- WHAT: Wake up and smell the English Muffins! On August 22, Wendy's® is coming in hot with two NEW English Muffin Sandwiches, complete with a one-of-a-kind savory buttery spread that marries a hint of brown butter sweetness with fresh black pepper.

Order Up! Wendy's Serves Up Savory New English Muffin Sandwiches Nationwide Beginning August 22

Wendy's (WEN) fiscal second-quarter performance reflects solid same-restaurant sales and strength in digital momentum.

Wendy's (WEN) Q2 Earnings Match Estimates, Revenues Lag

The Wendy's Company (NASDAQ:WEN ) Q2 2023 Earnings Conference Call August 9, 2023 8:30 AM ET Company Participants Kelsey Freed - Director of Investor Relations Todd Penegor - President and Chief Executive Officer Gunther Plosch - Chief Financial Officer Conference Call Participants Brian Bittner - Oppenheimer & Company Joshua Long - Stephens, Inc. Brian Harbour - Morgan Stanley Andrew Charles - TD Cowen Dennis Geiger - UBS Alexander Slagle - Jefferies Jeffrey Bernstein - Barclays Danilo Gargiulo - Bernstein Patrick Johnson - Stifel Jeff Farmer - Gordon Haier Gregory Francfort - Guggenheim Securities Fred Wightman - Wolfe Research Sara Senatore - Bank of America Brian Mullan - Piper Sandler James Sanderson - Northcoast Research Jake Bartlett - Truist Securities Peter Saleh - BTIG Operator Good morning. Welcome to The Wendy's Company Earnings Results Conference Call.

The Wendy's Company (WEN) Q2 2023 Earnings Call Transcript

The price action in Wendy's NASDAQ: WEN stock was mixed following the Q2 earnings release, but everything within the report, along with the dividend and stock valuation, suggests it's about to rocket higher.

High-Yield Wendy's Ready To Rally After Sizzling Quarter

World's largest franchise operator will lead efforts to hyperscale Wendy's® and grow the brand across the country DUBLIN, Ohio , Aug. 9, 2023 /PRNewswire/ -- The Wendy's Company has signed a new master franchise agreement with Flynn Restaurant Group to develop 200 Wendy's restaurants in Australia through 2034. Flynn Restaurant Group is the largest restaurant franchise operator in the world and will serve as the exclusive master franchisee in Australia.

The Wendy's Company and Flynn Restaurant Group Announce New Master Franchise Agreement for Australia

Wendy's (WEN) came out with quarterly earnings of $0.28 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.24 per share a year ago.

Wendy's (WEN) Q2 Earnings Match Estimates

US burger chain The Wendy's Company has reported stable growth across all metrics in today's second-quarter earnings call. For the second quarter of 2023, Ohio-headquartered Wendy's reported revenues of US$540.2 million, marking a 17.4% increase from the US$460.3 million recorded in the second quarter of 2022.

Wendy's reports consistent growth in second quarter

Shares of Wendy's Co. WEN, -0.46% slipped 0.2% in premarket trading Wednesday, after the fast-food burger chain reported second-quarter profit that topped expectations but revenue that came up shy, while affirming the full-year outlook. Net income rose to $59.6 million, or 28 cents a share, from $48.2 million, or 22 cents a share, in the year-ago period.

Wendy's tops profit expectations but misses on revenue, as U.S. sales growth comes up shy

DUBLIN, Ohio , Aug. 9, 2023 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) today reported unaudited results for the second quarter ended July 2, 2023. "I am proud of the entire Wendy's® system for delivering another quarter of meaningful sales and profit growth alongside sustained progress against our strategic growth pillars," President and Chief Executive Officer Todd Penegor said.

THE WENDY'S COMPANY REPORTS SECOND QUARTER 2023 RESULTS

Wendy's is scheduled to serve up its second-quarter earnings before the opening bell Wednesday when investors will be watching for clues to the health of the fast food sector.  Wall Street projects revenue of $566.95 million and earnings of $0.27 per share, compared to $537.78 million and $0.23 per share a year earlier, respectively.

Wendy's looks to extend its streak of earnings beats on Wednesday

Oracle

The popular restaurant chain adopts Oracle Cloud to eliminate manual business processes and enhance the customer experience AUSTIN, Texas , Aug. 2, 2023 /PRNewswire/ -- Wendy's, the second-largest quick-service hamburger chain in the U.S., has implemented Oracle Fusion Cloud Applications Suite and moved business-critical workloads to Oracle Cloud Infrastructure (OCI) to increase productivity, expand business insights, and improve the experience it delivers to its growing customer base. The company's vision is to become the world's most thriving and beloved restaurant brand.

News for Wendy's Stock (WEN)