The Wendy's Company (WEN)

NASDAQ: WEN · IEX Real-Time Price · USD
18.42
-0.21 (-1.13%)
At close: May 15, 2024, 4:00 PM
18.55
+0.13 (0.71%)
After-hours: May 15, 2024, 7:07 PM EDT
-1.13%
Market Cap 3.78B
Revenue (ttm) 2.19B
Net Income (ttm) 206.61M
Shares Out 205.13M
EPS (ttm) 0.99
PE Ratio 18.61
Forward PE 17.92
Dividend $1.00 (5.43%)
Ex-Dividend Date Jun 3, 2024
Volume 2,664,929
Open 18.65
Previous Close 18.63
Day's Range 18.38 - 18.71
52-Week Range 17.64 - 23.89
Beta 0.78
Analysts Buy
Price Target 21.65 (+17.54%)
Earnings Date May 2, 2024

About WEN

The Wendy's Company, together with its subsidiaries, operates as a quick-service restaurant company in the United States and internationally. It operates through Wendy's U.S., Wendy's International, and Global Real Estate & Development segments. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. It owns and leases real estate properties. The company was formerly known as Wendy's/Arby's Group, Inc. and changed its name to The Wendy's Company in July 2011. ... [Read more]

Industry Restaurants
Founded 1969
Employees 15,300
Stock Exchange NASDAQ
Ticker Symbol WEN
Full Company Profile

Financial Performance

In 2023, WEN's revenue was $2.18 billion, an increase of 4.11% compared to the previous year's $2.10 billion. Earnings were $204.44 million, an increase of 15.26%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for WEN stock is "Buy." The 12-month stock price forecast is $21.65, which is an increase of 17.54% from the latest price.

Price Target
$21.65
(17.54% upside)
Analyst Consensus: Buy
Stock Forecasts

News

It's a Nuggs Party: Discover a New Way to Nugg on Wendy's Wednesday

New interactive map helps chicken nugget lovers locate the nearest Wendy's Nuggs Party Pack All fans can celebrate nationwide with FREE 6-piece nuggets with purchase every Wednesday with the Wendy's a...

7 days ago - PRNewsWire

The Wendy's Company Reports 2023 Corporate Responsibility Progress

The Company continues to make advancements toward delivering high-quality food responsibly, creating more equitable and inclusive workplaces and reducing emissions across Company operations and franch...

9 days ago - PRNewsWire

The Wendy's Company Adds U.S. Chief Marketing Officer Lindsay Radkoski to Senior Leadership Team

DUBLIN, Ohio , May 6, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) announced that Lindsay Radkoski, U.S. Chief Marketing Officer, will join the Company's Senior Leadership Team and report to...

9 days ago - PRNewsWire

Wendy's shares rise on better-than-expected Q1 adjusted earnings

Wendy's Co. WEN, -1.85% shares rose 0.9% in premarket trades Thursday after the burger chain's first-quarter adjusted earnings beat analysts' estimates. Net income rose to $42 million, or 20 cents a s...

13 days ago - Market Watch

THE WENDY'S COMPANY REPORTS FIRST QUARTER 2024 RESULTS

DUBLIN, Ohio , May 2, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) today reported unaudited results for the first quarter ended March 31, 2024. "The momentum we built across our business in ...

13 days ago - PRNewsWire

Sip, Scan and Support Foster Care Adoption: Wendy's Fans Can 'Make A Biggie Difference' this National Foster Care Month

Wendy's will donate $5 to the Dave Thomas Foundation for Adoption up to $500,000 when customers scan cold beverage cups On National Foster Care Day, Wendy's is waiving delivery and service fees on in-...

14 days ago - PRNewsWire

Wendy's Passes Through 5% Yield Mark

In trading on Monday, shares of Wendy's were yielding above the 5% mark based on its quarterly dividend (annualized to $1), with the stock changing hands as low as $19.93 on the day. Dividends are par...

16 days ago - Forbes

Best FRYday Yet: Wendy's Drops Free Any Size Hot & Crispy Fries With Any Purchase App Offer EVERY Friday Beginning April 19

Fans can make FRYdays Hot & Crispy with free Wendy's Fries offer in the Wendy's app   DUBLIN, Ohio , April 17, 2024 /PRNewswire/ -- WHAT: Wendy's® is declaring Friday, April 19, as the best FRYday yet...

4 weeks ago - PRNewsWire

The Wendy's Company to Report First Quarter 2024 Results on May 2

DUBLIN, Ohio , April 4, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) will release its first quarter 2024 results before the market opens on Thursday, May 2. The Company will host a conferenc...

5 weeks ago - PRNewsWire

Big Tech payment apps are the ‘holy grail' of surge pricing, says CFPB's Chopra

The practice of “surge” or “dynamic” pricing is common in markets ranging from airlines to supermarkets — and U.S. regulators are concerned that the growing role of tech giants will further power this...

Other symbols: AAPLGOOGGOOGLPYPLSQ
5 weeks ago - Market Watch

Wendy's Launches AI-Driven Loyalty Platform to Deliver Customized Rewards

In an era where customer loyalty is as fleeting as the latest trend, artificial intelligence (AI) is emerging as a potential game-changer, empowering businesses to redefine engagement strategies and f...

6 weeks ago - PYMNTS

PAR Technology's Punchh® Selected as Loyalty Platform Provider for Wendy's

NEW HARTFORD, N.Y.--(BUSINESS WIRE)--ParTech, Inc. (PAR), a global restaurant technology leader and provider of unified commerce for enterprise restaurants, today announced that Wendy's®, the iconic f...

Other symbols: PAR
7 weeks ago - Business Wire

Fast-food companies seeing low-income diners pare orders

Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including McDonald's and Wendy's recently said they worry about losing...

Other symbols: MCD
7 weeks ago - Reuters

We Aren't Foolin': Tri-State Area Wendy's Restaurants Offer FREE Wendy's Breakfast Sandwiches for One Year!

NEW YORK , March 25, 2024 /PRNewswire/ -- WHAT: This April Fools' Day, Tri-State area Wendy's® are giving away special coupon cards* to the first 100 people in line at participating locations for one ...

7 weeks ago - PRNewsWire

We Aren't Foolin': Florida Wendy's Restaurants Offer FREE Wendy's Breakfast Sandwiches for One Year!

Exclusive promotion is available in Tampa, Orlando, Miami and West Palm Beach locations MIAMI , March 25, 2024 /PRNewswire/ -- WHAT: This April Fools' Day, Wendy's® locations in Tampa, Orlando, Miami ...

7 weeks ago - PRNewsWire

We Aren't Foolin': Philadelphia Area Wendy's Restaurants Offer FREE Wendy's Breakfast Sandwiches for One Year!

PHILADELPHIA , March 25, 2024 /PRNewswire/ -- WHAT: This April Fools' Day, Philadelphia area Wendy's® are giving away special coupon cards* to the first 100 people in line at participating locations f...

7 weeks ago - PRNewsWire

DoorDash (DASH) Tests Drone Delivery From Wendy's

DoorDash (DASH) drones are set to start delivering food from Wendy's in Christiansburg, VA. The plan is to explore expanding to other U.S. cities later this year.

Other symbols: DASH
7 weeks ago - Schwab Network

Wendy's is delivering food by drone for the first time — with one big catch

A pilot program rolled out Thursday in Christiansburg, Va., has drones dropping off burgers, fries and a Frosty in “30 minutes or less,” DoorDash said in a press release.

7 weeks ago - New York Post

DoorDash, Alphabet-Owned Wing and Wendy's Launch Drone Delivery in Virginia

DoorDash and Alphabet-owned Wing have brought their drone delivery pilot program to the United States.

Other symbols: DASHGOOGGOOGL
7 weeks ago - PYMNTS

Taste the Sweet Nostalgia: Wendy's Debuts Orange Dreamsicle Frosty

Just in time for the first day of spring, Wendy's newest seasonal Frosty innovation joins menus March 19 DUBLIN, Ohio , March 19, 2024 /PRNewswire/ -- Travel back in time with sweet, nostalgic flavors...

2 months ago - PRNewsWire

Wendy's Delivers Record Support for Foster Care Adoption

Restaurant teams and Frosty fans raised $22.6 million benefiting The Dave Thomas Foundation for Adoption DUBLIN, Ohio , March 12, 2024 /PRNewswire/ -- Continuing a more than 30-year history of support...

2 months ago - PRNewsWire

Best Tasting Burgers, Best Deals: Wendy's Fuels March Madness Fans with $1 Dave's Single and $2 Dave's Double All Tournament Long

Fans can score March Madness deals now through the NCAA tournament with offers in the Wendy's App DUBLIN, Ohio, March 4, 2024 /PRNewswire/ -- It's almost time for tipoff! While fans are busy researchi...

2 months ago - PRNewsWire

Wendy's to integrate AI, dynamic pricing, and digital menus

While Wendy's (WEN) is planning to begin new dynamic menu pricing in 2025, the company is pushing back against claims that the change constitutes surge pricing. In a recent earnings call, the new CEO ...

2 months ago - Yahoo Finance

Wendy's Dynamic Pricing Announcement Puts New CEO Kirk Tanner In Spotlight

Wendy's new president and CEO, Kirk Tanner, started his first month by firing up the public during the quarterly earnings call about a plan to use dynamic pricing to help increase the company's margin...

2 months ago - Forbes

Wendy's clarifies dynamic pricing: Plan was 'misconstrued'

CNBC's Joe Kernen reports on the latest news from Wendy's.

2 months ago - CNBC Television