The Wendy's Company (WEN)
| Market Cap | 3.65B |
| Revenue (ttm) | 2.21B |
| Net Income (ttm) | 193.80M |
| Shares Out | 203.85M |
| EPS (ttm) | 0.94 |
| PE Ratio | 19.07 |
| Forward PE | 17.30 |
| Dividend | $1.00 (5.58%) |
| Ex-Dividend Date | Dec 2, 2024 |
| Volume | 3,290,036 |
| Open | 18.00 |
| Previous Close | 18.02 |
| Day's Range | 17.55 - 18.06 |
| 52-Week Range | 15.62 - 20.65 |
| Beta | 0.78 |
| Analysts | Hold |
| Price Target | 20.51 (+14.45%) |
| Earnings Date | Oct 31, 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]
Financial Performance
In 2023, The Wendy's Company'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 StatementsAnalyst Forecast
According to 22 analysts, the average rating for WEN stock is "Hold." The 12-month stock price forecast is $20.51, which is an increase of 14.45% from the latest price.
News
THE WENDY'S COMPANY NAMES KEN COOK CHIEF FINANCIAL OFFICER
Cook to Succeed Gunther Plosch Effective December 2 DUBLIN, Ohio , Nov. 18, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) today announced the appointment of Ken Cook as Chief Financial Office...
As Temperatures Drop Wendy's Spices Up Holiday Meal Planning with $3.99 Spicy Chicken Sandwich In-App Offer
Fans can turn up flavor and savings with exclusive deal in the Wendy's app ahead of Thanksgiving gatherings DUBLIN, Ohio , Nov. 18, 2024 /PRNewswire/ -- WHAT: The Queen of Spice just dropped a HOT dea...
Celebrating 55 Years of Frosty: Wendy's Drops New Salted Caramel Frosty Nationwide
Fans can pair seasonal Frosty flavor with new fall menu items beginning November 12 DUBLIN, Ohio , Nov. 12, 2024 /PRNewswire/ -- For 55 years, Wendy's iconic Frosty® has captured the hearts and taste...
Wendy's: Unit Pruning Doesn't Tickle '70/30 Expansion'
Q3 Performance Under Pressure: Wendy's Biggie Bag faced stiff competition from promotions like McDonald's $5 Meal Deal, impacting traffic but aligning with Wendy's long-term focus on value. Breakfast ...
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....
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 Executi...
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.
THE WENDY'S COMPANY REPORTS THIRD QUARTER 2024 RESULTS
DUBLIN, Ohio , Oct. 31, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) today reported unaudited results for the third quarter ended September 29, 2024. "Wendy's restaurants continued to delive...
Coach Bill Self Teams Up with Local Wendy's Restaurants to Support a Spooktacular Cause
Hall of fame coach will match every Boo! Books purchase at local area Wendy's, up to $30,000, to benefit the Dave Thomas Foundation for Adoption DUBLIN, Ohio , Oct. 23, 2024 /PRNewswire/ -- WHAT: Lega...
Wendy's Drops Bone-Chillingly Fun Boo! Bag Meal, Featuring Exclusive Frosty Figure for "Kidults" and Parents
The whole family can celebrate Halloween with new limited-edition meal bundles beginning October 21 DUBLIN, Ohio , Oct. 21, 2024 /PRNewswire/ -- WHAT: Halloween treats aren't just for kids! HalloWEEN...
Rebel Foods opens 160th Wendy's restaurant in Bengaluru
Rebel Foods opened all 160 Wendy's restaurants in a record span of 36 months DUBLIN, Ohio , Oct. 14, 2024 /PRNewswire/ -- The Wendy's Company announced today that Rebel Foods, the world's largest inte...
The Wendy's Company to Report Third Quarter 2024 Results on October 31
DUBLIN, Ohio , Oct. 9, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) will release its third quarter 2024 results before the market opens on Thursday, October 31. The Company will host a confe...
Sip, Save, Hooray! Wendy's Is Satisfying Fans' Thirst for Refreshing Soft Drinks for Just a Dollar
Fans can enjoy more than 100 soft drink choices for a dollar, any size all day long DUBLIN, Ohio , Oct. 8, 2024 /PRNewswire/ -- WHAT: Wendy's is bringing buck beverages to provide fans with great val...
Wendy's: Still Top Of Mind When We Talk About Value In QSRs
QSRs face declining value perceptions and stagnant average check growth, with Wendy's standing out as a value leader due to its consistent value proposition and promotions. Wendy's maintains stable co...
Battered Restaurant Stocks Shop for Fresh Ideas From New CEOs
The year has seen more restaurant and fast-food chain CEO turnover than the previous three years combined. The reason: Inflation-wracked customers are eating out less frequently and making new demands...
Wendy's Frosty Frights Kids' Meal Celebrates Spooky and Sweet Halloween Icons
A Media Snippet accompanying this announcement is available by clicking on this link. ORLANDO, Fla.
Wendy's Is Treating Fans to a Sweet Frosty Fix When and Where They Need It Most
For fans facing fast food ice cream machine downtime, Wendy's serves up $1 Frosty treats* through September DUBLIN, Ohio , Sept. 25, 2024 /PRNewswire/ -- WHAT: For nearly 55 years, Wendy's® iconic Fro...
The Wendy's Company Announces Executive Leadership Appointments
John Min Appointed Chief Legal Officer and Secretary Mary Greenlee Named Senior Vice President, U.S. Operations DUBLIN, Ohio , Sept. 16, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) ("Wendy...
Nelson Peltz steps down as chair of Wendy's board, starting a new era for burger chain
Nelson Peltz is stepping down as chair of Wendy's and assuming the title of chairman emeritus. Peltz's Trian Fund Management has a 10% stake in Wendy's, making it the burger chain's second-largest sha...
The Wendy's Company Appoints Arthur Winkleblack Chairman of the Board
Nelson Peltz Appointed Chairman Emeritus DUBLIN, Ohio , Sept. 6, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) today announced that its Board of Directors has appointed Arthur B.
A Frosty Fright: Wendy's New Kids' Meal Celebrates Spooky and Sweet Halloween Icons
Fans who purchase a $1 Boo! Books benefiting foster care adoption will also score a $1.99 Kids' Meal with purchase coupon DUBLIN, Ohio , Sept.
Why the value meal is making a comeback
Chains like McDonald's, Burger King and Wendy's are trying to bring customers back with deals.
Wendy's: Hitting A Cyclical Soft Patch
Wendy's stock has been a fairly poor performer since my opening piece late last year, trailing QSR peers. Comps and unit-level margins are weakening, albeit this appears to be a cyclical slowdown rath...