The Wendy's Company (WEN)

NASDAQ: WEN · IEX Real-Time Price · USD
18.60
-0.10 (-0.53%)
Apr 12, 2024, 4:00 PM EDT - Market closed
-0.53%
Market Cap 3.82B
Revenue (ttm) 2.18B
Net Income (ttm) 204.44M
Shares Out 205.47M
EPS (ttm) 0.97
PE Ratio 19.18
Forward PE 18.54
Dividend $1.00 (5.38%)
Ex-Dividend Date Feb 29, 2024
Volume 3,229,056
Open 18.62
Previous Close 18.70
Day's Range 18.22 - 18.70
52-Week Range 17.64 - 23.90
Beta 0.81
Analysts Buy
Price Target 21.50 (+15.59%)
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 18 analysts, the average rating for WEN stock is "Buy." The 12-month stock price forecast is $21.5, which is an increase of 15.59% from the latest price.

Price Target
$21.5
(15.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

10 days 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
10 days 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...

14 days 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
18 days 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
18 days 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 ...

20 days 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 ...

20 days 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...

20 days 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
23 days 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.

24 days 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
24 days 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...

26 days 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...

4 weeks 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...

5 weeks 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 ...

5 weeks 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...

6 weeks ago - Forbes

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

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

6 weeks ago - CNBC Television

Wendy's Makes It Clear After Backlash: No Surge Pricing

The fast-food company says its dynamic-pricing strategy was misconstrued.

6 weeks ago - WSJ

Wendy's Clarifies It Won't Bring Surge Pricing To Food

Fast food chain Wendy's clarified it isn't planning to apply surge pricing to its food next year, after reports earlier this month led people to believe the price of their food would soon change based...

6 weeks ago - Forbes

Wendy's says its CEO didn't mean ‘surge pricing' when he talked about digital menus

News spread on Tuesday that Wendy's was planning to test “surge pricing” for its menu, a sort of Uber-like pricing strategy where you might pay more for a burger during times when there's a higher dem...

6 weeks ago - Fast Company

Wendy's scrambles to ‘clarify' plans for ‘dynamic pricing' — claims it won't raise menu prices during peak hours

A Wendy's spokesperson has walked back on the company's plans to test a "dynamic pricing" model that would raise the cost of menu items during peak hours.

6 weeks ago - New York Post

How much is that Frosty? Wendy's to trial Uber-like surge pricing

Fast-food chain's CEO announced the plan – which will utilize ‘AI-enabled menu changes and suggestive selling – in an earnings call

6 weeks ago - The Guardian

The Wendy's Company Names Matt Spessard Chief Information Officer

DUBLIN, Ohio , Feb. 26, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) announced the appointment of Matt Spessard as Chief Information Officer. He will report to President and Chief Executive ...

6 weeks ago - PRNewsWire

Wendy's planning Uber-style ‘surge pricing' where burger prices fluctuate based on demand

With the dynamic pricing model, the chain's iconic Dave's Single could increase by as much as $1 at lunchtime and drop down by the same amount after the lunch rush.

6 weeks ago - New York Post

A Sweet Way to Start Your Day: Wendy's Cinnabon® Pull-Apart is Now Available Nationwide for Breakfast

Celebrate four years of Wendy's breakfast with a FREE Cinnabon® Pull-Apart on Leap Day, February 29* and enjoy a DashPass** by DoorDash Member Breakfast Deal on March 1*** with Cinnabon® Pull-Apart Pu...

6 weeks ago - PRNewsWire