The Wendy's Company (WEN)
| Market Cap | 4.07B |
| Revenue (ttm) | 2.18B |
| Net Income (ttm) | 204.44M |
| Shares Out | 205.47M |
| EPS (ttm) | 0.97 |
| PE Ratio | 20.55 |
| Forward PE | 19.86 |
| Dividend | $1.00 (5.05%) |
| Ex-Dividend Date | Feb 29, 2024 |
| Volume | 943,945 |
| Open | 19.87 |
| Previous Close | 19.96 |
| Day's Range | 19.77 - 19.99 |
| 52-Week Range | 17.64 - 23.90 |
| Beta | 0.81 |
| Analysts | Buy |
| Price Target | 21.50 (+8.5%) |
| 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]
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 StatementsAnalyst 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 8.50% from the latest price.
News
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...
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...
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...
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...
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...
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...
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 ...
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 ...
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...
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.
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.
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.
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...
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...
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...
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 ...
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...
Wendy's clarifies dynamic pricing: Plan was 'misconstrued'
CNBC's Joe Kernen reports on the latest news from Wendy's.
Wendy's Makes It Clear After Backlash: No Surge Pricing
The fast-food company says its dynamic-pricing strategy was misconstrued.
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...
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...
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.
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
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 ...
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.