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$15.03Last Dividend
$0.25Annual ROE
52.72%Beta
0.36Events Calendar
Next earnings date:
Feb 13, 2025Recent quarterly earnings:
Oct 31, 2024Recent annual earnings:
Feb 15, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Dec 02, 2024Next split:
N/ARecent split:
Mar 25, 1986Analyst ratings
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DUBLIN, Ohio , Jan. 15, 2025 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) will release its fourth quarter and full year 2024 results and share its 2025 financial outlook before the market opens on Thursday, February 13. The Company will host a conference call that same day at 8:30 a.m.
The ongoing inflationary environment, rising labor costs and a decline in customer counts are weakening WEN's growth.
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Wendy's growth initiatives and digital transformation efforts underscore its long-term potential. However, high labor costs are a concern.
Wendy's is shuttering 140 restaurants as it looks to improve its "restaurant footprint and overall system health."
Wendy's says will close 140 "outdated" stores this year, leaving its growth count flat for 2024.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.
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. However, there's a silver lining of sorts to these closures, too.
WEN's third-quarter fiscal 2024 results benefit from solid same-restaurant sales, strength in U.S. breakfast sales and digital sales momentum.
Wendy's (WEN) came out with quarterly earnings of $0.25 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.27 per share a year ago.
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 Executive Officer Gunther Plosch - Chief Financial Officer Conference Call Participants David Palmer - Evercore ISI Dennis Geiger - UBS Danilo Gargiulo - Bernstein John Ivankoe - J.P. Morgan Jeffrey Bernstein - Barclays Brian Mullan - Piper Sandler Chris O'Cull - Stifel Lauren Silberman - Deutsche Bank Brian Harbour - Morgan Stanley Jon Tower - Citi Jim Salera - Stephens Sara Senatore - Bank of America Andrew Charles - TD Cowen Gregory Francfort - Guggenheim Jake Bartlett - Truist Securities Peter Saleh - BTIG Christine Cho - Goldman Sachs Alex Slagle - Jefferies Jim Sanderson - Northcoast Research Logan Reich - RBC Operator Good morning.
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