Profile
Sector:
Consumer CyclicalIndustry:
RestaurantsCountry:
United StatesIPO:
06 May 1980Website:
http://www.wendys.comNext earnings report:
14 February 2025Last dividends:
03 September 2024Next dividends:
02 December 2024Price
after hours | Sat, 23 Nov 2024 00:45:22 GMTAnalysts recommendations
Institutional Ownership
WEN Latest News
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Wendy's says will close 140 "outdated" stores this year, leaving its growth count flat for 2024.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.
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! HalloWEENDY's is delivering spooky food and fun for the whole family this season.
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 internet restaurant brand and the master franchise holder for Wendy's® in India, opened its 160th Wendy's restaurant at BTM Layout in Bengaluru. Dana Calvert, Wendy's Chief International Development Officer, led the opening celebration, reinforcing the brand's commitment to accelerating growth in India.
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 conference call that same day at 8:30 a.m.
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 value – all day, every day across the country. For a limited time, Wendy's® is making sips even more refreshing with $1 any size soft drinks nationwide with no additional purchase necessary*.
What type of business is Wendys?
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. The Wendy's Company was founded in 1969 and is headquartered in Dublin, Ohio.
What sector is Wendys in?
Wendys is in the Consumer Cyclical sector
What industry is Wendys in?
Wendys is in the Restaurants industry
What country is Wendys from?
Wendys is headquartered in United States
When did Wendys go public?
Wendys initial public offering (IPO) was on 06 May 1980
What is Wendys website?
https://www.wendys.com
Is Wendys in the S&P 500?
No, Wendys is not included in the S&P 500 index
Is Wendys in the NASDAQ 100?
No, Wendys is not included in the NASDAQ 100 index
Is Wendys in the Dow Jones?
No, Wendys is not included in the Dow Jones index
When was Wendys the previous earnings report?
No data
When does Wendys earnings report?
The next expected earnings date for Wendys is 14 February 2025