MARKET COMPOSITE
WEN - Wendy`s Co8:00:00 PM 5/28/2024
Price
$17.25
-0.52 (-2.93%)
The Wendy's Company is an American holding company for the major fast food chain, Wendy's. Its headquarters are in Dublin, Ohio. The company was known as Deisel-Wemmer Co. from 1884 to 1929, Deisel-Wemmer-Gilbert Corporation from 1929 to 1946, DWG Cigar Corporation from 1946 to 1966, DWG Corporation from 1966 to 1993, Triarc Companies, Inc. from 1993 to 2008, and Wendy's/Arby's Group, Inc. from 2008 to 2011, and assumed its current name in 2011. The company's principal subsidiary, Wendy's International, is the franchisor of Wendy's restaurants. The present-day Wendy's Company had several predecessors, the oldest of which was founded in 1884. On January 23, 1929, Deisel-Wemmer incorporated as Deisel-Wemmer-Gilbert Corporation , after it was acquired by an investment group.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue534.8MM-1%
Gross Profit342.6MM-
Cost Of Revenue192.1MM-3%
Operating Income81.2MM-6%
Operating Expenses261.5MM-
Net Income42MM-11%
G&A63.8MM-3%
Interest Expense30.5MM+1%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    Total short interest in restaurants shot up 6% sequentially in the first two weeks of May, with much of that driven by high franchised quick-service brands, including Burger King parent Restaurant Brands International and Wendy's, as investors grow wary of softening fast-food traffic and the emergence of "value wars" within the sector, Raymond James analyst Brian Vaccaro says in a research note.

    Pringle will oversee all aspects of US business unit while Wunsch will head international unit across 33 countries and US territories.

    As consumers tighten their purse strings in the face of inflation, Burger King has become the latest fast food chain to prioritize value offerings strategically to attract cost-conscious diners. The company confirmed a new $5 meal deal aimed at catering to customers seeking affordable options. Yahoo Finance's Brad Smith and Seana Smith break down the details, shedding light on the factors driving restaurants toward value-oriented strategies to boost profits. For more expert insight and the lates...

    Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

    The Wendy's Company (Nasdaq: WEN) announced the appointment of Abigail Pringle to the newly-created role of President, U.S. and E.J. Wunsch to President, International effective June 17. Ms. Pringle has served as President, International and Chief Development Officer since 2019, and in numerous leadership roles across Development, Operations and Strategic Initiatives since joining the Company in 2002. Mr. Wunsch has served as Chief Legal Officer since joining the Company in 2016. He has been a s

    The company is on track to achieve 50 restaurants across the Canadian province by 2030.

    On today's episode of Catalysts, Hosts Seana Smith and Madison Mills break down key market trends and the trading day's biggest stories. As Nvidia (NVDA) is set to report its earnings this week, HSBC Global Private Banking and Wealth Management Americas CIO Jose Rasco joins the show to discuss how the chip company and the overall AI push may impact the market (^DJI,^GSPC, ^IXIC). He explains that new technology, like artificial intelligence, is diffusing across all sectors as companies seek to f...

    Wendy's (WEN) is debuting a $3 breakfast combination meal, which includes potatoes and a bacon or sausage egg and cheese sandwich. This move comes as fast food chains increasingly introduce value meals to combat weakened consumer spending. Salad and Go CEO Charlie Morrison joins Wealth! to discuss whether these value offerings are the right move. "Providing access to consumers for a good value is absolutely always the right thing to do. The challenge we're dealing with right now is something tha...

    As inflation persistently squeezes consumer wallets, its impact on food security for American households is becoming increasingly apparent. Alarmingly, a study by the Urban Institute reveals that nearly one in five adults have resorted to dipping into savings intended for other purposes to cover their grocery bills. Yahoo Finance's Brad Smith discusses the far-reaching implications of inflationary pressures within the food industry. For more expert insight and the latest market action, click her...