| (USD) | Jun 2024 | Q/Q |
|---|---|---|
| Revenue | 570.7MM | +7% |
| Gross Profit | 370.8MM | - |
| Cost Of Revenue | 199.9MM | +4% |
| Operating Income | 99.5MM | +23% |
| Operating Expenses | 271.3MM | - |
| Net Income | 54.6MM | +30% |
| G&A | 61.5MM | -4% |
| Interest Expense | 31MM | +2% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
The move brings the franchise operator’s network of Wendy’s franchise outlets to 277.
Chili's CEO weighs in on the company's plans after a big quarter.
Flynn Group, which says it is the world’s biggest franchise operator, bought 83 Wendy’s franchises in New Jersey and Pennsylvania, bringing its total to 277. The purchase makes San Francisco-based Flynn one of Wendy’s biggest U.S. franchisees with nearly one out of every 20 of the burger chain's locations. Flynn Group became a Wendy’s franchisee in 2021 by purchasing around 190 outlets from a bankrupt operator.
Insight into the Latest 13F Filing for Q2 2024
On August 8, 2024, Nelson Peltz (Trades, Portfolio)'s firm executed a significant transaction involving The Wendy's Co (NASDAQ:WEN), marking a strategic adjustment in its investment portfolio. Nelson Peltz (Trades, Portfolio), CEO and Founding Partner of Trian Fund Management, L.P., has been a prominent figure in investment circles since November 2005. Peltz is known for his role as the non-executive Chairman of The Wendys Company and holds director positions at several major corporations.
The initial phase of this digital transformation will see QSCC adopting Palantir’s AIP.
The Wendy's Company ( NASDAQ:WEN ) has announced that it will pay a dividend of $0.25 per share on the 17th of...
Shake Shack's sales surged this year, boosting its stock price, while some of its burger-selling competitors like McDonald's and Wendy's struggled as customers pulled back—here's why.
The Wendy's Company ( NASDAQ:WEN ) came out with its quarterly results last week, and we wanted to see how the business...
Wendy's ( NASDAQ:WEN ) Second Quarter 2024 Results Key Financial Results Revenue: US$570.7m (up 1.6% from 2Q 2023). Net...