WEN Stock Recent News

While the top- and bottom-line numbers for Wendy's (WEN) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Wendy's (WEN) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.21 per share a year ago.

Wendy's Co. WEN, -1.85% shares rose 0.9% in premarket trades Thursday after the burger chain's first-quarter adjusted earnings beat analysts' estimates. Net income rose to $42 million, or 20 cents a share, from $39.8 million, or 19 cents a share, in the same period a year ago.

In trading on Monday, shares of Wendy's were yielding above the 5% mark based on its quarterly dividend (annualized to $1), with the stock changing hands as low as $19.93 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.

Wendy's stock price has decreased, resulting in a historically high dividend yield of 5.3%. The company has been investing in digital initiatives to drive revenue growth, such as mobile ordering and digital menu boards. However, there is a lack of impactful growth catalysts. WEN faces challenges in the fast food industry, including decreased sales volume and a high dividend payout ratio.

After trading down to 78% of its 52-week high, a price not seen since 2022, Wendy's Co. NASDAQ: WEN has become one of the best passive income strategies for retail investors today.

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 trend at the expense of the American consumer.

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 forge deeper, more enduring connections with their clientele.

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.

Wendy's (WEN) focus on strategic pricing actions and product innovations bodes well. However, high labor costs are a concern.