WEN Stock Recent News

Fans can unwrap Wendy's deals exclusively on the Wendy's app December 11-22 DUBLIN, Ohio , Dec. 11, 2024 /PRNewswire/ --  WHAT: 'Tis the season to celebrate twelve days of Wendy's® BOGO deals – it's officially "Bow-GO" season! Beginning today, December 11, fans can "unwrap" Wendy's in-app gifts to discover twelve days of delicious deals for more than $50 in savings.

Wendy's growth initiatives and digital transformation efforts underscore its long-term potential. However, high labor costs are a concern.

Wendy's $3 Frosty Key Tags return December 9, gifting fans a free Jr. Frosty with purchase through 2025 while supporting foster care adoption DUBLIN, Ohio , Dec. 4, 2024 /PRNewswire/ -- WHAT:  The countdown is on, and the wait is nearly over! Wendy's® beloved Frosty® Key Tags are officially returning to restaurants and in-app on December 9.

Cook to Succeed Gunther Plosch Effective December 2 DUBLIN, Ohio , Nov. 18, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) today announced the appointment of Ken Cook as Chief Financial Officer, effective December 2, 2024. He will report to President and Chief Executive Officer Kirk Tanner and serve on the Wendy's Senior Leadership Team.

Fans can turn up flavor and savings with exclusive deal in the Wendy's app ahead of Thanksgiving gatherings DUBLIN, Ohio , Nov. 18, 2024 /PRNewswire/ -- WHAT: The Queen of Spice just dropped a HOT deal. Now through December 29, Wendy's® fans can bring the heat to their tastebuds and not the family gathering with a $3.99 Spicy Chicken Sandwich deal, available every day with the offer exclusively in the Wendy's app.

Fans can pair seasonal Frosty flavor with new fall menu items beginning  November 12 DUBLIN, Ohio , Nov. 12, 2024 /PRNewswire/ -- For 55 years, Wendy's iconic Frosty® has captured the hearts and tastebuds of Wendy's® fans with its creamy texture and satisfying sweetness. To celebrate this milestone, participating Wendy's restaurants nationwide are serving the newest seasonal Frosty flavor, Salted Caramel Frosty, beginning Tuesday, November 12.

Q3 Performance Under Pressure: Wendy's Biggie Bag faced stiff competition from promotions like McDonald's $5 Meal Deal, impacting traffic but aligning with Wendy's long-term focus on value. Breakfast Growth Amidst Industry Decline: Wendy's breakfast segment continued to expand, contrasting with industry-wide breakfast traffic declines, giving it a key edge over other restaurants. Strategic Closures and Net Unit Growth: Wendy's plans to close 140 U.S. locations with low AUVs but will still see net unit growth of 2% for FY 2024.

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.