WEN Stock Recent News

The QSR industry sees price-sensitive guests demanding value meals, leading to traffic shifts from QSRs to FSRs. Wendy's maintains a balanced promotional mix with 'Biggie Bag' and value meals, focusing on international expansion through franchising. Valuation models suggest Wendy's is a 'Buy' for long-term investors seeking predictability and reliability in dividends and shareholder value.

Wendy's (WEN) second-quarter fiscal 2024 results benefit from solid same-restaurant sales, strength in U.S. breakfast sales and digital sales momentum.

The Wendy's Company (NASDAQ:WEN ) Q2 2024 Results Conference Call August 1, 2024 8:30 AM ET Company Participants Kelsey Freed - Director of Investor Relations Kirk Tanner - President and Chief Executive Officer Gunther Plosch - Chief Financial Officer Conference Call Participants Jeffrey Bernstein - Barclays Brian Bittner - Oppenheimer John Ivankoe - JPMorgan Alex Slagle - Jefferies Eric Gonzalez - KeyBanc Jared Hludzinski - BMO Capital Markets Dennis Geiger - UBS Danilo Gargiulo - Bernstein Jon Tower - Citi Gregory Francfort - Guggenheim Partners Brian Mullan - Piper Sandler Lauren Silberman - Deutsche Bank Brian Harbour - Morgan Stanley David Palmer - Evercore ISI Sara Senatore - Bank of America Tyler Klaus - Stephens Operator Good morning. Welcome to the Wendy's Company Earnings Results Conference Call.

While the top- and bottom-line numbers for Wendy's (WEN) give a sense of how the business performed in the quarter ended June 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 $0.27 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.28 per share a year ago.

Wendy's Inc. ‘s stock WEN rose 1.4% early Thursday, after the fast-food company's second-quarter sales miss was offset by better-than-expected sales guidance. The Dublin, Ohio-based company had net income of $59.6 million, or 28 cents a share, for the quarter, up from $54.6 million, or 27 cents a share, in the year-earlier period.

Dublin, Ohio , Aug. 1, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ: WEN) today reported unaudited results for the second quarter ended June 30, 2024. "Our restaurants across the globe continued to deliver same-restaurant sales growth, holding steady with the QSR burger category in the second quarter," President and Chief Executive Officer Kirk Tanner said.

Wendy's (WEN) second-quarter 2024 performance is likely to reflect a gain from robust same-restaurant sales, menu innovation initiatives and international expansion.

Wendy's (WEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Honey Buddy is Wendy's beloved Honey Butter Chicken Biscuit with a fresh new deal, exclusively in the Wendy's app* DUBLIN, Ohio , July 22, 2024 /PRNewswire/ -- WHAT: Monday mornings are the unhappiest time of the week, so Wendy's ® is waking fans up with a breakfast deal to sweeten the A.M. Fans can score a Honey Buddy for just $1 with any purchase* with the offer in the Wendy's app during breakfast hours, every week through September 30 to beat Monday "Unhappy Hour.