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Fast food sales are declining as consumers become more price sensitive, leading companies to offer bargain meals to attract customers. Wendy's is a major player in the American fast food market with a nearly 6% dividend yield, but its high debt and slow growth raise concerns. The company's high payout ratio and financial situation may not support the current dividend yield, making it a risky investment.
DUBLIN, Ohio , July 10, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) will release its second quarter 2024 results before the market opens on Thursday, August 1. The Company will host a conference call that same day at 8:30 a.m.
Wendy's (WEN) focuses on the Europe market to drive growth. It reveals new development franchise agreements in the Republic of Ireland and Romania.
Wendy's Co. WEN, -2.64% said Tuesday it has signed development agreements with franchisees in Ireland and Romania as part of plans to open hundreds of restaurants across Europe in the next decade. The fast-food company said it's actively recruiting franchisee candidates in European markets with local expertise and a proven track record.
Wendy's announces the signing of two new development agreements with franchisees in the Republic of Ireland and Romania, supporting the brand's expansion goals to develop hundreds of restaurants across Europe over the next decade. The Republic of Ireland and Romania are new markets for Wendy's, with plans to open restaurants beginning in 2025.
BOSTON--(BUSINESS WIRE)--Community solar provider Ampion Renewable Energy is partnering with The Wendy's Company (Nasdaq: WEN) to help Wendy's® restaurants source renewable energy. Nearly 100 company-operated restaurants and nearly 40 franchise restaurants in New York, Illinois, and Massachusetts are now enrolled in Ampion+, a product that helps organizations reduce energy costs and secure Renewable Energy Certificates (RECs) that substantiate the use of renewable energy and greenhouse gas emis.
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GRANTS PASS, Ore.--(BUSINESS WIRE)--Dutch Bros Inc. (NYSE: BROS; “Dutch Bros”), a west coast-based drive-thru beverage company focused on making a massive difference one cup at a time, has announced the appointment of Todd Penegor to its Board of Directors, where he will serve as an independent director. Penegor brings extensive executive leadership experience from his tenure as President and CEO of The Wendy's Company (NASDAQ: WEN), along with previous roles at Kellanova (formerly Kellogg Comp.
Fans can sweeten $5 Biggie Bag purchase with a free Frosty treat exclusively in-app this June DUBLIN, Ohio , June 20, 2024 /PRNewswire/ -- WHAT: It's a Biggie-er summer! To celebrate five years of the best deal in fast food, Wendy's® is giving fans a FREE small Frosty® with the purchase of a Biggie Bag™ exclusively in the Wendy's app.