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Kirk Tanner, Wendy's CEO, joins 'Money Movers' to discuss what Tanner is telling investors about the brand's growth strategy, what's driving traffic right now, and much more.
Broadcast legends Ian Eagle and Clark Kellogg share hot takes on Wendy's fresh, never frozen beef DUBLIN, Ohio , March 17, 2025 /PRNewswire/ -- Wendy's® is serving up the real MVP of March Madness® with two stars of its fresh, famous beef* lineup just in time for the tournament! Now through Sunday, April 13, fans can score bracket-winning deals with Wendy's as the Official Hamburger of March Madness, including a $1 Jr. Bacon Cheeseburger or a $1 Double Stack™ with an additional purchase exclusively with the offer in the Wendy's app**.
WEN benefits from solid comps growth and strength in U.S. breakfast sales and digital sales momentum.
J.P. Morgan analyst Rahul Krotthapalli reiterated a Neutral rating on the shares of Wendy's Co WEN with a price target of $17.00.
Passive income investors looking to get paid to navigate a more turbulent stock market should look to the many dividend stocks while their yields are still north of 5%.
With the merger of A & W Revenue Royalties Income Fund with A & W Food Services of Canada now complete, I've been eagerly waiting for the company's Q4 2024 results. Same-store sales growth declined in Q4, and overall revenues slumped more than that. Adjusted-EBITDA experiences a small increase, reflecting reduced operational expenses and cost management. Despite a dividend policy matching previous distributions, I'm not yet a buyer of A & W here, although I've upgraded my rating from a Sell to a Hold.
Wendy's has shifted focus towards international growth, planning to expand from 1,300 to 2,000 locations outside the US by 2028. The dividend was cut to a more sustainable 67¢ in 2025, with a payout ratio of 50%-60%, aiming for long-term value return. Despite lower 2025 guidance, Wendy's aims for substantial growth, targeting $650-$700 million adjusted EBITDA and 8,300 units by 2028.
Shares plans to update core menu items and launch impactful innovation to meet consumer preferences and win in fast growing segments Details increased investments in technology and operations to enhance the customer experience Outlines expectations to add 1,000 net new restaurants globally by 2028 Announces long-term financial algorithm of 3-4% annual net unit growth, 5-6% annual systemwide sales growth, and 7-8% annual adjusted EBITDA growth DUBLIN, Ohio , March 6, 2025 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) will host its 2025 Investor Day today at its Restaurant Support Center in Dublin, Ohio. The event will feature presentations from members of Wendy's senior leadership team, who will outline the Company's plans to accelerate growth and its long-term financial algorithm.
Milestone marks significant progress towards expanding the brand's global presence DUBLIN, Ohio , Feb. 28, 2025 /PRNewswire/ -- The Wendy's Company announced today a major global growth milestone with the opening of the 500th Wendy's® restaurant in the Asia Pacific, Middle East and Africa (APMEA) region. The restaurant, located in Nagano, Japan, is owned and operated by franchisee Wendy's Japan K.K.
Wendy's is cutting its quarterly dividend from $0.25 to $0.14 per share to focus on deleveraging and investing in U.S. operations. The new capital allocation strategy includes $200 million in buybacks and reducing long-term debt to improve financial health and shareholder returns. FY 2025 guidance includes 2%-3% global sales growth, adjusted EBITDA of $550-$560 million, and free cash flow of $275-$285 million.