The Latest Breaking News from WEN

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Wendy's Co (NASDAQ:WEN) has partnered with Tiger Pistol, an advertising platform delivering local activation at scale. Under the partnership, Tiger Pistol will power Wendy's national-to-local social advertising programs. "Tiger Pistol strengthens the level of collaboration between Wendy's, our regional agencies, and our restaurants, enabling high-performing social advertising at the community level," said…

Over the past 3 months, 10 analysts have published their opinion on Wendy's (NASDAQ:WEN) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Wendy's Co (NASDAQ:WEN) reported first-quarter FY22 sales growth of 6.2% year-on-year to $488.6 million, missing the consensus of $497.1 million. Adjusted revenues increased 6.8% to $396.1 million. Global Systemwide sales improved 4.2%, with Systemwide sales in the U.S. rising 2.4% and International improving 19.2%.  Global same-restaurant sales growth was 2.4%. The company-operated restaurant…

  Wendy's (NASDAQ:WEN) reported its Q1 earnings results on Wednesday, May 11, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Wendy's Co (NASDAQ:WEN) has launched its breakfast menu nationwide in Canada. The breakfast at Wendy's will be available from 6:30 a.m. to 10:30 a.m. The menu includes items like Breakfast Baconator, Sausage or Bacon, Egg & Swiss Croissant, Frosty-ccino, and Seasoned Potatoes. "Canadians deserve a better breakfast," said Liz Geraghty, Chief Marketing Officer,…

BMO Capital analyst Andrew Strelzik downgraded Wendy's Co (NASDAQ:WEN) to Market Perform from Outperform with a reduced price target of $22, down from $28, implying a 5.31% upside. The analyst believes the company is less well-positioned to handle a tighter U.S. consumer spending environment than its peers against rising pressures on discretionary spending. Thus, Strelzik…

Stephens analyst James Rutherford said in a note that fast food restaurant sales performed markedly better than casual diners in an inflationary scenario. Given the current environment, with gas prices over $4 per gallon, up over 20% from the start of the year, the analyst recommends exposure to Wendy's Co (NASDAQ:WEN), Papa John's International Inc (NASDAQ:PZZA), and Chipotle…

According to Benzinga Pro, during Q4, Wendy's (NASDAQ:WEN) earned $52.13 million, a 26.62% increase from the preceding quarter. Wendy's also posted a total of $473.20 million in sales, a 0.63% increase since Q3.