WEN bottom-line revenue stinks when MCD is UP...If it was little difference then we can understand but Gime a break 27% drop in revenue??? With that factor WEN should be trading at $3.65 in the Bull market. What will happens if market correct 15 to 25% WEN will be SUB $2.00 that is my HO.
Of course revenue is down. No more Arby's. All this already built into assumptions/estimates.
From all accounts they had a greater quarter. This stock gets relentlessly no respect from the market. Once that changes...if ever...look for an easy double here 12-24 months. And at least 20% appreciation in shorter term.