I went to Barron's website and can't find the news, can you supply a link?
Sometimes these companies release news then pull the article later just so the pre-market can jump 5% so they can short it.
I subscribe to Barrons. This was one of the most positive articles I have read in a long time.
WEN should also start weeding out their poor franchisees. I have one in the town I live in. He owns quite a few stores. Back in the old days WEN, would sign territorials.
It should be noted that customer counts have increased at a store about 1/2 mile from my house, while the Burger king about a mile away has shut down. BK has declined in every way across the board. This is the time for Wendy's to capitialize on their failure. They need the Value menu. As pointed out in Barron's, the check average is not cheap.
It sounds like an acquisition could be in the wings..YUM.
~ck (very long for a long time)