WEN - The Wendy's Company
| Previous Close | 20.55 |
| Open | 20.71 |
| Bid | 20.60 x 2200 |
| Ask | 21.22 x 4000 |
| Day's Range | 20.60 - 20.97 |
| 52 Week Range | 14.96 - 22.84 |
| Volume | 4,549,668 |
| Avg. Volume | 3,115,569 |
| Market Cap | 4.787B |
| Beta (3Y Monthly) | 0.53 |
| PE Ratio (TTM) | 10.46 |
| EPS (TTM) | 1.98 |
| Earnings Date | Nov 6, 2019 |
| Forward Dividend & Yield | 0.40 (2.04%) |
| Ex-Dividend Date | 2019-08-30 |
| 1y Target Est | 21.40 |
- Yahoo Finance Video
Will Wendy's $20 million bet on breakfast pay off?
Wendy’s is getting back into the breakfast wars at long last. Starting next year, the fast-food chain will begin to serve breakfast at all of its U.S. restaurants, taking on rivals such as Dunkin' Donuts and McDonald's, but analysts are skeptical about the move. The Final Round panel discusses the impact on the sector.
- Yahoo Finance Video
Wendy’s stock falls amid plans to invest $20 million in nationwide breakfast launch
Wendy's cut its 2019 outlook as it prepares to ramp up spending for a nationwide launch of breakfast items next year. Yahoo Finance's Jared Blikre joins Akiko Fujita on 'The Ticker' to discuss.
- TheStreet.com
Wendy's Stock Looks as if Investors Will Be Placing Orders to Go Long
Here's a rare chance to buy into a restaurant chain that's investing heavily for the future.
- Yahoo Finance
Beyond Meat hamburgers at McDonald's won't be a big deal: top strategist
Beyond Meat Big Macs may not be a big deal for the stock, argues one top Wall Street analyst.
- Investor's Business Daily
Chipotle Makes A Rare Menu Addition, And Restaurant Stocks Rally
Chipotle Mexican Grill will start serving carne asada nationwide, a rare new edition to its menu. Shares rose in morning trade.
- GuruFocus.com
Why Wendy's Is Undervalued
Fast-food chain's growth strategy could boost its financial performance Continue reading...
- American City Business Journals
'They have brand equity in bacon': The pros and cons of Wendy's big breakfast plans
Wendy’s Co. has made three past attempts at entering the breakfast game that didn't take. Will it be different this time around?
- MarketWatch
Wendy’s making a $20 million bet on breakfast and analysts are skeptical
Wendy’s announced that it would introduce breakfast nationwide in 2020 and analysts are cautious after a number of previous failed attempts to do so.
- Benzinga
Here's What Wendy's Franchisees Told Longbow Analysts About The Breakfast Rollout
Spicy chicken nuggets are performing well after launching on Aug. 12 and could have contributed a 100 to 150 basis point lift in comps along with higher traffic and better average ticket size. Franchisees expressed an "admittedly surprisingly positive view" of breakfast. A multi-daypart advertising campaign will help mitigate incremental dollars spent by either corporate or franchisees next year.
- Simply Wall St.
Is Wendy's (NASDAQ:WEN) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
- Yahoo Finance
Taco Bell launches new Toasted Cheddar Chalupa — and we tasted it
Yahoo Finance taste tested Taco Bell's new Toasted Cheddar Chalupa, launching in the U.S. and internationally Thursday.
- Yahoo Finance
Why McDonald's is turning its drive-thru menu into an Amazon Alexa-like device
McDonald's efforts to digitize its drive through menu board makes sense.
- Yahoo Finance
Analysts are mixed on Wendy’s $20 million breakfast bet
Analyst reaction to Wendy’s fourth attempt at breakfast has been mixed, though mostly cautious. Although there is opportunity for profit, some analysts are unsure the chain’s hefty investment will pay off.
- Investopedia
Wendy's Fires Shot in the Fast Food Breakfast Wars
Wendy's sold off after announcing an expensive 2020 breakfast initiative and could post a long-term top.
- Yahoo Finance
McDonald's enters the chicken sandwich wars — and it's no Popeyes
McDonald's is launching two new items on Wednesday, and Yahoo Finance put them to a taste test ahead of the release.
- Zacks
Wendy's Shares Fall for a Second Straight Day After Announcing Breakfast Launch
Shares of Wendy's (WEN) were down as much as 11% in intraday trading today, and closed down over 2% on Monday after the company announced they are ramping up spending on their breakfast line for a nationwide release sometime in 2020.
- Investor's Business Daily
These Top Restaurant Stocks Lose Key Support After Wendy's Warning
Wendy's stock sliced lower on Tuesday, taking other restaurant stocks with it, after the fast-food chain a day earlier cut its full-year profit outlook due to an expansion into breakfast.
- InvestorPlace
Wendy’s News: WEN Stock Drops on Breakfast Rolllout Plans
Wendy's news for Tuesday includes WEN stock falling hard following the announcement of breakfast plans.Source: Jonathan Weiss / Shutterstock.com Wendy's (NASDAQ:WEN) notes that it will be introducing a few new menu items to customers across the U.S. This includes its Breakfast Baconator, Frosty-ccino, and Honey Butter Chicken Biscuit. The goal is to have breakfast available at all of its U.S. stores in 2020.Here's the thing about this Wendy's news, it isn't all good for the company. This includes plans to hire an additional 20,000 employees to handle breakfast. It also says that it will be investing $20 million into bringing breakfast to all of its U.S. stores.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat one-time $20 million investment is likely what it hitting WEN stock the hardest today. Due to it, Wendy's is updating its outlook for 2019. That includes changing its earnings per share guidance to be down 3.5% to 6.5% for the year. * 10 Stocks to Sell in Market-Cursed September The update to Wendy's outlook for 2019 also now has it expecting adjusted EBITDA to come in flat to down 2.0 percent. Cash flows from operations are expected to be between $290 million and $305 million. Finally, the fast food chain is expecting free cash flow to be down 2.5% to 7.0%. This has it ranging from $215 million to $225 million.The recent Wendy's news release doesn't contain any updates to its long-term guidance. However, WEN says it will be announcing these changes at its Investor Day.WEN stock was down 10% as of Tuesday afternoon, but is up 40% since the start of the year. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell in Market-Cursed September * 7 of the Worst IPO Stocks in 2019 * 7 Best Stocks That Crushed It This Earnings Season As of this writing, William White did not hold a position in any of the aforementioned securities.The post Wendy's News: WEN Stock Drops on Breakfast Rolllout Plans appeared first on InvestorPlace.
- Zacks
Wendy's Plans to Launch Breakfast Nationwide, Trims 2019 View
Wendy's (WEN) plans to launch its breakfast menu across the United States by 2020.
- MarketWatch
McDonald's stock suffering biggest drop this year, acts as 44-point drag on Dow's price
Shares of McDonald's Corp. sank 3.0% in morning trading Tuesday, which put it on track to suffer the biggest one-day decline this year. The stock's price decline of $6.46 is shaving about 44 points off the Dow Jones Industrial Average's price , which is down about 3 points. The fast-food behemoth's stock, which is headed for the biggest percentage decline since it fell 3.1% on Dec. 20, 2018, has now shed 4.2% in two sessions, and sits 4.7% below its Aug. 9 record close of $221.15. The selloff comes as shares of rival burger chain Wendy's Co. , which closed at a record as recently as Thursday, tumbled 12.5% after the company said it will make a $20 million investment to take another shot at serving breakfast nationwide. MKM Partners Brian Bittner said he wondered that given there are over 6,000 Wendy's restaurants, he wondered what implication this could have on the entire quick-service category, specifically McDonald's and Burger King. Shares of Burger King parent Restaurant Brands International Inc. , which closed at a record high on Aug. 29, slumped 2.3% on Tuesday.
- Yahoo Finance
Popeyes chicken sandwich: Inside a great American fast food success story
Yahoo Finance took a look inside one of the most epic fast-food launches.
- Benzinga
Wendy's Falls After Revising 2019 Guidance
Wendy's said it wants to expand the availability of breakfast dining from more than 300 restaurants today to all locations in the U.S. in 2020. Wendy's guided its EPS growth in August to be 3.5% to 7% and management narrowed the range to 3.5% to 6.5%. Breakfast represents an "incredible growth" opportunity for the fast food chain, said Wendy's President and CEO Todd Penegor.
- Market Realist
Wendy’s Stock: Why Does It Continue to Fall?
A few analysts downgraded Wendy’s stock following the reduced outlook. Guggenheim and BTIG downgraded the stock to “neutral” from “buy.”
- Yahoo Finance
McDonald's buys a tech firm that will let you order Big Macs from a voice-operated drive-thru
McDonald's tech push continues with its acquisition of Apprente.
