WEN - The Wendy's Company
| Previous Close | 22.91 |
| Open | 22.92 |
| Bid | 22.95 x 3200 |
| Ask | 23.00 x 800 |
| Day's Range | 22.85 - 23.01 |
| 52 Week Range | 16.25 - 23.02 |
| Volume | 1,146,089 |
| Avg. Volume | 2,326,637 |
| Market Cap | 5.089B |
| Beta (5Y Monthly) | 0.75 |
| PE Ratio (TTM) | 41.65 |
| EPS (TTM) | 0.55 |
| Earnings Date | Feb 25, 2020 |
| Forward Dividend & Yield | 0.48 (2.19%) |
| Ex-Dividend Date | Nov 28, 2019 |
| 1y Target Est | 22.90 |
- MarketWatch
Denny's at risk from 'breakfast wars' but the prime rib omelette could help
SunTrust Robinson Humphrey analysts are raising the alarm for Denny's Corp. and other family-dining chains about the launch of Wendy's Co. breakfast menu on March 2. "While we see risk that the fast-food 'breakfast wars' will negatively impact family-dining competitors, Denny's appears to be benefiting from a consumer shift to the higher end of its menu," analysts led by Jake Bartlett wrote in a note. Among the items on that pricier side of the menu is the "top-selling" prime rib omelette. "It's our most expensive omelette," said John Miller, chief executive of Denny's, speaking on the earnings call, according to a FactSet transcript. "It's also more unique and differentiated from what a ham or cheese omelette you might get somewhere else." Miller also said all-day breakfast has grown at Denny's. The restaurant chain's stock is down 6% in Wednesday trading after it reported a sales decline. Net income totaled $18.6% million,or 31 cents per share, up from $11.5 million, or 18 cents per share last year. Adjusted EPS of 23 cents per share beat the FactSet consensus for 17 cents. Revenue of $113.8 million fell from $159.5 million but beat the $107.0 million FactSet outlook. Denny's is in the process of a major refranchising effort. Domestic same-store sales grew 1.7%. For full-year 2020, Denny's expects domestic same-store sales to be flat to up 2%. FactSet is guiding for 1.7% growth. Denny's stock is up 10% for the last year while the S&P 500 index has gained 23% for the period.
- MarketWatch
Dunkin’s average ticket nearly doubles when customers add Beyond Meat sandwich
Dunkin’ says the average ticket with a Beyond Sausage is more than $9 while the average ticket is about $5.
- Yahoo Finance
Viral chicken sandwiches aren't enough for Wall Street: Morning Brief
Top news and what to watch in the markets on Tuesday, February 11, 2020.
- TheStreet.com
Tighten Your Stops or Take Some Profits If You Are Long Wendy's
Let's check the charts and indicators for The Wendy's Co. . In this daily bar chart of WEN, below, we can see that prices have worked higher from early August but some bearish divergences have materialized. Prices are trading slightly above the rising 50-day moving average after plenty of tests of the line since early January.
- GuruFocus.com
Chipotle: Not as Overvalued as You Might Think
The company demonstrated excellent revenue growth backed by a strong digital strategy in its recent result but continues to trade well below peer valuations Continue reading...
- MarketWatch
Yum Brands downgraded as Pizza Hut weakness weighs more than coronavirus
Yum Brands Inc. was downgraded to neutral from buy at BTIG Friday on concerns that the weakness at the company’s Pizza Hut chain will outlast challenges posed by the coronavirus outbreak.
- Benzinga
Former McDonald's Chef Defects To Wendy's
Haracz said in an August 2019 tweet that he left his post at McDonald's to assume a "more behind-the-scenes" role in the food industry. On Wednesday, he made what appears to be a comeback in the fast food space and is promoting the soon-to-launch Wendy's breakfast menu. This is former McDonald's Chef @Mike_Haracz.
- Yahoo Finance
Grubhub founder: 'I am not staying up at night dreaming about consolidation'
Yahoo Finance speaks with Grubhub founder Matt Maloney about the year ahead and state of the industry.
- Benzinga
Wendy's Nationwide Breakfast Launch Is Coming Soon
Wendy's breakfast menu will offer consumers a "fresh twist to familiar flavors" with new items that are built on fan favorites, the company said. Wendys' breakfast launch marks its fourth attempt in doing so although management has shown a dedication towards a more meaningful approach, Credit Suisse analyst Lauren Silberman wrote in a note. Wendy's' already set a goal of generating $600-$800 million in new revenue from breakfast, which implies 2.0 to 2.5% of total quick-service restaurant breakfast sales.
- Yahoo Finance
Wendy's promises to end the era of stale fast-food breakfast on March 2
Wendy's big push into breakfast will begin soon. Here's what you need to know.
- American City Business Journals
Wendy's announces launch date for nationwide breakfast rollout
Wendy’s Co. is ready for its breakfast relaunch. The Dublin-based restaurant company Tuesday said the nationwide rollout of its new breakfast menu will be March 2. “Our crew will be hand-cracking fresh eggs on all our breakfast sandwiches and leaning into quality ingredients that have long set Wendy’s apart from the competition,” Kurt Kane, Wendy's U.S. president and chief commercial officer, said in a news release.
- Zacks
RUTH or WEN: Which Is the Better Value Stock Right Now?
RUTH vs. WEN: Which Stock Is the Better Value Option?
- MarketWatch
Wendy's will launch its new breakfast menu on March 2
Wendy's Co. said Tuesday that its highly-anticipated breakfast menu entry will launch on March 2. Wendy's has invested $20 million to take on McDonald's Corp. and other big fast-food names in the morning. The "Breakfast battle" began today on social media with Wendy's pinpointing McDonald's in a tweet, and plans to tweet special content during morning hours. Wendy's menu will include items like fresh eggs and Applewood smoked bacon. It will also play off of popular menu items from the rest of the day, including the Breakfast Baconator and the Frosty-ccino. Wendy's shares have rallied 27.4% over the past year, outpacing the S&P 500 index , which is up 21% for the period.
- PR Newswire
Wendy's Introduces A Better Breakfast, Asks America: You Up For This?
Today Wendy's® announced that, on March 2, fans can say goodbye to their tired, old, stale breakfast and instead get their hands on a selection of fresh, craveable, bold new morning options. From fresh, hand-cracked eggs on every sandwich, to savory Applewood smoked bacon, Wendy's breakfast menu brings a fresh twist to familiar flavors and pays homage to Wendy's fan favorites – featuring items like the Breakfast Baconator®, Honey Butter Chicken Biscuit and Frosty®-ccino, breakfast will never be the same.
- MarketWatch
If McDonald’s uses frozen chicken it can’t compete with Popeyes and Chick-fil-A, JPMorgan says
Noting the ongoing chicken sandwich war, McDonald’s Corp. says it’s focused on new product in this category, but JPMorgan analysts say the fast-food giant will have a hard time competing with Popeyes and Chick-fil-A for operational reasons. Despite largely sitting out the chicken sandwich competition, McDonald’s reported an earnings and revenue beat for the fourth quarter on Wednesday. On Tuesday, McDonald’s announced the addition of two limited-time chicken sandwiches to the breakfast menu using its existing McChicken patty.
- InvestorPlace
3 Dividend Growth Stocks to Buy Now
With the Federal Reserve set to pause once again on interest rates, investors have been given freedom to buy high-yielding assets. Bonds to REITs have seen their stars shine over the last few months. However, investors may want to focus beyond just a large headline yield.Truth be told, the best dividend stocks are those that have grown their payouts over time. And the proof is the pudding.According to Ned Davis Research study, in the years 1972 and 2013, dividend growth stocks managed to post an average annual return of 10.07%. That bested the 9.28% return for the entire dividend paying universe and was higher the overall stock market average return as well.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSimilarly, Hartford Fund's research shows that dividends constituted 33% of S&P 500 monthly total return between 1926 and 2015.Clearly dividend growth investing has been a powerful tool to build wealth. And investors should exploit this fact in the current environment. Having a high yield is good, but getting more income year in and year out is just that much better. And thanks to rising profits, lower corporate taxes and bulging balance sheets, there's just that much more cash to go around. * 7 Stocks to Buy for February Contrarians Which firms make ideal dividend stocks with growing payouts to bet on? Here are three that make the cut. Visa (V)Source: Teerawit Chankowet / Shutterstock.com Dividend Yield: 0.6%Visa (NYSE:V) is a prime example of how a headline yield can be deceiving. At first glance, Visa's 0.6% current dividend yield isn't exactly something to write home about. That is, until you hear about Visa's torrid pace of dividend growth.Since its IPO in 2008, Visa has managed to grow its dividend by a whopping 1040.68%. No, that's not a typo. That includes last years big 20% jump in its payout.The reason for that kind of massive dividend growth is simple. Visa is simply a toll-road that throws off plenty of high margined cash flows.While we may have a Visa card in our wallets or purses, Visa isn't an issuer of credit itself. It operates a secured payment network that consumers, businesses, banks and merchants all use to move money around. Every time they do, Visa gets a fee. It's a high margined business that throws tons of free cash flows.Thanks to its huge moat, Visa is really one of the few games in town offering this service. As a result, it has been able to send plenty of cash back to investors. Adjusted free cash flows clocked in at more than $3.8 billion in the fiscal fourth quarter alone.But Visa has other avenues for growth as well. New mobile payment operations and online digital wallets will help strengthen its position in the cashless society of the future. Meanwhile, its recent purchase of Plaid gives it a vital foothold in fintech and the world of digital financial services.What it all means for investors is that Visa has plenty of growth left in the tank to make it a great buy among dividend stocks in spite of its small yield. Wendy's (WEN)Source: Shutterstock Dividend Yield: 2.21%Maybe I'm biased because I live near Wendy's (NYSE:WEN) corporate headquarters, but I happen to think they make the best traditional fast food burger. Turns out, I'm not alone.Sales at WEN continue to rise and through the third quarter of 2019, the burger joint has already seen total sales jump by 3.5%. The key to that has been Wendy's new updated menu, mobile apps, social media team and delivery partnership with Door Dash and Grubhub (NASDAQ:GRUB).Those moves have once made Wendy's a leader in the Burger Wars. Profitability is way up thanks to this new "1 More Visit, 1 More Dollar" strategic plan. The firm has plenty of avenues to keep the growth going such as its new breakfast menu, digital kiosks, and high margined bundled combo meals.All of this has quietly made Wendy's into one of the best dividend stocks out there. Over the last ten years, Wendy's has been raising its payout. But thanks to its high margins and continued sales boost, the burger joint has kicked into high gear. Last year alone, WEN managed to raise its payout twice for a 41% total jump in its dividend. * 7 Under-the-Radar European Stocks to Buy for 2020 With Wendy's targeting sales growth of 4% to 5% per year and 50% payout ratio, investors will be able to see similar long-term growth in their dividend income from the stock. So while WEN's current 2.21% is about average for the broader market, the power behind that payout is great. Medtronic (MDT)Source: JHVEPhoto / Shutterstock.com Dividend Yield: 1.86%Both Wendy's and Visa's dividend growth stories are relatively new. But there are plenty of dividend stocks that have been delivering the goods for decades. A prime example is medical device maker Medtronic (NYSE:MDT).Since creating the first pacemaker back in the 1950s, MDT has continued to innovate across a wide variety of medical devices, therapies, and health needs. These days, the focus is on high margined and specialized devices. Glucose/Insulin pumps that use A.I., artificial hearts, spinal surgery gear, etc. Aside from providing bigger profits to Medtronic's bottom line, these sorts of devices are outside the icy grasp of too much government regulation when it comes to price. It's a smart move for both now and later.In the now, it has made Medtronic a star dividend payer. The firm has been raising dividends for 42 years straight. This puts in elite company. Even better, over the last five years, those payouts have risen by around 12% annually. That's some pretty impressive dividend growth.With more focus on "tech-like" medical devices coming down the pike, management expects the growth to continue with 8% annual EPS growth targets for the next few years. That will certainly allow MDT to keep its pace of strong dividend growth going.Once again, Medtronic is highlighting the fact that an initial high yield isn't everything, especially over the long haul.At the time of writing, Aaron Levitt did not hold a position in any stock mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for February Contrarians * 10 of the Top Franchise Stocks to Buy Now * 5 High-Yield Stocks With High Free Cash Flow Yields The post 3 Dividend Growth Stocks to Buy Now appeared first on InvestorPlace.
- MarketWatch
McDonald’s is acting more like a FAANG, and investors should love it
Virtually all had the sense to favor long-term investing over short term profits, a big reason I suggested them in online investing columns and my stock letter. Now, McDonald’s (MCD) is doing the same thing as it deploys new technologies, and anyone who buys shares of the burger giant now will see a payoff. McDonald’s will never be a tech company.
- Zacks
Why Wendy's (WEN) is Poised to Beat Earnings Estimates Again
Wendy's (WEN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- American City Business Journals
Shopping center in the center of the Triad sold for $5.8 million
A centrally located Triad shopping center with a grocery anchor has sold for $5.8 million. S Main Partners LLC in partnership with Seaford Capital Partners, both controlled by Matt Klump of Glen Allen, Virginia, bought Kerner Village Shopping Center in Kernersville from the estate of the late J.C. Few of Wilkesboro. The 82,000 square foot Kerners Village Shopping Center, anchored by a 17,080 square foot Aldi supermarket and a 22,680 SF Dollar Tree (NASDAQ: DLTR) retailer is located at 813 S. Main St., just north of the Business 40/U.S. 421 interchange.
- PR Newswire
The Wendy's Company to Report Fourth Quarter and Full Year 2019 Results on February 26
The Wendy's Company (Nasdaq: WEN) will release its fourth quarter and full year 2019 results before the market opens on Wednesday, February 26. The Company will host a conference call that same day at 8:30 a.m. ET, and a simultaneous webcast and the related presentation materials will be publicly available on the Company's Investor Relations website at www.irwendys.com. The live conference call will also be available by telephone at (866) 211-4759 for domestic callers and (647) 689-6752 for international callers. The archived webcast and presentation materials will also be publicly available at www.irwendys.com.
- Yahoo Finance
Starbucks prepares to unleash 4,000 AI-enabled coffee makers
Starbucks continues to roll out these AI-enabled coffee machines.
- GuruFocus.com
McDonald's 4th-Quarter Earnings Rise on Strong Comps
Company’s earnings and revenue beat expectations Continue reading...
- Yahoo Finance
Beyond Meat expands plant-based fried chicken at KFC
More big deal news from Beyond Meat. Yahoo Finance speaks with Beyond Meat founder Ethan Brown.
- MarketWatch
McDonald’s earnings preview: Chick-fil-A is the fast-food giant’s biggest competition in the U.S.
The fast-food giant has largely sat out the chicken sandwich wars, with key players including privately-held Chick-fil-A, Wendy’s Co. (WEN) and Restaurant Brands International Inc.’s (QSR) Popeyes Louisiana Kitchen. Data compiled by Kalinowski Equity Research shows franchisees are concerned that McDonald’s (MCD) is missing a sales opportunity.
