The Latest Breaking News from WEN

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…