Tuesday December 21, 2021, 07:00:00
WEN: Updating Our Q4E U.S. Same-Store Sales Forecast
Based on our channel checks, we adjust our Q4E Wendy’s U.S. same-store sales forecast.
Wednesday November 10, 2021, 09:44:02
WEN (Post-Call): Q3 U.S. Same-Store Sales Fall Short of Expectations
Earlier today, Wendy’s reported Q3 adjusted EPS of $0.19, coming in one cent above our $0.18 forecast and sell-side consensus (according to Consensus Metrix) of $0.18. Third-quarter adjusted EBITDA amounted to $122.2 million, close to consensus of $122.9 million.
Thursday September 2, 2021, 07:00:00
WEN: Breakfast and “… Because That’s Where the Market Share is.”
Bank robber Willie Sutton reportedly replied — when asked why he robbed banks — “Because that’s where the money is.” Similarly, why is Wendy’s taking aim at privately-held Dunkin’ in its efforts to build its breakfast business? Because that’s where the market share is.