WEN A Bold Vision from Wendy’s at its Analyst Meeting

By Mark Kalinowski Published on October 11, 2019 at 12:00 AM

Earlier today, Wendy’s (WEN; Buy) hosted an Analyst Meeting. Shares are reacting positively to the news intraday, although there’s a lot of unpack, so let’s get to it. We maintain our Buy rating on WEN, and note the following:

WEN Updating Forecasts on Planned 2020 Nationwide Breakfast Launch

By Mark Kalinowski Published on September 9, 2019 at 12:00 AM

After today’s (Monday’s) market close, Wendy’s (WEN; Buy) announced it plans to launch breakfast nationwide during 2020 — and that as part of this, it’s lowering its financial targets for 2019, and removing its financial targets for 2020. The shares are down in after-market trading by about -5% as of this writing.

DIN Enjoying an IHOP House-Made Milkshake as We Update Our Forecasts

By Mark Kalinowski Published on May 31, 2019 at 12:00 AM

With this report, we update our Q2E same-store sales forecasts for both brands owned by Dine Brands (DIN; Buy).