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.