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Wendys

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Reuters - 3 days ago

Wendy's Co Names Ken Cook Chief Financial Officer

BRIEF-Wendy's Co Names Ken Cook Chief Financial Officer Nov 18 (Reuters) - Wendy's Co WEN.O : THE WENDY'S COMPANY NAMES KEN COOK CHIEF FINANCIAL OFFICER WENDY'S CO - KEN COOK TO SUCCEED GUNTHER PLOSCH AS CFO EFFECTIVE DEC 2 Source text: ID:nPn3MYh2pa Further company coverage: WEN.O
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Reuters - 1 week ago

Pentagon buys two new types of drones under Replicator initiative

UPDATE 1-Pentagon buys two new types of drones under Replicator initiative Adds background on Replicator, and details on first tranche By Mike Stone WASHINGTON, Nov 13 (Reuters) - The Pentagon announced on Wednesday that it will add two new types of drones and more networking software to its ambitious Replicator initiative aimed at rapidly putting thousands of drones in the hands of the military.
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Reuters - 2 weeks ago

Restaurants stocks rise after Donald Trump's victory

BUZZ-Restaurants stocks rise after Donald Trump's victory ** Shares of restaurant chains were up after Donald Trump elected U.S. President on bets of deregulation and more business-friendly backdrop ** Domino's Pizza DPZ.N shares up 3.34%, Chipotle Mexican Grill CMG.N rises 2.9% and Wendy's WEN.O up 3.8% ** Shake Shack SHAK.N stock rises 5.7% and D
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Reuters - 3 weeks ago

Wendy's Co reports results for the quarter ended in September 30 - Earnings Summary

Wendy's Co reports results for the quarter ended in September 30 - Earnings Summary Wendy's Co WEN.OQ reported quarterly adjusted earnings of 25 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 27 cents. The mean expectation of twenty seven analysts for the quarter was for earnings of 25 cents per share.
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Reuters - 3 weeks ago

U.S. STOCKS Estee Lauder, DoorDash, Peloton Interactive

BUZZ-U.S. STOCKS ON THE MOVE-Estee Lauder, DoorDash, Peloton Interactive Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street fell on Thursday, as warnings from Microsoft and Meta Platforms about soaring AI costs dampened enthusiasm for megacap stocks, which have led the market this year.
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Reuters - 3 weeks ago

Wendy's down after Q3 global same-store sales miss

BUZZ-Wendy's down after Q3 global same-store sales miss Updates ** Shares of restaurant chain Wendy's WEN.O reverse premarket gains to fall as much as 7% to $18.88 ** Stock set for worst day since May 2022, if losses hold ** Posts Q3 global same-store sales increase of 0.2% globally, far below analysts' estimates of 1.56% ** Consumer demand for fast food has remained under pressure in a competitive environment where burger giants such as McDonald's and Burger King are offering meals for as low a
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Reuters - 3 weeks ago

Wendy's up after third-quarter revenue beat

BUZZ-Wendy's up after third-quarter revenue beat ** Shares of restaurant chain Wendy's WEN.O up 1.43% at $20.60 premarket ** Posts Q3 total revenue of $566.7 mln vs analysts' estimates of $560.4 mln - data compiled by LSEG ** Forecasts 2024 adjusted EPS between $0.99 to $1.01 from previous $0.98 to $1.02 range ** Expects ~3% global systemwide sales
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Reuters - 3 weeks ago

The Wendy's Company Reports Third Quarter 2024 Results

BRIEF-The Wendy's Company Reports Third Quarter 2024 Results Oct 31 (Reuters) - Wendy's Co WEN.O : THE WENDY'S COMPANY REPORTS THIRD QUARTER 2024 RESULTS OUTLOOK 2024 GLOBAL SYSTEMWIDE SALES GROWTH: ABOUT 3 PERCENT OUTLOOK 2024 ADJUSTED EARNINGS PER SHARE $0.99 TO $1.01 FY2024 EARNINGS PER SHARE VIEW $0.99, REVENUE VIEW $2.22 BILLION -- LSEG IBES D
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Reuters - 3 weeks ago

McDonald's brushes off sales hit from US E. coli outbreak, international markets weak

UPDATE 6-McDonald's brushes off sales hit from US E. coli outbreak, international markets weak Q3 global sales down 1.5%, biggest drop in four years Sees no material impact from E. coli outbreak Profit of $3.23/share beat estimates of $3.20/share Shares reverse course to trade up about 1% Adds analyst comments in paragraph 9-10, executive comment in paragraph 16, adds graphic and updates shares By Savyata Mishra Oct 29 (Reuters) - McDonald's MCD.N executives on Tuesday brushed off a potential sa
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Reuters - 3 weeks ago

Subway sandwiches are short on meat, lawsuit claims

UPDATE 1-Subway sandwiches are short on meat, lawsuit claims Adds comment from plaintiff's lawyer in paragraph 9, earlier Subway sandwich litigation in paragraph 11 By Jonathan Stempel NEW YORK, Oct 28 (Reuters) - A new lawsuit accuses Subway of "grossly misleading" customers by advertising sandwiches that contain at least three times more meat than it delivers.
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Reuters - 4 weeks ago

Subway sandwiches are short on meat, lawsuit claims

Subway sandwiches are short on meat, lawsuit claims By Jonathan Stempel NEW YORK, Oct 28 (Reuters) - A new lawsuit accuses Subway of "grossly misleading" customers by advertising sandwiches that contain at least three times as much meat as it delivers. According to a proposed class action filed on Monday in federal court in Brooklyn , Subway ads for its Steak & Cheese sandwich show meat bursting from within, reaching about as high as the surrounding hero bread.
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Reuters - 4 weeks ago

McDonald's E. coli outbreak could worsen near-term sales decline

PREVIEW-McDonald's E. coli outbreak could worsen near-term sales decline By Savyata Mishra Oct 28 (Reuters) - McDonald's MCD.N investors will look for signs of near-term sales disruption from the recent E. coli outbreak linked to its Quarter Pounder hamburgers when it reports third-quarter results on Tuesday. Last week's outbreak has killed at least one person , while the number of infections have risen to 75 , according to the U.S.
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Reuters - 1 month ago

Truist expects fast food chains to see growth from new menu innovations, promotions

BUZZ-Truist expects fast food chains to see growth from new menu innovations, promotions ** Truist Securities says fast food chains including Chipotle Mexican Grill CMG.N , Burger King and McDonald's MCD.N are poised for near-term growth following new menu innovations and promotions ** Brokerage adds that the $5 value meals launched early in the su
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Reuters - 2 months ago

FrontView REIT aims to raise up to $277 mln in US IPO

UPDATE 2-FrontView REIT aims to raise up to $277 mln in US IPO Adds background throughout, financial details in paragraphs 6-7 Sept 24 (Reuters) - FrontView REIT, which invests in properties in prominent locations facing high-traffic roads, aims to raise as much as $277.2 million in its initial public offering in the United States, the real estate investment trust said on Tuesday.
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Reuters - 2 months ago

US retailers rise as interest rate cut signals increased spending

BUZZ-US retailers rise as interest rate cut signals increased spending ** Shares of U.S. retail companies rise after the U.S. Federal Reserve cut interest rates by 50 bps ** Shares of retailers including Macy's M.N , Bath & Body Works BBWI.N , Lowe's LOW.N , Home Depot HD.N and Best Buy BBY.N rise between 1%-3% ** Fed's rate cut comes at an opportu
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Reuters - 2 months ago

The Wendy's Company Announces Executive Leadership Appointments

BRIEF-The Wendy's Company Announces Executive Leadership Appointments Sept 16 (Reuters) - Wendy's Co WEN.O : THE WENDY'S COMPANY ANNOUNCES EXECUTIVE LEADERSHIP APPOINTMENTS WENDY'S CO - JOHN MIN TO REPORT TO CEO KIRK TANNER Source text for Eikon: ID:nPn4YRgHLa Further company coverage: WEN.O
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Reuters - 2 months ago

McDonald's extends $5 meal deal into December at most US outlets

McDonald's extends $5 meal deal into December at most US outlets Sept 12 (Reuters) - McDonald's MCD.N extended its $5 value meal offer into December at most of its U.S. locations, the burger chain said on Thursday. The company launched its $5 meal deal late in June and extended it into August in a bid to retain budget-conscious customers shying away from higher fast food prices.
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Reuters - 3 months ago

The Wendy's Company Appoints Arthur Winkleblack Chairman Of The Board

BRIEF-The Wendy's Company Appoints Arthur Winkleblack Chairman Of The Board Sept 6 (Reuters) - Wendy's Co WEN.O : THE WENDY'S COMPANY APPOINTS ARTHUR WINKLEBLACK CHAIRMAN OF THE BOARD WENDYS CO - ARTHUR B. WINKLEBLACK SUCCEEDS NELSON PELTZ WENDY'S CO - NELSON PELTZ NAMED CHAIRMAN EMERITUS Source text for Eikon: ID:nPnccVcnCa Further company coverag
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