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Wendys Co - On Nov 7, Entered Accelerated Share Repurchase Agreement With Morgan Stanley
The Wendy's Qtrly Earnings Per Share $0.20
Wendys Sees Preliminary Q3 North America Same-Restaurant Sales Growth Of 4.4%
The Wendy's Company is the parent company of subsidiary holding company Wendy's Restaurants, LLC (Wendy's Restaurants). Wendy's Restaurants is the parent company of Wendy's International, LLC (Wendy's), which is the owner and franchisor of the Wendy's restaurant system in the United States. Wendy's is a restaurant company specializing in the hamburger sandwich segment. Wendy's is engaged in the business of operating, developing and franchising a system of restaurants serving food. The Company operated approximately 6,080 Wendy's restaurants in operation in North America, as of January 1, 2017. Of these restaurants, 330 were operated by the Company and 5,768 by a total of 376 franchisees, as of January 1, 2017. In addition, as of January 1, 2017, there were 439 franchised Wendy's restaurants in operation in 29 countries and territories other than North America. Wendy's is also a partner in a restaurant real estate joint venture with a subsidiary of Restaurant Brands International Inc.
1 Dave Thomas Blvd
Independent Non-Executive Chairman of the Board
Todd A. Penegor
President, Chief Executive Officer, Director
Peter W. May
Independent Non-Executive Vice Chairman of the Board
Chief Financial Officer
Robert D. Wright
Executive Vice President, Chief Operations Officer and International
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Wendy's Co <WEN.O> reported strong North American sales on Wednesday, powered by spicy chicken nuggets and other special menu items, while the fast-food burger chain looks ahead to its launch of breakfast next year.
Wendy's Co reported on Wednesday that North America same-store sales rose 4.4% in the third quarter, powered by new launches such as the $5 Biggie Bag deal and spicy chicken nuggets, sending its shares up 3.9% before the bell.
Wendy's Co <WEN.O> said on Monday it expects a fall in its 2019 adjusted earnings, as it expands its breakfast offerings across its U.S. restaurants in 2020.
Wendy's Co said on Monday it does not expect growth in its 2019 core earnings due to one-time expenses from its plan to expand its breakfast offerings across its U.S. restaurants in 2020.
Wendy's Co <WEN.O> stuck to its full-year profit forecast on Wednesday after edging past analysts' estimates for second quarter in the face of a handful of major marketing investments by some of its biggest rivals, sending its shares 7% higher.
Burger chain Wendy's Co reported quarterly revenue on Wednesday that fell short of analysts' estimates, hit by tough competition in a crowded U.S. fast-food market.
Wendy's Co on Wednesday reported quarterly revenue and profit above estimates, as the burger chain was helped by higher royalty fees from franchisees and its new premium burgers that come with avocado and bacon.
Burger chain Wendy's Co reported better-than-expected quarterly revenue on Wednesday, as it collected more royalties from its franchises and its line of premium burgers that come with avocado, bacon and barbecue chicken attracted more diners.
Wendy's Co <WEN.O> on Tuesday reported quarterly sales at established outlets in North America below analyst estimates and lowered its same-store sales forecast for the year, as the burger chain struggles to lure customers in a fiercely competitive U.S. fast-food industry.
Wendy's Co missed Wall Street expectations for quarterly sales at its established outlets in North America on Tuesday, as the burger chain struggled to lure diners in a fiercely competitive U.S. fast-food industry.
Hamburger company Wendy's Co <WEN.O> ended its decade-old ties with Arby's as it sold its 12.3 percent stake in the sandwich chain's parent for $450 million on Thursday, giving it a boost as it battles larger rivals McDonald's and Burger King.
Burger chain Wendy's Co will sell its 12.3 percent stake in Inspire Brands, the company that owns Arby's diners, for $450 million, it said on Thursday.
U.S. burger chain Wendy's Co <WEN.O> on Tuesday topped Wall Street targets for sales at established outlets in North America, led by the popularity of its value-menu offerings.
U.S. burger chain Wendy's Co on Tuesday topped Wall Street targets for sales at established outlets in North America, led by the popularity of its value-menu offerings.
A Wendy's <WEN.O> restaurant in Oklahoma is under fire after an employee video showing a mouse inside a bag of hamburger buns was widely shared online.
* TRIAN FUND MANAGEMENT LP MORE THAN HALVES SHARE STAKE IN MONDELEZ TO 18.8 MILLION SHARES - SEC FILING
Wendy's Co <WEN.O> reported lower-than-expected first-quarter sales at its established outlets in North America, as the burger chain struggled to attract enough diners in a fiercely competitive restaurant industry.
* SEES FY 2018 ADJUSTED EARNINGS PER SHARE ABOUT $0.55 TO $0.57
* WENDYS CO SAYS CEO TODD A. PENEGOR'S TOTAL COMPENSATION FOR 2017 WAS $5.5 MILLION VERSUS $5.1 MILLION LAST YEAR - SEC FILING Source : https://bit.ly/2qNjuvU Further company coverage: (Reuters.Briefs@thomsonreuters.com)
* WENDYS CO - ANNOUNCED A 2020 GOAL OF OPENING MORE THAN 600 NEW RESTAURANTS Source text for Eikon: Further company coverage:
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