Wendy’s named former Potbelly CEO Robert Wright to lead the burger chain as it battles weak sales, falling traffic, and growing pressure to revive its brand.
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Wendy’s named former Potbelly CEO Robert Wright to lead the burger chain as it battles weak sales, falling traffic, and growing pressure to revive its brand.
Wendy's (WEN) said Wednesday it appointed quick-service restaurant industry veteran Robert Wright as
Robert Wright, who previously served as Wendy's chief operating officer, takes over as the chain works to reverse a U.S. sales slump
Wright, who spent years at the fast-food chain, had previously been the CEO of the sandwich chain Potbelly
Robert Wright will return to Wendy’s as chief executive officer, where he will oversee efforts to reverse a slump in the restaurant chain’s U.S. sales.
Wright joins the fast food chain as it continues to face declining sales, store closures and pressure from an activist investor.
Great things are happening to the stocks in this article. They’re all outperforming the market over the last month because of positive catalysts such as a new product line, constructive news flow, or even a loyal Reddit fanbase.
If you are wondering whether Wendy's current share price is giving you value or just more volatility, the stock's recent moves and fundamentals raise some useful questions to answer before making any decisions. The stock last closed at US$8.02, with returns of 9.9% over the past week and 15.4% over the past month, while returns year to date and over the past year have declined 1.8% and 30.5% respectively. These swings come as investors continue to reassess long term expectations for Wendy's...
Why Wendy's Stock Is Back on Investor Radars Wendy's (WEN) stock has drawn fresh attention after recent trading left shares around US$8.02, with short term returns showing mixed signals across the past week, month, and past 3 months. See our latest analysis for Wendy's. Recent trading has been more upbeat, with a 15.4% 30 day share price return and a 7.22% 90 day share price return. However, this sits against a 30.48% decline in 1 year total shareholder return and deeper 3 and 5 year...
The last few years haven't been great for fast-food giant Wendy's, which shared in February that it planned to close 5%-6% of its locations in 2026. Twenty years ago, the company's stock began to plummet, spending most of 2008 to 2012 in dire straits. Starting in 2013, though, it started a steady ...
Shares of fast-food chain Wendy’s (NASDAQ:WEN) jumped 13.5% in the morning session after a report indicated that activist investor Nelson Peltz's Trian Fund Management was exploring a potential bid to take the fast-food chain private.
Wendy's signed an agreement to open up to 1,000 locations in China over the next decade.
Activist investor Nelson Peltz and Trian Fund Management are exploring a potential bid to take Wendy's (NasdaqGS:WEN) private. Trian is reportedly in talks with external investors to secure financing for a possible transaction. The discussions are described as preliminary but represent a material development for existing Wendy's shareholders. For investors watching Wendy's, the reported take-private talks come after a mixed share price profile. The stock closed at $8.11, with the share...
The all-time high for Wendy's stock (NASDAQ: WEN) was $29.46 back in June 2021. Today, it trades around $8. That's a brutal 70% collapse for one of the biggest fast-food brands in the world.
The fast food chain is in the middle of a turnaround plan that includes closing hundreds stores, but the moves have not done much to lift shares.
The Wendy’s Company (NASDAQ:WEN) is one of the best M&A target stocks to buy now. The Wendy’s Company (NASDAQ:WEN) moved back into the takeover spotlight on May 12 after Reuters reported, citing the Financial Times, that Nelson Peltz’s Trian Fund Management was exploring funding for a possible take-private bid for the fast-food chain. The report […]
Wendy’s stock rallied today on reports that Nelson Peltz is pushing to take the fast-food chain private. Here’s what it means for the company and WEN shares.
A billionaire investor might be about to make a bid for the fast-food chain.
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.16%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.87%. June E-mini S&P futures (ESM26 ) fell -0.16%, and June E-mini Nasdaq futures...
Consumer stocks were mixed late Tuesday afternoon with the State Street Consumer Staples Select Sect
Consumer stocks were mixed Tuesday afternoon, with the State Street Consumer Staples Select Sector S
Shares jumped 14% on the news, because when Peltz spends three years building a 16% stake and "exploring financing sources," the market knows he's not window shopping

Fast food companies reported strong first quarter earnings, their respective chief executives emphasizing the value being offered to consumers amid rising food costs, oil (CL=F, BZ=F) and gas prices (RB=F), and overall costs of living. Yahoo Finance Executive Editor Brian Sozzi brings on Senior Reporters Brooke DiPalma and Ines Ferré and B. Riley Wealth chief market strategist Art Hogan to talk more about the performance of fast food stocks.

Wendy's may have a bidder for its struggling business.
The activist investor firm, which already holds about 16% of Wendy's, has held talks with potential backers including investors in the Middle East
↗️ Venture Global (VG): The liquefied-natural-gas exporter, which stands to benefit from the closure of the Strait of Hormuz, is due to report results this morning, potentially shedding light on the strength of demand.
The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.29%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...
Wendy's (WEN) delivered mixed Q1 results as operational improvements and higher marketing investment
Investing.com -- JPMorgan has downgraded The Wendy's Company to “Underweight” from “Neutral,” warning that falling sales, weak franchise profitability, leadership uncertainty, and heavy debt could derail the burger chain’s recovery plans through 2028.