Wendys Co Stock Price, News & Analysis

Wendy's has launched a $3 Breakfast Deal, offering a Bacon or Sausage Egg & Swiss Croissant with a side of Seasoned Potatoes. Available from October 24 to November 20, this promotion is available at participating locations nationwide during breakfast hours. Customers can order via the Wendy's mobile app, online, or at the restaurant. This value-driven promotion aims to attract more breakfast customers with quality ingredients, aligning with Wendy's commitment to providing fresh food.

The Wendy's Company (Nasdaq: WEN) will announce its third quarter 2022 results on November 9, 2022, before market opening. A conference call is scheduled for 8:30 a.m. ET, with a simultaneous webcast available on the Company's Investor Relations website. Domestic callers can join by dialing (844) 200-6205, and international callers can reach (929) 526-1599 using event ID 019746. Archived materials from the call will also be accessible on the website.

Wendy's is reintroducing its popular Boo! Books for Halloween, priced at $1 for a set of five Jr. Frosty® coupons. Proceeds support the Dave Thomas Foundation for Adoption, aiming to find homes for children in foster care. Last year, the campaign raised $5.8 million, and Wendy's aims to surpass that this season. Boo! Books can be purchased at participating Wendy's locations until October 31, 2022, with coupons redeemable until December 31, 2022.

Wendy's has reintroduced the popular Pretzel Bacon Pub Cheeseburger to its menus nationwide, following strong fan demand. This burger features a unique pretzel bun, a quarter pound of fresh beef, Muenster cheese, Applewood smoked bacon, and special sauces. The release aims to satisfy customers' cravings while promoting Wendy's innovative Made to Crave lineup. The return follows a successful track record since its initial launch, highlighting Wendy's commitment to customer preferences. Orders can be placed via the Wendy's app, where customers can earn rewards.

The Wendy's Company partners with Adult Swim's Rick and Morty to launch limited-edition drinks and combo meals in celebration of the show's sixth season. Available exclusively via Uber Eats from September 7 to September 11, 2022, the offerings include two unique Coca-Cola® Freestyle® flavors: Portal Time Lemon Lime and Froopyland Froopunch. Customers can enter a contest to win exclusive merchandise by ordering from the 'Morty's' menu on Uber Eats. This collaboration follows last year's successful partnership, enhancing Wendy's brand engagement through popular culture.

The Wendy's Company announced a new global restaurant design standard called Global Next Gen, aimed at enhancing customer, crew, and digital experiences. Starting Fall 2022, the modern restaurant builds will focus on convenience and speed through features like a Delivery Pick-Up Window and Dedicated Mobile Order Pickup. The first Global Next Gen restaurant is set to open in New Albany, Ohio, in Spring 2023. CEO Todd Penegor emphasized the initiative's role in expanding Wendy's footprint globally and improving operational efficiency for franchisees.

The Wendy's Company (Nasdaq: WEN) reported its second quarter results for 2022, highlighting a 9% increase in total revenues to $537.8 million, largely driven by higher sales at Company-operated restaurants and franchise royalties. However, net income fell 26.7% to $48.2 million, affected by increased costs and higher interest expense. The Company's restaurant margin decreased to 14.5%. Notably, the company declared a quarterly dividend of 12.5 cents per share, payable on September 15, 2022. The report reflects continued challenges amid economic conditions but positive long-term growth potential.

The Wendy's Company (Nasdaq: WEN) is set to release its second quarter 2022 results on August 10, 2022, before market opens. A conference call will take place at 8:30 a.m. ET that day, accessible via telephone at (844) 200-6205 for domestic calls and (929) 526-1599 for international calls, using event ID 180755. Updated information about the call can be found on the Company's Investor Relations website, where presentation materials will also be available.