Welcome to our dedicated page for Wendys news (Ticker: WEN), a resource for investors and traders seeking the latest updates and insights on Wendys stock.
The Wendy's Company operates, develops, and franchises Wendy's quick-service restaurants serving hamburgers, chicken sandwiches, nuggets, fries, Frosty desserts, beverages, breakfast items, and kids' meals. News for WEN commonly covers systemwide sales, company-operated restaurant sales, franchise royalties and fees, advertising fund activity, restaurant development, and performance across Wendy's U.S., Wendy's International, and Global Real Estate & Development.
Company updates also feature menu launches and limited-time items such as Frosty variations, Spicy Chicken Sandwich upgrades, seasonal beverages, and promotional partnerships tied to the Wendy's app and national brand campaigns. Corporate news includes earnings releases, outlook commentary, franchise agreements, operational initiatives, and governance or leadership updates.
Conagra Brands (NYSE: CAG) has announced a partnership with Wendy's to launch Wendy's famous chili in grocery stores nationwide. This collaboration aims to satisfy consumer cravings by offering a product that boasts 29g of protein per can, made with all-natural beef and a blend of peppers and beans. The chili will be available at retailers starting Spring 2023, priced at a suggested retail price of $4.99 per can. Both company representatives express excitement about bringing this beloved menu item from restaurants to homes. The partnership highlights Conagra's focus on innovation and expanding its product offerings, continuing to adapt to changing food preferences.
The Wendy's Company released its 2022 Corporate Responsibility Report, highlighting progress in its Good Done Right ESG strategy focused on Food, People, and Footprint. Key achievements include:
- Successfully transitioned its pork supply chain away from sow gestation stalls in the U.S. and Canada.
- Nearly doubled new franchise candidates through the Own Your Opportunity initiative, promoting diversity.
- Set goals to cut greenhouse gas emissions by 47% by 2030.
- Raised over $8.2 million for the Dave Thomas Foundation for Adoption.
The company aims for continued growth while enhancing sustainability practices and inclusivity within its franchisee program.
Wendy's has launched its 'Mercury Menu' deals to help fans navigate the challenges of Mercury in Retrograde. From April 21 to May 14, customers can enjoy weekly offers available via mobile ordering, featuring popular items.
Weekly promotions include:
- April 21-23: BOGO $1 Premium Sandwich
- April 24-30: Free Crispy Chicken Sandwich with purchase
- May 1-7: Free 6 Pc. Chicken Nuggets with purchase
- May 8-14: Free Any Size Hot & Crispy Fry with purchase
Wendy's commits to freshness and quality while providing comfort food options throughout this astrological phenomenon.
The Wendy's Company (Nasdaq: WEN) will announce its first quarter 2023 results before markets open on May 10, 2023. A conference call is scheduled for 8:30 a.m. ET on the same day, which will be accessible via the Company's Investor Relations website, www.irwendys.com. Domestic callers can dial (844) 200-6205, while international participants should call (929) 526-1599, using event ID 149252. Archived materials, including a webcast presentation, will also be available on the website.
This update underscores Wendy's commitment to transparency and investor engagement as it aims to strengthen its market position.
The Wendy's Company (Nasdaq: WEN) announced on March 23, 2023, that it has expanded its Board of Directors from 11 to 12 members with the election of Michelle Caruso-Cabrera. Caruso-Cabrera, who is the CEO of MCC Productions LLC and an Emmy-winning producer, brings over 20 years of experience in business and financial journalism, including contributions to CNBC. Wendy's Chairman Nelson Peltz expressed enthusiasm for her insights as the company seeks to grow globally. Caruso-Cabrera also serves on the Ballet Hispánico Board and advises the IE Business School in Madrid, emphasizing her broad expertise in communications and international business.
Wendy's has reintroduced its popular $3 Breakfast Deal, featuring a choice of Bacon or Sausage, Egg & Swiss Croissant along with seasoned potatoes. This deal is available at participating locations from March 27 to June 4, during breakfast hours. The offering aims to attract breakfast lovers by providing fresh ingredients at an affordable price. Customers can order through the Wendy's mobile app, online, or in-store.
Wendy's announced the launch of three new menu items on March 28: Blueberry Pomegranate Lemonade, Grilled Chicken Ranch Wrap, and Grilled Chicken Cobb Salad. The lemonade offers a fruity twist on the classic, while the grilled chicken wrap features diced chicken, cheddar cheese, lettuce, and ranch sauce, providing a flavorful option for on-the-go customers. The Cobb salad includes smoked bacon, tomatoes, grilled chicken, and crispy onions, aimed at refreshing the salad lineup. Wendy's emphasizes its commitment to flavor innovation and customer satisfaction, leveraging its Wendy's Rewards program to enhance customer engagement.
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The Wendy's Company announced its participation in NCAA March Madness with exclusive promotional deals available through its app. The highlight is the $1 Dave's Single offer, valid until April 5, 2023, that can be redeemed weekly. Other promotions include free nuggets with a $10 purchase, discounts on breakfast combos, and deals for kids. Wendy's emphasizes the quality of its fresh, never frozen beef, aiming to strengthen customer engagement during the tournament season. The campaign is endorsed by former NBA star Reggie Miller, continuing a tradition of innovative marketing during March Madness.
The Wendy's Company (Nasdaq: WEN) reported strong results for Q4 and full year 2022, driven by robust breakfast sales and a record digital business. Notable achievements include a 7.2% increase in U.S. systemwide sales and 16.8% growth internationally. Total revenues rose to $2.1 billion, a 10.5% increase from 2021, while adjusted earnings per share improved by 37.5% to $0.22. The company announced a 100% increase in its quarterly dividend to $0.25. However, net income decreased by 20.8% due to higher tax rates and increased interest expenses. Wendy's plans to enhance organizational efficiency with a redesign and aims for accelerated growth through strategic initiatives.