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.
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Roku and DoorDash have announced a multi-year partnership to enhance the TV experience for users by integrating interactive TV ads. Roku users can enjoy a complimentary six-month DashPass, providing $0 delivery fees on eligible orders. DoorDash will also serve as the exclusive ad solution partner for Roku's U.S. restaurants, enabling interactive click-to-order ads. Research indicates that 1 in 3 Roku users order food delivery weekly, and 36% are interested in interactive offers. Wendy’s is joining the initiative with exclusive promotions, such as $5 off purchases over $15. This collaboration aims to streamline food ordering directly from TVs.
Wendy's has launched a limited-time promotion offering two menu items for just $6. The deal, available starting February 6, 2023, includes options like Dave's Single, Spicy Chicken Sandwich, 10 PC. Chicken Nuggets, and Medium Lemonade. Customers can choose their favorite pairings, enhancing their dining experience at participating restaurants across the U.S.. This offer joins Wendy's existing value options such as the $4 and $5 meals. To participate, customers can visit Wendy's restaurants or order through the Wendy's mobile app.
The Wendy's Company (Nasdaq: WEN) has announced a 100% increase in its quarterly cash dividend to 25 cents per share, effective March 15, 2023. The announcement follows strong preliminary results for Q4 and fiscal year 2022, with global same-restaurant sales growth reaching double digits for the second consecutive year. The Company also approved a new $500 million share repurchase authorization, replacing the previous $250 million plan. Total revenues for Q4 rose by 13.4% to $536.5 million, and systemwide sales increased 8.4% globally. The planned organizational redesign aims to enhance growth strategy execution.
The Wendy's Company (NASDAQ: WEN) will announce its preliminary, unaudited fourth quarter and full year 2022 results on January 13, before market opening. A conference call is scheduled for the same day at 8:30 a.m. ET, with a webinar available on the Investor Relations website. Investors can access the call by phone at (844) 200-6205 domestically or (929) 526-1599 internationally. Presentation materials will also be accessible online.
The Wendy's Company is promoting a series of deals throughout January 2023, turning Friday the 13th into a special 'Fry-day' with free fries and other offers exclusively through its mobile app. Starting January 19, customers can receive various promotions including free nuggets and Jr. Bacon Cheeseburgers with specific fry purchases. Wendy's emphasizes the quality of its offerings and encourages participation via the app with account registration required for redemption. The offers are limited-time and available only at participating U.S. locations.
The Wendy's Company announced charitable donations to 16 organizations across the U.S. and Canada through its Community Giving Program. This initiative allows employees to nominate organizations for financial support ranging from $2,500 to $10,000. Since 2020, Wendy's has donated nearly $320,000 to over 75 organizations, reinforcing the company’s commitment to community support and the legacy of founder Dave Thomas.
Wendy's is reintroducing its Frosty Key Tag promotion for the 2023 season, available for just $2. This initiative offers fans a free Jr. Frosty with every purchase throughout the year, including the new Peppermint Frosty. Proceeds support the Dave Thomas Foundation for Adoption, dedicated to finding homes for children in foster care. The tags can be purchased in restaurants, via the Wendy's mobile app, or through the Foundation's website from now until January 29, 2023. This campaign aims to raise awareness and funds for adoption efforts in North America.
Wendy's introduces new Italian Mozzarella Chicken Sandwich, Italian Mozzarella Cheeseburger, and Garlic Fries, enhancing its Made to Crave lineup for winter 2022. These items feature flavors reminiscent of a homemade Italian dinner, including crispy chicken breast, fried mozzarella, marinara sauce, and garlic knot buns. The Garlic Fries, made with natural-cut fries, are coated in a garlic herb sauce. Wendy's aims to deliver unique culinary experiences and encourages ordering via their app for rewards. The innovative menu is part of Wendy's commitment to quality and customer satisfaction.
The Wendy's Company announced that seven restaurants in Central Florida are now sourcing renewable energy from Duke Energy Florida's Clean Energy Connection program. By early 2023, this will extend to ten restaurants, with a goal of 21 by the end of 2023 and approximately 35 by 2025. By then, Wendy's plans to source 6,363 kilowatts of clean energy. This partnership aims to reduce emissions and supports Wendy's corporate responsibility platform. The Clean Energy Connection program will support the operation of solar sites producing 749 megawatts of clean energy by 2024.