Wendy's Company Stock News

The Wendy's Company (NASDAQ:WEN), the US fast-food chain, faces a longer and more expensive turnaround as Jefferies cuts earnings forecasts and lowers its price target to $6.50 from $7.50. The broker maintains a 'hold' rating, arguing that soft quick-service restaurant (QSR) industry trends, potential franchise closures and higher investment requirements warrant a more conservative outlook unde...

The legal feud between Wendy's and one of its largest franchisees got particularly frosty this week after the fast food giant tried to intervene in a round of store closures that are planned for this weekend.

Fast food giant Wendy's faced a fresh wave of permanent store closures on Friday for the second weekend in a row as one of its biggest franchisees scrambled to restructure operations in the aftermath of a Chapter 11 bankruptcy filing.

I tried the signature burgers from three fast-food chains: McDonald's, Wendy's, and Burger King. I thought McDonald's Big Mac was underwhelming and needed more sauce.

E.l.f. Beauty released an album titled "Mirror Mix" as the brand looks to increase its marketing spend for the rest of the year. Gap and Wendy's also announced ventures into music in recent weeks, part of a wave of retailers finding new ways to engage customers.

A sprawling Wendy's franchisee that sought Chapter 11 bankruptcy protection earlier this month could close as many as 30 restaurants over the next few weeks as part of a cash collateral agreement, new court filings reveal.

Restaurants are struggling with higher prices for ingredients and labor, as well as the wellness trend the need for innovation:

Despite being the third-largest fast-food hamburger chain in the world and the second-largest in the U.S. after McDonald's, Wendy's has struggled lately with declining sales and a shrinking store footprint.