The Wendy's Company (WEN) is likely to benefit from solid comps growth, strategic pricing actions and Breakfast daypart offerings. This and the focus on digital initiatives bode well. However, high labor costs are a concern.Let us discuss the factors that highlight why investors should retain the stock for the time being.Growth CatalystsWendy’s continues to impress investors with robust global same-restaurant sales growth. During the fiscal fourth quarter, Same-restaurant sales at international restaurants ...

Just in time for the first day of spring, Wendy's newest seasonal Frosty innovation joins menus March 19DUBLIN, Ohio, March 19, 2024 /PRNewswire/ -- Travel back in time with sweet, nostalgic flavors of Wendy's® new Orange Dreamsicle Frosty®, available nationwide beginning Tuesday, March 19. A beloved childhood classic meets the iconic cool, creaminess of Frosty with Wendy's new, spring-inspired seasonal flavor. The newest Frosty innovation packs a spoonful of sweet orange notes combined with the classic smo ...

Restaurant teams and Frosty fans raised $22.6 million benefiting The Dave Thomas Foundation for AdoptionDUBLIN, Ohio, March 12, 2024 /PRNewswire/ -- Continuing a more than 30-year history of supporting foster care adoption, Wendy's® helped raise a record-breaking $22.6 million benefiting the Dave Thomas Foundation for Adoption® over the last year including fundraising programs like "Make A Biggie Difference" sponsored by Coca-Cola® and Keurig Dr Pepper®, coin canister collection, Boo! Books®, and Frosty® Ke ...

In late February, Wendy’s management team surprised both customers and investors with a clarification. The fast-food chain announced wrote to CNN that “Wendy’s will not implement surge pricing, which is the practice of raising prices when demand is highest. […] It was never our plan to raise prices when customers are visiting us the most.” Surge pricing is the practice of increasing prices when demand is high and decreasing them when prices are low. Basically, it’s a form of “dynamic” pricing. Customers of ...

Fans can score March Madness deals now through the NCAA tournament with offers in the Wendy's AppDUBLIN, Ohio, March 4, 2024 /PRNewswire/ -- It's almost time for tipoff! While fans are busy researching teams for brackets, getting their gear ready, and prepping their watching schedule, Wendy's® is fueling the fandom with March Madness® deals all month long!To celebrate the biggest basketball tournament of the year, Wendy's fans can score a $1 Dave's Single® or a $2 Dave's Double® with Wendy's app offers*. ...

Wendy's criticized for suggesting that dynamic pricing would be part of its strategy in 2025 (Photo ... [+] by Bruce Bennett/Getty Images)Getty Images Wendy’s new president and CEO, Kirk Tanner, started his first month by firing up the public during the quarterly earnings call about a plan to use dynamic pricing to help increase the company’s margin opportunities. Many pundits have criticized the move since food is a non-discretionary category of spending and changing prices based on demand may unfairly dis ...

Key PointsWendy's stock rose nearly 2% on Feb 28 after the company said it would not be implementing surge pricing, clarifying earlier remarks from the CEO.A social media backlash erupted over potential surge pricing, with Reddit users likening it to Uber's pricing model.Analysts have a "hold" rating on Wendy's stock, with Wall Street eyeing a double-digit upside in the stock. 5 stocks we like better than Wendy'sWendy’s Company NASDAQ: WEN stock traded nearly 2% higher on February 28 as the fast-food mid-ca ...

Late in February 2024, the fast-food restaurant chain Wendy’s (NASDAQ: WEN) drew the attention and ire of the internet when it announced it would, in the future, start using artificial intelligence (AI) to adjust prices for menu items in a fashion similar to Uber (NYSE: UBER). Originally, Wendy’s implied that prices would decrease or increase based on myriad factors, including weather, time, demand, location, and so on, and would shift multiple times each day.Judging by the discussions on numerous social me ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

ToplineFast food chain Wendy’s clarified it isn’t planning to apply surge pricing to its food next year, after reports earlier this month led people to believe the price of their food would soon change based on demand.Wendy’s says that it has no plans to increase prices during the busiest times at its restaurants.Copyright 2021 The Associated Press. All rights reserved. Key FactsWendy’s said in a statement Tuesday that news of their dynamic pricing and new digital menu boards—which the company said would al ...