Market news

One of the fast-food chain’s largest operators could close as many as 30 restaurants, new filings reveal. Five have already been identified.

Franchise economics are becoming a bigger turnaround challenge

"Songs to Listen to in the Wendy's Parking Lot" released on Sept. 23. Here's how to listen to the fast-food chain's new emo album.

Franchisee Meritage Hospitality Group said it could close or sell underperforming locations.

One of the largest U.S. franchisees for Wendy's has filed for bankruptcy protection after the restaurant chain tried to terminate its franchise agreement. Meritage Hospitality Group, which operates 314 Wendy’s restaurants in 15 states, said in a statement last week it intends to keep operating its restaurants and paying its 9,000 employees during the bankruptcy process. According to court documents, Wendy’s filed a notice of termination of the company’s franchise agreement “effective immediately” on Sept. 16.

Meritage Hospitality Group Inc., which operates 314 Wendy’s locations, one Bojangles and a handful of other restaurants.

Wendy’s remains a Hold as competitive pressures, shrinking sales, and high debt overshadow its low valuation. Read more on WEN stock here.

One of Wendy's biggest U.S. franchisees, Meritage Hospitality Group, filed for Chapter 11 bankruptcy protection.

Weak traffic is putting growing pressure on the franchise system

"Fans asked. Constantly," said Tariq Hassan, Wendy’s chief marketing and customer growth officer.

Hopes of a quick takeover at a premium were seemingly dashed, but is a bigger turnaround in the works?

The food, according to the lawsuit, was “not fit for the uses and purposes intended — human consumption.”

The restaurant chain may not receive the acquisition offer that investors expected.

Trian Fund Management just pulled the plug on a deal that had sent Wendy's stock soaring, and now investors are staring at a business the CEO has openly called a disappointment with no buyout floor to fall back on.

Bob Wright says Wendy's chased cost savings over quality, and lost its No. 2 spot to Burger King. Now he's rolling out a five-point fix.

Wendy's plunged following a Reuters report that Nelson Peltz's Trian Fund Management has no plans to make ‌a take-private bid for the company at this time.

A woman is suing Wendy's, alleging a double cheeseburger meal caused a bacterial infection and more than $93,000 in medical bills.

Wendy's CEO admits the food isn’t as good as it used to be—after falling to No. 3 among the nation’s burger chains.

Bob Wright says Wendy's traded ingredient quality for cost savings and has hired a former McDonald's executive as its new marketing chief

The 75-year-old brand has kept some money-losing restaurants open for a surprising reason.

Shares of fast-food chain Wendy’s (NASDAQ:WEN) jumped 5% in the afternoon session after Yahoo Finance reported that Nelson Peltz’s Trian Fund Management is assembling a group to take the company private. The burger chain also confirmed it is reviving its chief operating officer role as part of a wider management reset. The stock's rally reflects investor speculation about a potential buyout rather than a fundamental change in the company's day-to-day business, with the market treating the news a

Wendy's (NasdaqGS: WEN) announced the resignation of U.S. President Pete Suerken, who is leaving to join a major supply chain cooperative that serves the Wendy's system. The company is eliminating the U.S. President position and creating a new Chief Operations Officer role to oversee operational leadership. This leadership reshuffle is intended to reshape how Wendy's manages franchisee relations, supply chain coordination, and day to day operations. For readers watching how leadership...

Nelson Peltz is circling Wendy's with a take-private consortium even as the burger chain logs its sixth straight quarter of falling sales and shutters hundreds of restaurants. Whether deal fever or a genuine turnaround is driving this stock surge is the question every investor needs to answer before acting.

Wendy's is a live take-out candidate, with Trian Partners, Flynn Group, and BlueFive Capital forming a buyout consortium. See why I rate WEN stock a Buy.

Peltz spent two decades helping shape Wendy's into the burger conglomerate it is today. Now he's considering buying the rest of the struggling chain.

On August 7, Wendy’s (NASDAQ:WEN) held its second-quarter earnings call under new President and CEO Robert Wright, a Wendy’s veteran of 28 years who most recently ran Potbelly, joined by new CFO Steven Cirulis. Global systemwide sales fell 6.5%, and the company pulled its full-year outlook entirely. Wright did not soften the message: traffic is […]

Wrapping up Q2 earnings, we look at the numbers and key takeaways for the traditional fast food stocks, including Wendy's (NASDAQ:WEN) and its peers.

Shares of Wendy’s Co. jumped Wednesday after the Financial Times reported that activist investor Nelson Peltz is laying groundwork for a bid to take the fast-food chain private. According to the report, Peltz’s Trian Fund Management is assembling a consortium...

The Wendy’s Company (NASDAQ:WEN) just had its best week in months, with shares of the fast-food giant rising up to 16% on August 12 after the Financial Times reported that Nelson Peltz’s Trian Fund Management is putting together a proposal to take the company private. According to a separate report by Reuters, Trian is putting […]

Can Wendy's even survive?

When a Wendy’s paycheck wasn’t enough to cover college, his bosses cooked up an offer he couldn’t refuse.

A report from the FT on Wednesday that Trian Fund Management is prepping a bid to take Wendy's private send shares of the burger chain soaring.

Wendy’s shares also rallied in June following a Reddit-fueled meme-stock frenzy.

Peltz's relationship with Wendy's dates back to an activist campaign he led more than two decades ago.