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Wendy's (WEN) impressive comps growth and focus on breakfast offerings continues to drive performance.
Wendy's stock rose 1% on Thursday morning. The stock is up 1.6% year to date compared with a 7% gain for the S&P 500. McDonald's ( MCD ) has gained 11.7% on the year amid sizzling sales globally.
Restaurant Brands International Inc. (RBI) is a Canadian-American multinational fast food holding company.It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the purchases of Popeyes and Firehouse Subs in 2017 and 2021, respectively.
Wendy's International, Inc. is the franchisor of Wendy's restaurants and the former parent company of Wendy's. It also owned Tim Hortons, Baja Fresh, and had a 70 percent stake in Cafe Express. The corporate headquarters is located in Dublin, Ohio, a suburb of Columbus. Wendy's International is owned by the Wendy's Company.
Mizuho Securities' Jeremy Scott maintains a Neutral rating on Wendys' stock with a price target lifted from $18 to $19. Bank of America's Gregory Francfort maintains at Neutral, price target ...
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Wendy's (WEN) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.