Goldman Sachs Removes Wendy's (WEN) from Conviction Buy List
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
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- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
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- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
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- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
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Wendy's (WEN) Tops Q2 EPS by 1c; Boosts FY16 EPS Outlook Midpoint
August 10, 2016 7:34 AM EDTWendy's (NASDAQ: WEN) reported Q2 EPS of $0.10, $0.01 better than the analyst estimate of $0.09. Revenue for the quarter came in at $382.7 million versus the consensus estimate of $367.67 million.
Same-restaurant sales increased 0.4 percent at North America system restaurants in the second quarter of 2016. On a two-year basis, second-quarter... More