Form 8-K Wendy's Co For: Aug 10
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Goldman Sachs Removes Wendy's (WEN) from Conviction Buy List
August 11, 2016 8:16 AM EDTGoldman Sachs downgraded Wendy's (NASDAQ: WEN) from Conviction Buy to Buy with a price target of $11.00 (from $12.50). Analyst Karen Holthouse remains bullish on the stock but pointed out limited comp visibility.
"We continue to see a compelling longer-term cash flow story for WEN, with... More
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
