Wendy's (WEN) Stock Falls After Sales Decline
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/3/2026
- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- Equities close higher as softer jobs data quiets rate-hike expectations
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Tanker struck by projectile in Strait of Hormuz
- AppLovin shares fall after court denies request against Unity
Wendy's U.S. sales disappoint as inflation curbs customer traffic
August 10, 2022 7:06 AM EDT(Reuters) - Wendy's Co missed Wall Street estimates for quarterly U.S. same-store sales growth on Wednesday, as inflation-hit Americans cut their trips to its diners selling hamburgers and fries that got more expensive in the last few months.
Lower-income households are avoiding discretionary purchases and cooking more at home as prices of everyday essentials surge, which has affected Wendy's that... More
Wendy's (WEN) Tops Q2 EPS by 2c, Offers Guidance
August 10, 2022 7:04 AM EDTWendy's (NASDAQ: WEN) reported Q2 EPS of $0.24, $0.02 better than the analyst estimate of $0.22. Revenue for the quarter came in at $537.8 million versus the consensus estimate of $539.22 million.
GUIDANCE:
Wendy's sees FY2022 EPS of $0.84-$0.88, versus the consensus of $0.83.
Global systemwide sales growth:... More