Wendy's (WEN) tops Q2 profit expectations on strong same-restaurant sales momentum
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Wendy's (WEN) Tops Q2 EPS by 1c; offers guidance
August 9, 2023 7:03 AM EDT(Updated - August 9, 2023 9:16 AM EDT)
Wendy's (NASDAQ: WEN) reported Q2 EPS of $0.28, $0.01 better than the analyst estimate of $0.27. Revenue for the quarter came in at $561.57 million versus the consensus estimate of $566.37 million.
GUIDANCE:
Wendy's sees FY2023 EPS of $0.95-$1.00,... More
Walt Disney reports, Honda earnings, Wendy's: 3 things to watch
August 8, 2023 3:56 PM EDTInvesting.com -- Stocks gave back some of Monday's gains as investors prepared for the consumer price index report for July this week.
But before that, bank stocks were weighed on Tuesday by a downgrade on several banks by Moody's Investors Service, citing rising interest rates that put pressure on asset-liability management. Investors are worried that a worsening view on the banking sector could result in a pullback in credit, sparking an... More
