THE WENDY'S COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS

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Wendy's (WEN) releases worse-than-expected earnings and guidance, shares fall

February 15, 2024 8:23 AM EST

Wendys (NASDAQ: WEN) shares slipped 2.2% ahead of the market open on Thursday after the fast-food restaurant chain reported Q4 earnings and revenue that missed Wall Streets expectations.

Earnings per share (EPS) were reported at $0.21, falling short of the consensus estimate of $0.23. The company's revenue for the quarter was $540.7 million, also below the estimated $547.03 million.

The company has... More

Wendy's (WEN) Misses Q4 EPS by 2c

February 15, 2024 7:03 AM EST

Wendy's (NASDAQ: WEN) reported Q4 EPS of $0.21, $0.02 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $540.7 million versus the consensus estimate of $547.03 million.

During 2024 the Company Expects:

Global systemwide sales growth: 5 to 6 percentAdjusted EBITDA: $535 to $545... More