Wendy’s Co (WEN)

Re: Wendy’s Co (WEN)

Postby winston » Sun Sep 15, 2019 9:36 am

vested

Here's What Wendy's Franchisees Told Longbow Analysts About The Breakfast Rollout

by Jayson Derrick

The four key takeaways from the conversations include:

1. Spicy chicken nuggets are performing well after launching on Aug. 12 and could have contributed a 100 to 150 basis point lift in comps along with higher traffic and better average ticket size.

2. Franchisees expressed an "admittedly surprisingly positive view" of breakfast.

3. Franchise owners are positive on breakfast from a combination of a simple menu, notably lower food cost in terms of a percentage of sales, expectations for only a modestly higher labor related expense, and a nationwide roll out instead of regional.

4. A multi-day part advertising campaign will help mitigate incremental dollars spent by either corporate or franchisees next year.

Stump's interactions with franchisees makes the case for franchised same-store sales to be up 3.0% to 3.5% in the third quarter, the analyst wrote.

A growth rate of 3.0% or more would be viewed favorably by investors and mark continued momentum after flattish performance in the back half of 2018.


Source: Benzinga

https://finance.yahoo.com/news/heres-we ... 31481.html
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118526
Joined: Wed May 07, 2008 9:28 am

Re: Wendy’s Co (WEN)

Postby behappyalways » Thu May 11, 2023 6:46 pm

Wendy's Unveils Google-Powered AI Chatbot At Drive-Thru
https://www.zerohedge.com/markets/wendy ... drive-thru
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39914
Joined: Wed Oct 15, 2008 4:43 pm

Previous

Return to S to Z

Who is online

Users browsing this forum: No registered users and 8 guests