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08.12.25 - 22:09
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Wendy′s Data Pinpoints When Working-Poor Customers Ditched "Dave′s Single" Burger (ZeroHedge)
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Wendy's Data Pinpoints When Working-Poor Customers Ditched "Dave's Single" Burger
Readers have been well informed about the bifurcated consumer landscape, where financial conditions look relatively stable for upper-middle-class and wealthy households. But for anyone earning less than $100,000 a year, financial misery persists, with many pressures lingering after four years of the disastrous Biden-Harris regime era.
Last week at the Barclays 11th Annual Eat, Sleep, Play, Shop Conference in New York City, fast-food chain Wendy's Co.'s top executives participated in a fireside chat. They offered a clearer view of the consumer environment backed by Wendy's own proprietary data, only to reveal yet more evidence of the "K-shaped" economy.
Ken Cook, the interim chief executive officer and chief financial officer, Suzie Thuerk, the chief administrative officer and head of financial planning and analysis, and Aaron Broholm, the head of investor relations at Wendy's, offered no...
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21.11.25 - 20:15
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Did Wendy′s Just Lose The QSR War (ZeroHedge)
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Did Wendy's Just Lose The QSR War
Fast-food chains are locked in a fierce multi-year battle for low- and middle-income consumers, rolling out value meals and discounts to protect market share. But as budget-conscious customers pull back on spending, one apparent casualty of this fight has emerged: Wendy's.
Wendy's third-quarter results showed net sales down 4.4%, with same-restaurant sales falling 4.7%, driven by weaker foot traffic and higher labor costs.
Interim CEO/CFO Ken Cook told investors that the fast-food chain with 6,000 US stores faces "urgency" to return to growth.
"I am pleased by the strong performance as we continue to prioritize accelerating international expansion. In our U.S. business, sales remain under pressure," Cook told investors on a recent earnings call.
He noted, "And we are acting with urgency to return U.S. comp sales to growth. We are making meaningful progress on key actions to enhance the customer experience, and we are seeing this ...
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14.11.25 - 12:15
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Weekly Recap: 12 Consumer Press Releases You Need to See (PR Newswire)
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A roundup of the most newsworthy consumer and retail announcements from PR Newswire this week, including Wendy's first-ever "Frosty Day," BRACH's candy cane opener, and Target's price reduction on food and essentials. NEW YORK, Nov. 14, 2025 /PRNewswire/ -- With thousands of press......
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10.11.25 - 20:54
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Wendy′s to close hundreds of US stores in bid to halt falling profit (AP)
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Wendy's plans to close hundreds U.S. restaurants over the next few months in an effort to boost its profit. The Dublin, Ohio-based chain said during a conference call with investors Friday that it planned to begin closing restaurants in the fourth quarter of this year. The company said it expected a “mid-single-digit percentage” of its......
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