So much for dining out on a dime. Menu prices are up significantly, 12.9%, at fan favorites like Wendy’s (WEN), Chick-fil-A, Taco Bell, Burger King and McDonald’s (MCD). The most expensive of the five fast food joints? Wendy’s. Over the past year the cost to dine at the Dublin, Ohio-based chain increased by 35%, making it the largest bump across the Big Five this year. That’s according to new data from Pricelisto.com, which gathered the data from in-store visits, phone interviews and uploaded… Source link
Read More »Wendy’s maintains stock surge, up 10% on potential acquisition as analysts weigh in
Wendy’s (WEN) is continuing its stock surge as investors mull a possible takeover deal. On Wednesday, the fast food giant jumped in pre-market trading, climbing as much as 15%, after its largest shareholder Trian Fund Management announced that it will be exploring a potential acquisition. The company continued to soar after the bell, gaining 8.1% at the open — its biggest gain since June 8. Shares remained in the green throughout the morning session, up about 10% in early afternoon trading. Source link
Read More »Wendy’s adds 2 new items in big bet on breakfast — and chicken sandwiches
Wendy’s (WEN) — the self-proclaimed “Queen of Spice” — is adding two new menu entrees: a hot honey chicken biscuit breakfast sandwich and a chicken sandwich. Dubbed the “hot honey duo,” the latest entrants into the chicken sandwich wars will retail for $5.99 (chicken sandwich) and $3.19 (chicken biscuit), hitting Wendy’s locations nationwide on February 8th. Both options include what the company says is the “sweet taste of honey with a fiery habanero kick” and will be a part of the ‘Made… Source link
Read More »Wendy’s, Kellogg's team up for Frosty breakfast cereal – Yahoo Finance
It’s the collaboration consumers never knew they needed: a breakfast cereal based on a sweet treat made from a fast-food giant. Kellogg’s (K) and Wendy’s (WEN) are teaming up for the Frosty Chocolatey Cereal. The two brands announced the dessert turned breakfast meal on Tuesday — but consumers will have to wait until December to take a spoonful of the chocolatey collaboration, when it’s set to hit retailers’ shelves nationwide. And the crispy, cocoa-coated round cereal bites, combined… Source link
Read More »Activision, Boeing, Carvana, Moderna, Wendy’s And More
This weekend’s Barron’s cover story takes a close look at what it will take to fix Boeing. Other featured articles discuss reliable growth stocks, whether inflation is different this time and who has the early lead in the metaverse. Also, see the prospects for a COVID-19 vaccine maker, a real estate investment trust, a video game leader, a fast-food chain and more. “Boeing’s Fix-It Job: How the Company Can Win the Future” by Al Root explores why shares in Boeing Co (NYSE: BA), the world’s… Source link
Read More »Wendy’s stock is poised to sizzle: analyst
One of the newer members of the meme stock movement of 2021— Wendy’s — has more opportunities to sizzle. That’s the good word from Guggenheim analyst Gregory Francfort, who initiated coverage of Wendy’s (WEN) on Tuesday with a Buy rating and $26 price target. At current prices, the analyst is looking for an approximate 20% upside move in shares of the square-shaped burger serving chain. Shares of Wendy’s are up 5% year-to-date, giving back a good portion of the gains that happened in… Source link
Read More »Wendy’s just became the first fast food meme stock — but there is a catch
Beloved burger and Frosty chain Wendy’s (WEN) has won the honor of being the first fast-food stock to get roped into the red-hot meme stock trade. Shares of Wendy’s spiked 16% in early afternoon trading on Tuesday after a favorable mention by traders on Reddit. The Wendy’s ticker page was the second most trafficked on the Yahoo Finance platform, behind other meme crowd favorite Clover Health (whose stock popped 55% out of nowhere). Wendy’s stock outperformed the slight decline in meme stock… Source link
Read More »AMC, Wendy’s Lead Rally as Meme Stocks Rise for a Second Day
(Bloomberg) — AMC Entertainment Holdings Inc. rose for a second day and Wendy’s Co., the latest addition to the retail-trader frenzy, climbed to a record amid a broader rally in meme stocks. Shares of the theater chain rose as much as 10%, adding to Monday’s 15% gain and continuing what’s been a wild ride for investors. Wendy’s jumped as much as 19% to notch a record as the fast-food restaurant operator gained traction on social media, including several touts on Reddit’s… Source link
Read More »Why people are obsessed with chicken sandwiches: Wendy’s CEO
The chicken sandwich wars are in full swing across the country. And that definitely doesn’t come as a shock to Wendy’s CEO Todd Penegor. “It’s easy, quick to make. You can serve it fresh and hot and you can do some unique builds along the way,” Penegor told Yahoo Finance Presents on why the fast-food industry is in love with selling new chicken sandwiches going on more than a year. To be sure, the resounding success Popeye’s had with its fried chicken sandwich in late 2019 and in 2020 sent… Source link
Read More »Burger King, Wendys ramp up the competition in the chicken sandwich wars
Burger King (QSR) on Wednesday jumped into the widening chicken wars with a new hand-breaded sandwich — just as McDonald’s is expected to debut its own version, and on the same day Wendy’s rolled out an update to its menu item. The battlefield for the hearts and stomachs of consumers is growing more fierce, with a clutch of fast food giants unveiling competitors for Popeye’s wildly popular sandwich. As a result, Burger King is planning to release the item nationwide later this year, after a… Source link
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