wendys
Wendy’s is following in the footsteps of ridesharing apps like Uber and Lyft by introducing surge pricing (also known as dynamic pricing, like Ticketmaster uses) in 2025. This means that menu prices for iconic Wendy’s items like the Frosty, Baconator, or the spicy chicken nuggets will change based on location, time, and demand. Factors such as weather, busy lunch hours, and more can affect fluctuating prices. According to USA Today, Wendy’s CEO Kirk Tanner revealed the news earlier this month. READ MORE: McDonald’s to Eliminate Self-Serve Soft Drinks at All Locations “As we’ve previously share...
PopCrush
Key Points Wendy’s reported its first quarter 2023 earnings results; satisfying results are reflected in the stock rallying by as much as 3% on Wednesday’s session.Systemwide and comparable sales growth kept up with inflation rates throughout the year, successfully executing pricing power and digital sales expansion to deliver shareholder value.Improving margins and free cash flow led management to double the dividend payout from a year prior. Outlooks for 2023 point to additional share repurchases and double-digit growth in EPS; analyst targets may be conservative considering.These fundamenta...
ValueWalk
Wendy’s Falls On Weak Results And GuidanceWendy’s (NASDAQ:WEN) is still growing but the growth story propelling the stock has come to an end. The company’s Q1 earnings report reveals that not only is revenue growth slowing in the face of a growing store count but inflation continues to cut into the bottom line. The company’s FCF fell more than 50% this quarter on a combination of factors that include higher commodity costs, higher labor costs, and a lower comp-customer count that suggest higher prices are having an impact on demand, be it higher prices for Wendy’s burgers, higher prices for ga...
ValueWalk
Dublin, Ohio – The Wendy’s Company reported this afternoon that they experienced a surge in “fryer cook” applications due to the recent Dogecoin price plummet. “It was really strange actually,” Meghan Hones, HR Rep stated. “Once Dogecoin started to fall a surge of new applications just started to come in. It was nothing like we have ever seen.” Q1 2021 hedge fund letters, conferences and more Dogecoin Price In A FreefallThe price of Dogecoin has been in freefall mode since last night. The reason? No one really knows. Some say it from less traders playing the market due to the economy reopening...
ValueWalk
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