SAN FRANCISCO (Reuters) - No. 3 hamburger chain Wendy's International Inc WEN, which is being acquired by the parent company of Arby's, posted a worse-than-expected drop in quarterly profit, hurt by commodity costs and restructuring charges. Second-quarter commodity costs jumped about...
By Lisa Baertlein SAN FRANCISCO (Reuters) - Hamburger chain Wendy's International Inc WEN and other U.S. restaurant companies posted mixed financial results on Tuesday as higher costs for everything from wheat to fuel continued to eat away profits. Wendy's, which is being acquired...
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DUBLIN, OHIO -- A year after a special board committee began weighing a possible sale of the company, Wendy's International has rejected a merger with Arby's or a newly proposed $900 million buyout, prompting rebuffed suitor Nelson Peltz to call for shareholders to decide Wendy's fate.
Wendy's Executives Lay Out Plan to Fuel TurnaroundPositive TurnaroundThe current management team for Wendy’s has been working hard on their turnaround for only 9 months and they are already showing great results. After 16 straight months of same store growth, appreciation in stock price, higher profits and positive earnings growth...
Hate it or love it, the Wendy's red-wig campaign gave the burger chain something it hadn't since Dave Thomas reigned: a personality. Sure, it was a weird, creepy personality, and it borrowed a bit too much from Burger King's look, but it was a person Hate...
Wendy's, the United States' third-largest hamburger chain, announced that it was considering selling the company to boost its strategic value. The company also reduced its earnings forecast for 2007 due to lower-than-expected same-store sales and higher commodity costs. The sale would help the chain compete against aggressive marketing...
DUBLIN, OHIO -- Wendy's International Inc., based here, has named foodservice veteran and former Wal-Mart Stores treasurer Jay Fitzsimmons its new chief financial officer and executive vice president.
The SEC has opened an investigation to determine whether Barclays broke insider-trading rules. The probe, which isn't public, has been underway for three years. Barclays is in talks to settle with the SEC. Earlier this week Barclays made a bid to acquire the Dutch bank ABN Amro.Kohlberg Kravis Roberts and...
En su camino a reducir siguificamente los transacidos grasos de su men, la cadena de comida rapida Wendy's se esta cambiando al aceite de cocinar no hidrogenado para las papas fritas y el pollo empanado que se venden en todos sus establecimientos en En su...
DUBLIN, Ohio -- Wendy's International, Inc. (NYSE:WEN) took the top spot for customer satisfaction in the "limited service restaurants" category in this year's American Customer Satisfaction Index ACSI survey.
DUBLIN, Ohio -- Wendy's International, Inc. (NYSE:WEN) today confirmed the distribution ratio for the special dividend of the 159,952,977 common shares of Tim Hortons Inc. (TSX:THI)(NYSE:THI) it owns. The shares represent an 82.75% ownership stake of Tim Hortons. Wendy's expects to distribute all the Tim Hortons shares it currently owns...
DUBLIN, OHIO -- Wendy's International, already in the midst of a massive organizational overhaul, is under renewed shareholder pressure to take more aggressive action to revive its ailing burger business and boost the company's stock price.
[Dublin, Ohio] Facing intense pressure from investors to restructure its restaurant portfolio, Wendy's International said it would offer 15% to 18% of its Tim Hortons doughnut chain in a public offering. The company also plans to restructure some of [Dublin, Ohio] Facing intense pressure from...
DUBLIN, Ohio -- Wendy's International, Inc. (NYSE:WEN) today announced that its Board of Directors has approved the distribution by special dividend to its shareholders of the 159,952,977 common shares of Tim Hortons Inc.(NYSE:THI)(TSX:THI) that it owns. The shares represent an 82.75% ownership stake of Tim Hortons. Wendy's will distribute all...
56% ... of AdAge.com respondents don't think Wendy's new "Mr. Wendy" character will succeed as a brand spokesman. The remaining 44% think the new pitchman may have what it takes to put Wendy's foremost in consumer's minds. 56% ... of AdAge.com respondents don't think...
More than 60 top U.S. restaurant, food, beverage and candy companies--including McDonald's, Campbell Soup, Kellogg, Kraft Foods, Sara Lee, PepsiCo, Wendy's and Hershey's--are the focus of a major Web-based campaign at www.DontPlantGMOBeets.org seeking to block this month's planting of genetically modified sugar beets. The genetically modified sugar beet crop would...
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