The Wendy's Company Reports Third-Quarter 2016 Results
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RBC Capital Remains Sidelined on Wendy's (WEN) Following 3Q
November 10, 2016 7:34 AM ESTRBC Capital reiterated a Sector Perform rating and $11.00 price target on Wendy's (NASDAQ: WEN) following the company's 3Q earnings report and conference call. RBC raised 2017 EPS estimates for the company from $0.43 to $0.44, largely due to accelerated share repurchase activity. 4Q16 EPS and SSS growth estimates remain... More
Wendy's (WEN) Raises Quarterly Dividend 8.3% to $0.065; 2.3% Yield
November 9, 2016 7:38 AM ESTWendy's (NASDAQ: WEN) declared a quarterly dividend of $0.065 per share, or $0.26 annualized. This is an 8.3% increase from the prior dividend of $0.06.
The dividend will be payable on December 15, 2016, to stockholders of record on December 1, 2016, with an ex-dividend date of November 29,... More
Wendy's (WEN) Tops Q3 EPS by 1c; Announces $150M Stock ASR, Boosted Dividend
November 9, 2016 7:37 AM ESTWendy's (NASDAQ: WEN) reported Q3 EPS of $0.11, $0.01 better than the analyst estimate of $0.10. Revenue for the quarter came in at $364 million versus the consensus estimate of $350.35 million.
Same-restaurant sales increased 1.4 percent at North America system restaurants in the third quarter of 2016. On a two-year basis, third-quarter 2016 same-restaurant sales increased 4.5 percent for the North America... More
