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Wendy's Is The Latest Fast-Food Company To Adopt Artificial Intelligence In Their Stores As Restaurants Continue To Struggle With Staffing Shortages
Thursday, August 3, 2023 - 3:09pm | 661Every year, Wendy's serves millions of customers at nearly 7,000 restaurants around the globe. Now, the company is taking a massive step forward. It's partnering with Google to bring artificial intelligence (AI) to a drive-thru at one of the company's Columbus, Ohio-area restaurants. If everything...
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Where's The Beat? Channel Checks Suggest Strong Sales At Wendy's
Friday, September 15, 2017 - 9:37am | 401Analysts at Longbow Research turned bullish on fast food chain Wendys Co (NASDAQ: WEN) after conducting first hand checks and conversations with franchisees. Alton Stump upgraded Wendy's stock from Neutral to Buy with a new $18 price target. Following conversations and checks with Wendy's...
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Wendy's Impresses With Beefy Top-Line In Q1
Thursday, May 11, 2017 - 11:17am | 331Wendys Co (NASDAQ: WEN)'s earnings report on Wednesday helped boost shares to an all-time high of $16.12 and received a nod of approval from one of the Street's most notable restaurant analysts. Stephens' Will Slabaugh maintains an Overweight rating on Wendy's stock with a price target boosted from...
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Wendy's Reports Mixed Q4 Report
Thursday, February 16, 2017 - 9:18am | 269Fast food hamburger chain Wendys Co (NASDAQ: WEN) reported preliminary results for its fourth quarter. Wendys reported it earned $0.08 per share in the fourth quarter on revenue of $309.9 million. Wall Street analysts were expecting the company to earn $0.09 per share on revenue of $308.5 million....
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Wendy's Says Presidential Election Is Hurting Sales
Thursday, August 11, 2016 - 12:31pm | 357There are many reasons why restaurant sales are facing pressure - including food safety concerns following the Chipotle fallout, a trend towards workers bringing their own food to work, and economic uncertainty forcing consumers to save a few extra dollars instead of dining out. The CEO of...
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McDonald's Is Behind The Spicy Trend...And It Could Hurt Sales
Sunday, August 23, 2015 - 11:54am | 400TheStreet's Brian Sozzi argued last week that McDonald's Corporation (NYSE: MCD) lags competitors in the spicy food trend – a mistake that may hurt its performance. At present, McDonald's is only testing a Spicy McChicken sandwich in select markets as a limited-time offer, according to McDonald's...