Wendy's: Hitting A Cyclical Soft Patch
WENWendy’s(WEN) Seeking Alpha·2024-08-28 15:06
jetcityimage/iStock Editorial via Getty ImagesI thought Wendy's (NASDAQ:WEN) looked cheap enough when I opened on it with a 'Buy' rating late last year. Sure, there is a lot that is so-so here, including unit economics and growth prospects, but these shares were offering up a 5% dividend yield back then, and that really didn't require too much supplemental growth from the business in order to work for investors. The stock has definitely disappointed in that time. This isn't an easy period for quick-serv ...