Here's Why Investors Should Retain Wendy's (WEN) Stock Now
Wendy’s(WEN) Zacks Investment Research·2024-03-21 01:26
The Wendy's Company (WEN) is likely to benefit from solid comps growth, strategic pricing actions and Breakfast daypart offerings. This and the focus on digital initiatives bode well. However, high labor costs are a concern.Let us discuss the factors that highlight why investors should retain the stock for the time being.Growth CatalystsWendy’s continues to impress investors with robust global same-restaurant sales growth. During the fiscal fourth quarter, Same-restaurant sales at international restaurants ...