11:00 AM EST, 03/04/2025 (MT Newswires) -- Wendy's (WEN) is poised to see flat revenue growth this year due to lower unit growth expectations, RBC Capital Markets said Monday in an investor day preview.
The firm said that on Thursday, the company will host its analyst day with recent debates about US same-store-sales drivers, net unit growth, margin drivers and capital allocation strategy.
RBC said long-term targets "could be discounted to some degree" because of a relatively new management team, changing consumer value perceptions and volatile macroeconomic environment.
The firm said it expects "incremental color" on core menu investments, brand-new menu items and value offerings on Thursday.
RBC has a sector perform rating and a $17 price target on Wendy's stock.
The company's shares were up 1.9% in recent Tuesday trading.
Price: 15.22, Change: +0.29, Percent Change: +1.94