financetom
Business
financetom
/
Business
/
Wendy's Seen Posting Flat Revenue Growth in 2025, RBC Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Wendy's Seen Posting Flat Revenue Growth in 2025, RBC Says
Mar 4, 2025 8:27 AM

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

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
PayPal Faces Legal Challenge Over Race-Based Investment Program
PayPal Faces Legal Challenge Over Race-Based Investment Program
Jan 3, 2025
01:35 PM EST, 01/03/2025 (MT Newswires) -- PayPal ( PYPL ) is facing a federal lawsuit filed by Andav Capital and its Chief Executive Nisha Desai seeking to bar the company from knowing or considering race or ethnicity in any way for its investment program. PayPal's ( PYPL ) race and ethnicity-based investment program allegedly not only violate federal laws,...
Sector Update: Consumer
Sector Update: Consumer
Jan 3, 2025
01:35 PM EST, 01/03/2025 (MT Newswires) -- Consumer stocks were higher Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.5%. In corporate news, Rivian Automotive ( RIVN ) shares jumped 22% after its Q4 deliveries rose year-over-year and beat Wall Street estimates. ...
FEMSA Completes Sale of Plastics Solutions Operations to AMMI
FEMSA Completes Sale of Plastics Solutions Operations to AMMI
Jan 3, 2025
01:36 PM EST, 01/03/2025 (MT Newswires) -- Fomento Economico Mexicano (FMX), or FEMSA, said Friday it has completed the previously announced 3.17 billion Mexican pesos ($153.3 million) sale of its plastics solutions operations to AMMI. Shares of FEMSA were down 3.4% in recent trading. Price: 82.50, Change: -2.92, Percent Change: -3.42 ...
Market Chatter: Brookfield Asset Management Delays Citypoint Tower Sale After Bids Fall Short
Market Chatter: Brookfield Asset Management Delays Citypoint Tower Sale After Bids Fall Short
Jan 3, 2025
01:33 PM EST, 01/03/2025 (MT Newswires) -- Brookfield Asset Management ( BAM ) has delayed the sale of its Citypoint tower in London after bids failed to meet expectations, forcing the company to extend debt repayments, Reuters reported Friday, citing a source familiar with the situation. The company had aimed for 500 million British pounds ($621 million) for the 36-story...
Copyright 2023-2026 - www.financetom.com All Rights Reserved