News

Franchise economics are becoming a bigger turnaround challenge

One of Wendy’s largest U.S. franchisees has filed for bankruptcy protection after Wendy’s tried to terminate its franchise agreement. Meritage Hospitality Group, which operates 314 Wendy’s restaurants in 15 states, said in a statement last week it intends to keep operating its restaurants and paying its 9,000 employees during the bankruptcy process. Grand Rapids, Michigan-based Meritage filed its bankruptcy petition in federal court in western Michigan on Sept. 17.

Meritage Hospitality Group, which operates 314 Wendy's locations, listed $651 million in liabilities and cited brand-level marketing failures

Meritage Hospitality Group, one of the largest Wendy’s franchisees in the U.S., filed for bankruptcy after the burger chain moved to terminate its franchise rights across more than 300 restaurants. The Grand Rapids, Michigan-based company filed its petitions September 17 in the U.S. Bankruptcy Court for the Western District of Michigan. Meritage operates 320 quick-service […]

Meritage Hospitality Group, which operates 314 Wendy’s units, has closed at least 60 units and opted out or altered the breakfast daypart to improve store-level EBITDA.

The major franchisee operates over 350 fast-food burger restaurants and six brunch cafes.

The move is not just a way to fix its current problems, but also a bet on its future.

The S&P 500 Index ($SPX ) (SPY ) is up by +0.59% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +1.03%. E-mini S&P futures (ESU26 ) are up +0.55%, and September E-mini...

The S&P 500 Index ($SPX ) (SPY ) is up by +0.39% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.84%. E-mini S&P futures (ESU26 ) are up +0.30%, and September E-mini...

Investing.com -- Wendy's (NASDAQ: WEN) shares have dropped more than 14% in premarket trading Thursday after Reuters reported that Nelson Peltz's Trian Fund Management has stepped back from a potential buyout of the burger chain.

Investing.com -- Wendy's (NASDAQ: WEN) shares have dropped more than 14% in premarket trading Thursday after Reuters reported that Nelson Peltz's Trian Fund Management has stepped back from a potential buyout of the burger chain.

Investing.com -- Shares of The Wendy’s Co (NASDAQ:WEN) plunged 14.8% in after-hours trading Wednesday following reports that Nelson Peltz’s Trian Fund Management currently has no plans to make a take-private bid for the fast-food chain. According to reporting from Reuters, citing sources familiar with the matter, the hedge fund has stepped back from pursuing a buyout at this time. The sudden retreat unwinds momentum generated earlier this month when reports indicated Trian was preparing a consor

Bob Wright said that the chain has traded quality for cost savings and that a former McDonald’s executive is joining as marketing chief.

The burger’s overhaul, overseen by a corporate chef who had already worked magic at Popeyes, is helping propel a comeback.

New leadership outlines turnaround strategy amid traffic declines and margin pressure.

If Wendy's offers a $5 value meal that includes a sandwich, chicken nuggets, fries, and a soda, Burger King and McDonald's run the risk of losing value-based customers, even if those people prefer eating at the other two chains. Cash-strapped consumers are cutting back on spending, and that has ...

AI infrastructure demand and moderating inflation drove broad gains, though geopolitical tensions remain, today, Aug. 12, 2026.

Wendy’s has been struggling with traffic to its restaurants lately, but its shares are zooming on continued interest from one longtime patron: Nelson Peltz. Peltz’s Trian Fund Management is working to put together an investor consortium that could bid for the Ohio-based burger chain, the Financial Times reported. Trian, a longtime Wendy’s investor that held around 16% of company shares as of earlier this year, in February said the firm had spoken to potential investors about strategic options, including potentially taking control of the chain and taking it private.

Wendy’s (NASDAQ: WEN) shares rose 12% following the report. The company is the direct subject of the potential transaction. Trian holds a combined stake exceeding 24% in the company — a 16% personal position held by Peltz plus a 7.9% fund stake — meaning any formal offer would trigger a mandatory SEC regulatory filing that would set an independent director review process in motion.

Nelson Peltz’s Trian Fund Management is laying the groundwork for a take-private bid for US fast-food chain Wendy’s with backing from a consortium...

Stock Market Today: The Dow Jones index rises on a key CPI inflation report. Nvidia partner CoreWeave soars on earnings.

Wendy's faces significant headwinds with US traffic down 12.5%, but new leadership outlines a five-point plan to restore brand quality and drive growth.

Wendy's (NASDAQ:WEN) reported weaker second-quarter results as U.S. traffic declines, pressure on franchisee economics and what new Chief Executive Officer Bob Wright described as erosion in the brand’s quality and value proposition weighed on performance. Global systemwide sales declined 6.5% on a

Wendy's (WEN) second-quarter earnings fell year over year amid weak traffic trends, while the fast-f

The Wendy’s Company (NASDAQ:WEN) reported stronger-than-expected second-quarter results, but also announced a lower dividend and withdrew its full-year financial outlook as the company’s new management team begins implementing a turnaround strategy. Earnings Beat Wall Street ForecastsWendy’s posted adjusted earnings of $0.

Wright said that the company has already begun executing a turnaround focused on priorities that include improving menu quality and value, and strengthening marketing.

The Wendy’s Company will release its second-quarter earnings report before the opening bell on Friday, Aug. 7. Analysts expect the company to report quarterly earnings of 16 cents per share, down from 29 cents per share in the year-ago period....

Hertz stock is soaring on huge trading volumes since it reported strong earnings on Thursday. More than 28% of the public float faces a short interest.

The burger chain halved its quarterly dividend to 7 cents a share as new CEO Bob Wright works to reverse a sharp U.S. sales decline

Wendy's (WEN) delivered earnings and revenue surprises of +12.50% and +1.07%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?