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0.000327653997378703 0 0.000982961992136225 0.00163826998689375 0.005570117955439 0.014089121887287 0.0157273918741808 0.0186762778505897
Stock impact report

Analyst Sees Wendy's Playing Catch-Up, Needs Stronger Focus on Tech, Talent & Global Expansion [Yahoo! Finance]

Wendy's Company (The) (WEN) 
Last wendy's company (the) earnings: 2/26 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
J.P. Morgan analyst Rahul Krotthapalli reiterated a Neutral rating on the shares of Wendy's Co (NASDAQ: WEN ) with a price target of $17.00. Wendy's first in-person investor update since 2019 featured CEO Kirk Tanner reflecting on his first year and outlining a strategy for the brand's turnaround. With 7,240 units and under $15 billion in global sales, Wendy's lags behind competitors like McDonald's Corp KFC , and others, said the analyst. The company has a less developed international presence, with around 82% of units and 87% of sales in the U.S. This, coupled with a sub-1x sales/investment ratio, has hindered growth. Wendy's international markets, excluding Canada, have struggled to sustain the necessary investments for scaling. The total free cash flow (FCF) generation for the next four years, accounting for the full capital intensity of the business, is expected to be over $650 million, compared to a comparable outlook of around $700-800 million or the company's CFO es Show less Read more
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