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Wendy's Withdraws 2026 Financial Outlook, Cuts Dividend

Barrons.com +3 ·

WEN
WEN Wendy's Co
$6.35 +0.63%
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  1. 1Wendy's (WEN) is withdrawing its 2026 annual financial outlook, reducing its dividend, and pursuing a turnaround strategy.
  2. 2The company lowered its annual dividend to $0.28 per share and its quarterly dividend to $0.07, while U.S. same-store sales fell 7%.
  3. 3CEO Bob Wright said traffic, value, and franchise economics fell short of expectations, describing the results as below the company's potential.

Source Barrons.com +3 · View original ↗

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