Wendy's traded at $6.85 this Wednesday June 3rd, decreasing $0.36 or 4.99 percent since the previous trading session. Looking back, over the last four weeks, Wendy's lost 4.74 percent. Over the last 12 months, its price fell by 42.53 percent. Looking ahead, we forecast Wendy's to be priced at 7.55 by the end of this quarter and at 7.11 in one year, according to Trading Economics global macro models projections and analysts expectations.
The Wendy's Company (Wendy) is engaged in the business of operating, developing and franchising a system of quick-service restaurants. The Company operates through three segments: Wendy’s U.S., Wendy’s International and Global Real Estate & Development. The Wendy’s U.S. segment includes the operation and franchising of Wendy’s restaurants in the United States. The Wendy’s International segment includes the operation and franchising of Wendy’s restaurants in countries and territories other than the United States. The Global Real Estate & Development segment includes real estate activity for owned sites and sites leased from third parties, which are leased and/or subleased to franchisees, and also includes its share of the income of its TimWen real estate joint venture. The Company operates approximately 5,895 Wendy’s restaurants in the United States. Of these restaurants, over 314 were operated by the Company and 5,581 were operated by approximately 225 franchisees.