Edition:
United States

Wendys Co (WEN.OQ)

WEN.OQ on NASDAQ Stock Exchange Global Select Market

9.66USD
29 Jul 2016
Change (% chg)

$-0.08 (-0.82%)
Prev Close
$9.74
Open
$9.70
Day's High
$9.77
Day's Low
$9.60
Volume
970,308
Avg. Vol
860,951
52-wk High
$11.37
52-wk Low
$8.44

Latest Key Developments (Source: Significant Developments)

The Wendy'S Co faces food safety issues - The Times of India
Saturday, 19 Sep 2015 08:00pm EDT 

The Wendy'S Co:Wendy's has run into food-safety issues here after opening its first restaurant in Gurgaon - The Times of India.After a customer allegedly found a worm in a Wendy's burger a few months ago, the US-based chain recently had another customer, who allegedly discovered a pin in a burger patty served at its store in Gurgaon - The Times of India.Wendy's said the issue was brought to their notice and was resolved - The Times of India.After the worm issue, problems for Wendy's started when a 24-year-old man ordered two burgers at its store in Gurgaon's Sector 29.He said he had discovered the pin when he bit into one of the burgers - The Times of India.  Full Article

The Wendy's Co increasing FY 2015 adjusted EBITDA outlook; comments on adjusting FY 2015 same-restaurant sales outlook
Wednesday, 5 Aug 2015 07:30am EDT 

The Wendy's Co:Says that it is increasing FY 2015 Adjusted EBITDA outlook to $385 to $390 million.Says that it is adjusting FY 2015 same-restaurant sales outlook at Company-operated restaurants to 2.0 to 2.5 percent.  Full Article

The Wendy's Co declares regular quarterly cash dividend
Thursday, 30 Jul 2015 04:05pm EDT 

The Wendy's Co:Declares regular quarterly cash dividend of $0.055 per share.Payable on Sept. 15, to shareholders of record as of Sept. 1.  Full Article

Wendy's Co announces share repurchase program, closes sale of bakery operations
Wednesday, 3 Jun 2015 07:30am EDT 

Wendy's Co:Says company to commence $850 million share repurchase program today.Expects to use the remaining $550 million of its $1.4 billion share repurchase authorization before the end of 2016.Intends to repurchase shares with existing cash, cash flow from operations, proceeds of about $925 million from securitization refinancing.The company has closed on the previously announced sale of its bakery operations.  Full Article

East Balt Bakeries acquires Wendy's Co Bakery Business
Tuesday, 2 Jun 2015 04:01pm EDT 

Wendy's Co and East Balt Bakeries:Says completed a stock transaction under which East Balt has acquired Wendy's Zanesville, Ohio bakery business, The New Bakery Company, LLC.  Full Article

Wendy's Co prices $2.275 billion securitized financing facility
Tuesday, 19 May 2015 04:01pm EDT 

Wendy's Co:Has agreed to issue and sell $875 million of series 2015-1 3.371 pct fixed rate senior secured notes, class a-2-i.Has agreed to issue and sell $900 million of series 2015-1 4.080 pct fixed rate senior secured notes, class a-2-ii.Has agreed to issue and sell $500 million of series 2015-1 4.497 pct fixed rate senior secured notes, class a-2-iii.Says legal final maturity date of the notes is in june of 2045.Also intends to enter into a purchase agreement under which it will issue $150 million series 2015-1 class a-1 notes.Net proceeds from expected sale of notes will be used for repayment of existing senior secured indebtedness, transaction costs associated with refinancing, and general corporate purposes, including the return of cash to shareholders.Closing of sale of notes is expected to occur on June 1.  Full Article

The Wendy's Company announces intention to refinance existing credit agreement
Wednesday, 6 May 2015 07:33am EDT 

The Wendy's Company:Announced intention to refinance existing credit agreement.Intends to replace senior secured credit facility with a new securitized financing facility.Expected to be comprised of $2.275 billion of senior term notes and $150 million of variable funding notes.Proceeds would be used for repayment of the existing senior secured indebtedness, transaction costs associated with the refinancing, and general corporate purposes.  Full Article

The Wendy's Company reaffirms FY 2015 earnings guidance
Wednesday, 6 May 2015 07:30am EDT 

The Wendy's Company:Reaffirms FY 2015 Adjusted EBITDA and Adjusted EPS outlook.Reaffirmed FY 2015 Adjusted EBITDA of about $390 million to $400 million.Continues to expect FY 2015 Adjusted Earnings Per Share of about $0.33 to $0.35.  Full Article

The Wendy’s Co announces regular quarterly cash dividend of $0.055 per share
Friday, 1 May 2015 04:05pm EDT 

The Wendy’s Co:Declares regular quarterly cash dividend of $0.055 per share.Payable on June 15, of record as of June 1.  Full Article

The Wendy’s Co declares regular quarterly cash dividend
Wednesday, 18 Feb 2015 04:05pm EST 

The Wendy’s Co:Declares regular quarterly cash dividend of $0.055 per share.Payable on March 16, of record as of March 2.  Full Article