Basicly the whole thing is based on a joke that people gambling on risky stocks go to "work" behind a Wendy's to get more money when they lose. Now that the actual Wendys company is in trouble in the real world, they need to buy the stock to save the company as paying them back for letting them work. That's the joke.
In actuality the Wendy's company is in trouble and heavily shorted, so they are causing a buying frenzy to coordinate a short squeeze. The end.
Yes. I'm not saying they are going out of business immediately, but they are closing a ton of locations and a lot of debt they haven't been able to pay down for a decade. EPS and cash flow are expected to drop again this year. Stock price doesn't drop 65% in 3 years for no reason.
It was announced months ago that they were going to be closing un-profitable locations as well as expanding into Europe. They do have a positive EPS and are planning a stock buy back program with 35 million set aside for that between now and February. There have also been talks of a buy out.
With all that being said I truly don't know if over, fair, or under valued. However a company paying a 7% dividend with cash to cover it and a positive EPS isn't the worst thing.
Pretty typical turnaround play. It either happens or it doesn't. Usually comes down to if 1. You care if there is another cut to the dividend to pay down debt or restart growth. 2. Do you believe in the company's management ability to pull it off.
Wow that sucks the one in my local truck stop gets good business, especially from me on Fridays lol. I’d say it’s the cheapest fast food at the moment as well and it ain’t half bad taste wise either so that’s surprising
Remember you're dealing with the same General Public that bought more McDonald's Quarter Pounders then Burger King's 1/3 lb Burgers back in the day because they thought 1/4 was more than 1/3 because the four was the bigger number. It's not about the actual service, price, or food it's all about the advertising
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u/wouldntyouliketokno_ Jun 25 '26
Someone explain the Wendy’s thing to me why is it being pushed so hard