00:00It's Benzinga bringing Wall Street to Main Street
00:02Winnie's shares fell to a new 52-week low on Tuesday after the company issued week 2026 guidance
00:08and analysts cut price targets, according to Benzinga. The company reported adjusted
00:13earnings of $0.16 per share on revenue of $543 million, modestly ahead of estimates.
00:19U.S. same-restaurant sales declined 11.3%, and company-operated margins fell to 12.7%
00:26from 16.5%, pressured by softer traffic and higher food and labor costs. Management projected 2026
00:33adjusted EPS of $0.56 to $0.60 versus expectations of $0.86 and forecast roughly flat global system-wide
00:42sales. BMO Capital lowered its target to $9 from $11, and Evercore ISI cut its target to $8 from $9,
00:50both maintaining neutral ratings. Short interest has risen to more than half of Wendy's freely
00:55traded shares, indicating that bearish positions remain elevated even at multi-year lows.
01:00Shares have dropped 53.57% over 12 months. For all things money, visit Benzinga.com.
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