Wendy's profit rises, but sales fall as it pushes ahead with restaurant sales
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After reviewing Wendy's International's WEN second-quarter results, we are keeping our fair value estimate unchanged. The company delivered very weak top-line growth, but still managed to significantly boost profits. Wendy's did not provide an update on the special committee's process of exploring ...
After reviewing CKE Restaurants' CKR recent sales results, we are maintaining our fair value estimate. Blended same-store sales rose by 7.4% for the four weeks that ended Jan. 1 (up from a 2.9% increase for the four weeks that ended Dec. 4). This was a very strong result, but we still question how ...
The author does not own any of the stocks or funds mentioned above.
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