Wendy's stock at EUR 7.36 as Dave's Way targets turnaround
Published on 11/10/2026 at 13:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points for investors
- Wendy's reported lower third-quarter profitability as U.S. same-restaurant sales declined.
- The company launched Dave's Way and made its breakfast strategy location specific.
The Wendy's Company launched its Dave's Way strategy on November 5, 2026, alongside third-quarter results for the period ended September 27. The company said the plan is designed to grow customer traffic and market share while strengthening restaurant profitability. The company release said revenue reached USD 547.0 million, while net income fell to USD 15.1 million and adjusted EBITDA to USD 113.4 million.
Sales pressure meets turnaround plan
Global systemwide sales declined 5.9% in the quarter, with a 7.6% fall in the United States partly offset by 3.5% international growth. U.S. same-restaurant sales decreased 5.7%, while the international figure declined 2.2%. Operating profit fell 39.3% to USD 55.8 million.
The strategy includes a location-specific breakfast model based on tests that the company said produced significant profit improvement. Wendy's also signed a letter of intent to acquire up to 163 restaurants from Meritage Hospitality Group, subject to a definitive agreement, better offers and court approval. The company said it expects the breakfast decision could unlock up to USD 200 million in restaurant-level EBITDA across the system.
Tuesday afternoon trading reference
Wendy's stock traded at EUR 7.36 on Lang & Schwarz at 13:36 CET on Tuesday, November 10, 2026.
The Wendy's Company stock
- Company: The Wendy's Company
- ISIN: US95058W1009
- Ticker: WEN
- Trading venue: Lang & Schwarz
- Quote: EUR 7.36 on Tuesday, November 10, 2026, at 13:36 CET
- Third-quarter period: Ended September 27, 2026
Restaurant sales trends, the rollout of Dave's Way and the company's ability to improve profitability remain central investor issues. The reported figures also show that the turnaround begins from a weaker U.S. sales base.
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