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Wendy's (WEN +0.4%) introduction of its pretzel cheeseburger may have something to do with...

Wendy's (WEN +0.4%) introduction of its pretzel cheeseburger may have something to do with McDonald's (MCD -2.6%) tepid July outlook, says Janney's Mark Kalinowski who had downgraded the stock ahead of this morning's earnings. The restaurant industry as a whole is facing pressure, says RayJay's Bryan Elliot who recently downgraded a number of names in the sector. A cautious endorsement comes from S&P Capital IQ which reiterates its Buy, but is seeing "increased competition for consumers who are seeking value." Other names today: (JACK -1.2%), (YUM -0.9%).
Comments (10)
  • 13761362
    , contributor
    Comments (382) | Send Message
     
    really? the pretzel cheeseburger?
    22 Jul 2013, 04:30 PM Reply Like
  • wenlock00
    , contributor
    Comments (55) | Send Message
     
    Horse in McDonald's: Rider fined after 'drive-thru' refusal | http://bbc.in/19eajXC
    22 Jul 2013, 05:36 PM Reply Like
  • buyandhold???
    , contributor
    Comments (907) | Send Message
     
    im pretty sure the pretzel cheeseburger isn't the reason why. Wendy's is an awful dying company, mcdonalds is growing globally like crazy. It's not even $100B company, i cant believe it. $97 is cheap.
    22 Jul 2013, 05:47 PM Reply Like
  • redarrow5150
    , contributor
    Comments (1109) | Send Message
     
    If consumers want value they sure in the heck aren't getting it from Wendy's as they are the most expensive of all fast food. Still believe Subway is taking market share away from Burger joints like Mickey D's or BK.
    22 Jul 2013, 10:06 PM Reply Like
  • Barn Al
    , contributor
    Comments (153) | Send Message
     
    "Tepid" could be a problem as MCD keeps experimenting with their "new innovating choices". People don't want organic gluten free arugula wraps at McDonalds. People want simple fast hamburgers and french fries. It might be time to get back to basics again.
    22 Jul 2013, 11:27 PM Reply Like
  • bismaroni
    , contributor
    Comments (5) | Send Message
     
    Been a shareholder since 1990 and have seen an average annual return(including reinvested dividends) of around 30%! Stay the course, there are still price targets from the analyst community between $115 and $120 and McDonald's will always be proactive in getting things right for it's shareholders. One of the best companies that usually does it right.
    23 Jul 2013, 12:18 AM Reply Like
  • happyguy
    , contributor
    Comments (207) | Send Message
     
    This will happen only in your dreams. Wendy's is not doing well after their owner passed away. I personally never buy Wendy's. Mac is a king of burgers. This is not my opinion but common via surveys
    23 Jul 2013, 12:40 AM Reply Like
  • RoyalPhanta
    , contributor
    Comments (20) | Send Message
     
    Dave Thomas passed away a decade ago, how would Wendy's current situation be affected by the founder (not owner) passing away a decade ago??
    23 Jul 2013, 02:06 AM Reply Like
  • redarrow5150
    , contributor
    Comments (1109) | Send Message
     
    So what you're saying is Dave Thomas is a dead issue?
    23 Jul 2013, 08:16 AM Reply Like
  • happyguy
    , contributor
    Comments (207) | Send Message
     
    This company has been decaying for a decade after he was gone
    23 Jul 2013, 02:39 PM Reply Like
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