Seeking Alpha

This isn't your grandparents' Wendy's (WEN +2.4%) anymore. After maintaining a rather stoic...

This isn't your grandparents' Wendy's (WEN +2.4%) anymore. After maintaining a rather stoic image over the years, the restaurant chain is undergoing a major transformation with lounge seating, flat-screen TVs, Wi-Fi, and digital menu boards all part of the new look. Part of the logic behind the shift is the data suggesting dine-in eaters spend more than drive-through customers. Earlier: (Wedbush upgrade lifts shares)
Comments (1)
  • if there are good and not so good PE firms, I'd like to believe Peltz & co belongs to the former. They are willing to invest in their holdings and hold them long term, instead of trying to suck them dry. So $WEN may not be overnight sensation, it is definitely not a fly by night
    11 Jul 2012, 12:35 PM Reply Like
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