Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  The Wendy's Co    

SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Wendy's To Partner With Wissol To Expand Into Georgia, Azerbaijan

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/05/2012 | 05:19pm CEST

Wendy's Co. (>> The Wendy's Company) said it reached an agreement with the Wissol Group to develop 25 restaurants in the neighboring countries of Georgia and the Republic of Azerbaijan over the next 10 years, allowing the fast-food chain to continue its international expansion.

Wissol, which is one of the largest business groups in Georgia, is expected to open its first Wendy's location in 2013 in Tbilisi, Georgia's capital city of about 1.1 million residents. Wissol also works with French oil giant Total S.A. (TOT, FP.FR) and Italy-based API Anonima Petroli Italiana SpA. (T7M.BE).

"Georgia is a dynamic market with long-term growth potential for the Wendy's brand, and it plays an important role in our continued expansion in Eastern Europe," Wendy's international business President Darrell van Ligten said.

Wendy's hopes to spur long-term growth by investing this year in international expansion and menu innovation, continuing tests of its new breakfast menu and even newer Black Label premium burgers. Its other major long-term sales driver is its portfolio of four new restaurant design prototypes that are more modern and entice diners to eat inside, where they typically spend more money.

Wendy's has seen its bottom line pressured by rising commodity costs and increased marketing efforts recently. In January, it said its fourth-quarter earnings fell 30% as charges masked the fast-food chain's improved same-store sales and stronger-than-expected revenue growth.

The company's shares were down 2 cents at $4.98 in recent trading. The stock is down 7.1% so far in 2012.

 
   -By Ben Fox Rubin, Dow Jones Newswires; 212-416-3108; ben.rubin@dowjones.com 

Stocks mentioned in the article : The Wendy's Company
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on THE WENDY'S CO
03/23 WENDYS : Wendy's Drive to the Final Four Takes on Kansas City
03/17 WENDY'S : Drive to the Final Four Takes on Indianapolis
03/13 WENDYS : Meet You In Phoenix! Wendy's Kicks off Road Trip Celebrating NCAA March..
03/13 WENDYS : Wendy's Honors 11 Employees for Exemplary Volunteer Efforts in Their Co..
03/13 WENDYS : Npc international announces agreement to acquire 62 wendy's units from ..
03/10 WENDYS : New owner for 12 Lehigh Valley Wendy's
03/02 WENDYS : WENDY'S CO Management's Discussion and Analysis of Financial Condition ..
03/02 THE WENDY'S COMPANY : Enhances and Expands Supplier Code of Conduct; Code Expand..
03/01 WENDYS : The Wendy's Company Enhances and Expands Supplier Code of Conduct
02/27 WENDYS CO : ex-dividend day
More news
Sector news : Quick Service Restaurants
05:13pDJMCDONALD : to Switch to Fresh Beef in Quarter Pounders -- Update
03:15pDJMCDONALD : to Switch to Fresh Beef in Quarter Pounders
03/29 British business navigates rocky path to Brexit
03/22DJSTARBUCKS : Pledges to Hire More U.S. Military Veterans
03/22 Starbucks CEO Schultz to host last shareholder meeting
More sector news : Quick Service Restaurants
Advertisement
Financials ($)
Sales 2017 1 189 M
EBIT 2017 285 M
Net income 2017 112 M
Debt 2017 2 301 M
Yield 2017 2,04%
P/E ratio 2017 29,63
P/E ratio 2018 24,00
EV / Sales 2017 4,76x
EV / Sales 2018 4,61x
Capitalization 3 353 M
More Financials
Income Statement Evolution
More Financials
Consensus 
Mean consensus HOLD
Number of Analysts 21
Average target price 14,2 $
Spread / Average Target 4,8%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Todd A. Penegor President, Chief Executive Officer & Director
Nelson Peltz Non-Executive Chairman
Robert D. Wright Chief Operating Officer & Executive Vice President
Gunther Plosch Chief Financial Officer
David Trimm Chief Information Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
THE WENDY'S CO3 353
MCDONALD'S CORPORATION5.85%105 519
YUM! BRANDS, INC.1.14%22 664
CHIPOTLE MEXICAN GRILL..15.11%12 497
YUM CHINA HOLDINGS INC1.88%10 227
DOMINO'S PIZZA, INC.14.78%8 779
More Results