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THE WENDY'S CO
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Wendy's Tops Burger King For 4th Place Overall In Technomic Estimates -AP

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03/19/2012 | 08:04pm CEST

Wendy's Co. (>> The Wendy's Company) had about $8.5 billion of U.S. systemwide sales last year, edging out Burger King Holdings Inc.'s $8.4 billion, according to estimates from Technomic Inc., the Associated Press reported Monday.

Market researcher Technomic projected in December that Wendy's would surpass Burger King for the first time in the U.S.

First-place McDonald's Corp. (>> McDonald's Corporation) had about $34.2 billion in sales, according to Technomic. Worldwide, Burger King remains the second-largest hamburger chain, according to the AP.

In the U.S., Subway had estimated sales of $11.4 billion, while Starbucks Corp. (SBUX) was in third place with $9.8 billion, the AP reported. The growth at Subway and Starbucks has sharply outpaced the top three hamburger chains, with Subway sales up 48% and Starbucks sales up 39% from five years ago, the AP reported.

Full story at http://hosted.ap.org/dynamic/stories/U/US_FAST_FOOD_RANKINGS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT

-Dow Jones Newswires; 212-416-2900

Stocks mentioned in the article : McDonald's Corporation, The Wendy's Company
Stocks mentioned in the article
ChangeLast1st jan.
BURGER KING HOLDINGS, INC. --End-of-day quote.
MCDONALD'S CORPORATION -1.41% 159.53 Delayed Quote.-5.56%
STARBUCKS CORPORATION -0.47% 59.22 Delayed Quote.4.18%
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Financials ($)
Sales 2018 1 595 M
EBIT 2018 301 M
Net income 2018 134 M
Debt 2018 2 542 M
Yield 2018 1,91%
P/E ratio 2018 31,73
P/E ratio 2019 25,38
EV / Sales 2018 4,24x
EV / Sales 2019 4,12x
Capitalization 4 221 M
Chart THE WENDY'S CO
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The Wendy's Co Technical Analysis Chart | US95058W1009 | 4-Traders
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 18,9 $
Spread / Average Target 9,0%
EPS 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
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