Nelson Peltz's Trian Fund Management is assembling a group of investors, including BlueFive Capital and Flynn Group, to make a take-private bid for fast-food chain Wendy's. The move comes as Wendy's faces industry-wide challenges, including declining sales and the withdrawal of its 2026 forecast. Peltz, a major Wendy's shareholder with a 16.24% stake, had explored a takeover last year. The consortium may submit a bid soon, and Wendy's has stated it will carefully review any proposals in line with its fiduciary duties.
Wendy's stock surged over 12% after reports that billionaire investor Nelson Peltz's Trian Fund Management is preparing a bid to take the fast-food chain private. Trian, which already owns 16% of Wendy's, is expected to partner with major franchisees...
Starting August 24, Chick-fil-A introduces the Chicken & Waffles Sandwich available during breakfast and as an entrée all day. Alongside, two new S'mores-flavored drinks—the S'mores Milkshake and S'mores Frosted Coffee—offer nostalgic flavors with a ...
Shares of Wendy's surged as much as 15% after reports that Nelson Peltz's Trian Fund Management is preparing a bid to take the burger chain private. The move comes amid Wendy's struggles with declining same-store sales and losing its position as the ...
The Wendy's Company has cut its dividend by 50%, freeing over $50 million annually to invest in turnaround efforts, strengthen its balance sheet, and support long-term growth. Despite a 6.5% decline in global sales in Q2 and ongoing economic challeng...
Wendy's reported a 7% decline in US same-store sales for Q2, missing expectations, with traffic dropping 12.5% due to reduced discounting, breakfast hour changes, and operational issues. Jefferies expects continued pressure through Q4 as new manageme...
