Wendy's — page 5

Wendy's U.S. president Pete Suerken departs to lead supply chain co-op

McDonald's lost $310 million in sales from low-income diners last quarter.

The burger brand is looking for an operations leader to help CEO Robert Wright lead its turnaround after hundreds of closures and six quarters of tumbling traffic.

Restaurant chains may or may not be able to get traffic growth from discounts but they certainly can lose traffic if they shift away from them.

The San Antonio-based burger chain is launching a "More for $4" value platform and simplifying its meal lineups to appeal to budget-conscious consumers.

Franchising fails as a fix for struggling brands like Subway and Jack in the Box.

Wendy’s U.S. President Pete Suerken is stepping down following a corporate restructuring that eliminated his role in favor of a chief operating officer position.

CEO Todd Penegor is implementing a brand standards coaching team and financial incentives for franchisees to address service and quality inconsistencies across the pizza chain.

This is from the weekly restaurant finance newsletter The Bottom Line.

The past couple of years for Wendy’s could best be described as volatile.

A new food hall residency in Los Angeles will feature high-end chef reinterpretations of iconic menu items from major national restaurant chains.

The publication’s annual report ranks the top 50 quick-service restaurant brands in America by systemwide sales and unit growth.

Papa Johns offers $5 million in incentives to improve operations.

Market data shows over 8,000 restaurant closures in early 2026, signaling a major reshaping of established quick-service chains amid rising operating costs.

QSR Magazine recently released its 2026 QSR 50 report, painting a picture of an industry that remains impressively resilient despite cautious consumer spending and intense competition.

Trian Fund Management and Flynn Group, the world’s largest franchisee organization, are reportedly preparing a bid for the multi-unit burger chain.

Trian Fund Management is reportedly collaborating with mega-franchisee Flynn Group and BlueFive Capital on a potential bid for the iconic burger chain.

Tommy's Express invites the Union Gap community to celebrate the grand opening of its location at 26 Adelyn Way, beginning Friday, August 14.

Wendy’s plans to shutter additional underperforming locations following a decline in quarterly sales and a net loss of 245 restaurants so far this year.

This is from the weekly restaurant finance newsletter The Bottom Line.

Wendy’s executives report that allowing franchisees to opt out of breakfast contributed to a double-digit decline in U.S. traffic during the second quarter.

Wendy's new CEO Bob Wright vows to restore quality and revive customer traffic after 7 percent sales fall

Wendy's new CEO addresses brand's quality degradation and sales decline

Wendy’s reported an 8.2% decline in systemwide sales in the U.S. year-over-year in its second quarter financial results.