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Wendy’s Restaurant
Alan N. Kronika
Wendy’s 2
Wendy’s Restaurant
what Dave Thomas believed would separate his business from the
Wendy’s.
1976 when Wendy’s offered public stock with over one million
common shares selling for $28 per share on the NASDAQ Exchange.
Also, Wendy’s saw the opening of its 500th restaurant during that
public companies listed on the NYSE under the symbol name WEN.
hamburgers and the Frosty which was perfect for dipping one's
menu and it was the first time a national food chain had done
Wendy’s 4
favorites under one low price of .99 with its super value menu.
food options has allowed for Wendy’s to better serve its loyal
feedback program. They have also placed a key architect with the
McDonalds is by far the largest fast food chain and when you
back shares. When investors look at Wendy’s and see their money
organization.
reason for this could stem from research that shows the fast
for both existing and new companies within the industry. The
still saw a 7.4 percent drop in the second quarter. These have
These selling points are not working the way they once did which
Wendy’s/Arby’s group.
worldwide. Like the US fast food industry, the global fast food
not take part in the global fast food industry as well as others
have, such as McDonalds has over the years. Wendy’s used to have
a restrain base in Europe but has since pulled out and focused
do when they are deciding what to invest in. They must also know
that the Americans do account for 63.1% of the global fast food
Re = cost of equity
Rd = cost of debt
E = market value of the firm's equity
D = market value of the firm's debt
V = E + D
E/V = percentage of financing that is equity
D/V = percentage of financing that is debt
Tc = corporate tax rate
valuepro web site. Here it showed that Wendy’s WACC was 6.79%
common stock two days before and after the merger announcement
special charges in third quarter, down 17% from a year ago but a
penny over views. Sales fell 4.7% to $861.2 mil vs. the $882.6
mil analysts expected. Wendy’s said demand for value menu items
1.7% drop in the same metric. The firm expects 2010 EBITDA at
stock price. Wendy’s hired JPMorgan Chase & Co. and Lehman
Wendy’s 12
Characteristics of bonds
legacy debt with credit default swaps rose to 215 basis points,
or $215,000 per year to insure $10 million for five years, from
license agreements.
Wendy’s must compete with chains such as Subway, Yum! Brands and
Wendy’s McDonald’s
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Wendy’s 16
(http://research.investingminds.com).
Conclusion
Wendy’s 17
combining Wendy’s and Arby’s under one roof, can generate higher
initiatives.
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Wendy’s 19
References