Let's talk WENDY'S

I often get their baked potato with chili but it is not always offered, which is an irritation.
I loved their chili back when I used to frequent them.

A friend of mine who worked there over 25 years ago said their Chili was made from yesterdays unsold hamburgers. That varies how much chili is available the following day.
 
I do need to note here. The last time the federal minimum wage was raised was under Bush. Neither Obama nor Biden did squat.
Republicans have blocked minimum wage increases for decades.
Long time since $7.25 was valid
 
  • Fast casual is eating away at straight fast food.
  • Wendy's are old and need to be remodeled.
  • Their fast food isnt inexpensive food anymore
  • The broke people in this country are getting more of their paycheck eaten up by healthcare and rent.
  • McDs is leaning in hard to the value meals because their low income customers are struggling but McDs is hanging on to them better with the value meal.
SELL SELL SELL

A democratic president can turn around Trump's struggling economy... they always do.
I no longer see the lines at fast food restaurants or the families eating out
 
K shaped economy leaves less for masses to spend on food.

Also beef prices are spiraling up due to global warming drought.

These are hard on the bottom line of burger joints.

Chick-fil-A, Raising Cane's, Checkers & Rally's have sprung up everywhere eating up market share.

However Wendy's P/E is low, making it compelling. Also fewer people can cook their own food & will keep eating fast foood.
With Wendy's you are going to make your money off dividends and not buying low and selling high. 6.5% isn't a horrible return but who knows if you will break even if the stock slides further just off the dividends + resell price as you are only picking up about 55 cents per share per year in income currently at around $8.50 a share. I personally have always liked Energy Transfer (ET) in this end of the spectrum as it has decent dividends plus tends to grow in value over time. The one thing I hated about ET which was the reason I eventually got out of it is that it operates like a classic LLC where you get K-1's and those often come so late that you are right up against April 15 with no time to get everything to the CPA and get your taxes done in time.

I am also fond of Whitecap (formerly VRN) (formerly Crescent Point). It is a canadian oil company with a price tag under $12 that consistently throws off about 5-6% dividends. There are some quirks to owning out of US stocks especially if Trump delivers on his promise to tax the hell out of them, but it is one of the few stocks I still hold and have for years.
 
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I no longer see the lines at fast food restaurants or the families eating out


20 min lineup cars at every In&nOut or ChickFila is common you lying baboon.

And more of your linkless BS statements don't fly either.
 
They make one very good cheeseburger... just had one at the Phoenix airport....
 
20 min lineup cars at every In&nOut or ChickFila is common you lying baboon.

And more of your linkless BS statements don't fly either.
I see cars line up at Chick-Fila and Starbucks
Others not so much
 
It is much more that minimum wage can no longer afford.

When I worked minimum wage, I could buy a new car on six months work. I could go to the movies for half an hour work. I could get six gallons of Gas for one hours work.

Minimum wage has not kept up with expenses …not even close
/——/ Same here, but it was in the 70s.
 
It is much more that minimum wage can no longer afford.

When I worked minimum wage, I could buy a new car on six months work. I could go to the movies for half an hour work. I could get six gallons of Gas for one hours work.

Minimum wage has not kept up with expenses …not even close

The minimum wage today would have to be $10.28 an hour to match 1960.
 
Used to be workers working in fast food could afford College tuition or a new car.

Todays minimum wage barely allows you to eat at the restaurant you work at

College tuitions rose due to easily available loans and administrative bloat.

Trump just fixed one part of car prices rising, Overboard CAFE requirements.
 
College tuitions rose due to easily available loans and administrative bloat.

Trump just fixed one part of car prices rising, Overboard CAFE requirements.
Tariffs don’t fix high prices
 
15th post
A simple business, they sell hamburgers. I have some Wendy's in my account and in my wife's account. If they can get things turned around, it's an easy double or triple from the current $8+ range. They do have a lot of debt. My gut feeling is that Wendy's is a survivor, no bankruptcy coming, and the stock is undervalued.
Wendy's was doomed from the outset. Square burgers don't belong on round buns. LOL
 
I see cars line up at Chick-Fila and Starbucks
Others not so much
Absolutely, those two establishments seem to do exceedingly well. As strange as this might sound, there is almost a religious component to Chick-Fil-A which helps drive its business success, you have to read the background story to get that reference.

I bought a McRib and a small fries on a rare visit to McD's, as it had been years since I had one. It was $9.25 for those two, which I thought to be expensive, but probably in line with fast food pricing.
 

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