Wendy’s reported lower-than-expected fiscal 4Q results. Shares of the fast-food chain rose 1% in Wednesday’s extended trading session after closing 5.
The Wendy’s Co. announced a 29% hike in its quarterly dividend to $0.
Shares of Wendy’s are declining 3.9% in Wednesday’s pre-market session after the fast-food chain’s third-quarter sales narrowly lagged analysts’ expectations.
In the most recent quarter, Nelson Peltz, the founder and manager of Trian Fund Mangement, made several changes to his portfolio. Although his …