WEN

The Wendy's Co. (WEN) stock price experienced a significant decline of 27.60% in the past six months (March 2026 - September 2026), falling from $9.31 to $6.74. Key events impacting the stock include the Chapter 11 bankruptcy filing by Meritage Hospitality Group, a major Wendy's franchise operator, on September 17, 2026, which led to a 3.58% stock drop and highlighted pressures like climbing beef costs and increased discounting. Wendy's also reported a 7% year-over-year decline in U.S. same-restaurant sales and an 8.2% drop in U.S. systemwide sales in the second quarter of 2026, leading to the withdrawal of its full-year 2026 outlook and a cut in its quarterly dividend to $0.07 to redirect capital towards a turnaround plan. Analyst sentiment remains cautious with a consensus 'Reduce' rating and an average price target of $7.78. Additionally, in 2025, CEO Mark Tanner departed, and CFO Ken Cook was appointed interim CEO.