Wendy's Continues To Expect 2023 Adjusted EPS Of $0.95-$1.00; Revises Global Systemwide Sales Growth Forecast From 6-8% To 6-7%
Portfolio Pulse from Benzinga Newsdesk
Wendy's has maintained its 2023 adjusted EPS forecast of $0.95-$1.00. However, it has revised its global systemwide sales growth forecast from 6-8% to 6-7%.
November 02, 2023 | 11:19 am
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Wendy's has revised its global sales growth forecast downwards, which could potentially impact investor sentiment and the company's stock price.
Wendy's has lowered its global sales growth forecast, which could be seen as a negative signal by investors. This could potentially lead to a decrease in the company's stock price in the short term.
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