The fast-casual chain says menu-price increases helped results. It also noted rising beef costs and “higher protein usage” as people try to find ways to pack more protein into their diets.
Nelson Peltz’s Trian Fund Management has made a $1.4 billion offer for Wendy’s and says the company “requires significant capital investment” to get back on track.
The bar is higher for software companies now that their stocks have been outperforming, but analysts identify some top picks whose results could shine through.
