Fast food giant Wendy's faced a fresh wave of permanent store closures on Friday for the second weekend in a row as one of its biggest franchisees scrambled to restructure operations in the aftermath of a Chapter 11 bankruptcy filing.

The Wendy's Company (NASDAQ: WEN - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Monday. The company traded as low as $5.95 and last traded at $6.0080, with a volume of 795671 shares changing hands. The stock had previously closed at $6.12. Wall Street Analyst Weigh In A number of

A high yield on a restaurant stock can mean a bargain or a trap, and the difference comes down to numbers most investors never check before buying.

I tried the signature burgers from three fast-food chains: McDonald's, Wendy's, and Burger King. I thought McDonald's Big Mac was underwhelming and needed more sauce.

E.l.f. Beauty released an album titled "Mirror Mix" as the brand looks to increase its marketing spend for the rest of the year. Gap and Wendy's also announced ventures into music in recent weeks, part of a wave of retailers finding new ways to engage customers.

Buyout sponsors hunt for cash flow, equity discounts, and operational levers that management left on the table.

Wendy's stock has declined by over 71% in the past five years. Bob Wright, who led a turnaround at Potbelly's, took over as CEO in late May.

A sprawling Wendy's franchisee that sought Chapter 11 bankruptcy protection earlier this month could close as many as 30 restaurants over the next few weeks as part of a cash collateral agreement, new court filings reveal.

Wendy's (NASDAQ: WEN - Get Free Report) and Carnival (NYSE: CCL - Get Free Report) are both consumer discretionary companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, profitability, dividends, earnings, valuation, institutional ownership and risk. Institutional and Insider Ownership 86.0% of Wendy's shares are

McDonald's (NYSE:MCD | MCD Price Prediction) shares are falling sharply in Wednesday morning trading after the company detailed a multi-year strategy at its Investor Day, headlined by an $8.5 billion franchisee support commitment that runs through 2036.