Sunday, January 29, 2012

Wendys Earnings

Wendys(WEN) is releasing earnings tomorrow. I'm don't think there will be any upside surprise, will be happy if there isn't a negative surprise. The stock is now stuck in a narrow trading range. Hope after they put their earnings news behind them management can focus on growing the brand. This week Yum Brands, Taco Bell announced they too are getting into the now crowded breakfast space. I see this as a sign that there is a lot of money to be made serving breakfast. I hope WEN can get their share fare and us it to grow earnings. We will see what happens tomorrow. Good luck investing. Tony

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