Wendy's (WEN) is poised to see flat revenue growth this year due to lower unit growth expectations, RBC Capital Markets said Monday in an investor day preview.
The firm said that on Thursday, the company will host its analyst day with recent debates about US same-store-sales drivers, net unit growth, margin drivers and capital allocation strategy.
RBC said long-term targets "could be discounted to some degree" because of a relatively new management team, changing consumer value perceptions and volatile macroeconomic environment.
The firm said it expects "incremental color" on core menu investments, brand-new menu items and value offerings on Thursday.
RBC has a sector perform rating and a $17 price target on Wendy's stock.
The company's shares were up 1.9% in recent Tuesday trading.
Price: 15.22, Change: +0.29, Percent Change: +1.94
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。