** Burger chain Wendy's WEN.O shares up marginally at $14.30 premarket
** Co tops fourth-quarter revenue, profit estimates on promotions
** Q4 revenue of $574.3 million beats estimates of $563.6 million, while adj EPS of 25 cents tops estimates by 1 cent - LSEG
** Still, co forecasts full-year adj EPS in the range of $0.98 to $1.02, below estimates of $1.03; says forecast doesn't include any impact from new tariffs
** Consumer spending for food away from home expected to remain pressured; traffic in fast-food burger category expected to be flat to down 1% vs 2024 - WEN on post-earnings call
** Co reduces quarterly dividend to 50% to 60% payout vs fixed 25 cents per share, per quarter, and increases share repurchase program by up to $200 mln in 2025
** Will increase investment in unit development around the world in 2025, increase investment in technology
** Q4 same-store sales up 4.1% in the U.S., compared with 0.2% rise in Q3; co says benefited from promotions
** Analysts have also said burger chains such as Wendy's and Burger King QSR.TO gained market share in October as McDonald's MCD.N dealt with an E-Coli outbreak
** In 2024, WEN fell 16%
(Reporting by Juveria Tabassum in Bengaluru)
((Juveria.Tabassum@thomsonreuters.com;))
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。