14:46 ET - As the fast-food industry reels from a challenging consumer environment, Wendy's disappointing 1Q results were not particularly surprising, according to BTIG analysts, who remain neutral on the company. Analysts Peter Saleh and Ben Parente said lower-income consumers are pulling back from the quick service industry. But Wendy's is also losing share to McDonald's, the analysts said, as the two fast food chains have rode a see-saw of share gains and losses over the past few quarters. Looking ahead, Wendy's aims to gain back share with releases such as chicken tenders and new beverages, the analysts said. The analysts still believe Wendy's has a superior product offering than most hamburger chains, but must modernize its restaurant portfolio long-term.(natalie.weger@wsj.com; @NatalieWeger)
(END) Dow Jones Newswires
August 11, 2025 14:46 ET (18:46 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.