Reported 2 days ago
Jim Cramer has described The Wendy’s Company (WEN) as having 'the worst quarter', with shares down 31% year-to-date due to weak consumer spending and management issues, including the departure of its CEO. Despite a recent 9.7% increase in shares after earnings results, Cramer advises investors to avoid the stock, emphasizing struggles in the competitive burger industry and an already cut dividend.
Source: YAHOO