Wendy's Co WEN

Consumer Cyclical Restaurants

The Wendy's Company is engaged in the business of operating, developing and franchising a system of quick-service restaurants. The Company specializes in made-to-order square hamburgers, using never frozen beef (fresh beef available in the contiguous United States, Alaska, and Canada), salads, and other signature items like chili, baked potatoes and the Frosty dessert. Its segments include Wendy's U.S., Wendy's International and Global Real Estate & Development. Wendy's U.S. includes the operation and franchising of its restaurants in the United States. Wendy's International includes the operation and franchising of its restaurants in countries and territories other than the United States. Global Real Estate & Development includes real estate activity for owned sites and sites leased from third parties, which are leased and/or subleased to franchisees, and also includes its share in TimWen real estate joint venture. The Company and its franchisees have over 7,000 restaurants worldwide.

NDAQ:WEN - Post by User

Wendy's Co

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Post by nambuon Jun 20, 2009 1:56pm

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Post# 16086498

New unit development?

https://www.stockhouse.com/FinancialTools/sn_newsreleases.asp?symbol=WEN&newsid=7356656

Yesterday's debt offering mentions a possible use of proceeds other than operational as "new unit development" - another business unit or franchise altogether perhaps?

GLTA

(Not another Baja Fresh plz)

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