Wendy's Q3 Earnings: "Project Fresh" Roadmap Falls Flat Amid Low Expectations.
ByAinvest
Wednesday, Dec 3, 2025 12:46 pm ET1min read
WEN--
Wendy's Q3 numbers beat low expectations with US comps falling less than feared and international comps growing. The company rolled out "Project Fresh," a turnaround roadmap, but the stock drifted lower and set new lows despite the positive news. The turnaround is considered a "show me" story, requiring more evidence of sustained improvement.
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