Wendy's Refinances $450M in Debt, Down 9.6%, Amid Sales Guidance Decline and Insider Selling

Wendy's (WEN) has seen a 9.6% decline after debt refinancing and weaker sales guidance. The company has issued $450 million in new senior secured notes to refinance debt and fund corporate activities, while reaffirming sales guidance showing declines for 2025. Analysts caution due to flat same-store sales, elevated debt levels, and notable insider selling. Wendy's significant debt refinancing and declining same-store sales may affect its investment outlook and risk profile.