I decided to check in on the trio of Congressional candidates that Steak n Shake endorsed, starting with Jon Husted in Ohio:
Jonathan Maze
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Editor-in-Chief at Restaurant Business Magazine. Egghead. Married up to @HailaMaze. Serving up hand-crafted tweets with a laser-like focus.
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Wendy's earnings call summary:
Traffic improved
Breakfast is now optional and wasn't as incremental as the company initially said
Company said it still wants to support restaurants with breakfast
Wendy's fixing the menu
And this time is different
Working to prevent closures
"Rigorous brand standards"
There's a strategic activation office
Wendy's may buy more restaurants "to enjoy the benefit of the turnaround."
$WEN
Traffic improved
Breakfast is now optional and wasn't as incremental as the company initially said
Company said it still wants to support restaurants with breakfast
Wendy's fixing the menu
And this time is different
Working to prevent closures
"Rigorous brand standards"
There's a strategic activation office
Wendy's may buy more restaurants "to enjoy the benefit of the turnaround."
$WEN
Wendy's up 2% despite turning down the Peltz-Flynn offer. $WEN
Wendy's talking about taking extensive efforts to help "a small group of franchisees" with struggling stores to avoid closures, including working with lenders to go interest-only for a while. The goal is to keep them afloat until things get better. $WEN
"Closing restaurants is no way to make a system healthier." -Bob Wright with another fantastic earnings call comment. $WEN