Wendy's Focuses on the Tried and True for Growth
Fast-food chains have been getting quite a bit of attention in recent months. New chicken sandwiches have created long lines and plant-based burgers have caused a stir. Wendy's (NASDAQ: WEN) made some noise of its own by announcing it would start serving breakfast again in 2020.
The company made the breakfast announcement back in September, and it sees strong growth opportunities in the space. Wendy's President and CEO Todd Penegor stated in the press release, "Launching breakfast in our U.S. restaurants nationwide provides incredible growth opportunities." He added, "We are well-positioned to pursue it. We believe we have the right team and structure in place, and we put Wendy's fan favorites on our breakfast menu to set us apart from the competition."
Image source: Wendy's.
Source Fool.com
