The Company is primarily engaged in the business of operating, developing and franchising a system of distinctive quick-service restaurants serving high quality food.
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Wendy's has been getting slammed recently. Much of this is because of its outdated stores and outdated atmosphere. But its menu is fair, if too often changed, and new restaurants have a much better vibe. For Wendy's, it is a question of time: a heavy debt load, a poor return on equity, and a poor profit margin are of course significant challenges. Unloading Arby's was a good move, and management could turn this ship around, leading to substantial rewards for shareholders. But this is a high risk investment until the direction of the company is more visible.