Dossier
Flynn Group
Coverage of Flynn Group in the Nexus archive.
- Nelson Peltz might take Wendy’s private following six straight quarterly sales declines as customers flee its poor franchise models and bad marketing
Wendy’s is struggling with operational issues, reporting a 7% drop in U.S. same-restaurant sales and declining traffic over six consecutive quarters. Activist investor Nelson Peltz's Trian Fund Management has assembled a consortium that may submit an offer to take Wendy’s private due to these declines and pressure on franchisee economics.