Wendy’s has spent at least $200 million on stock buybacks this year alone. They have a plus 6% dividend yield. Costs have been ticking up while service and quality the last few times I went (it’s been awhile) was definitely down. I’m not against returning money to shareholders but massive stock buybacks when your company is struggling more strikes me as burning money.
sentientnestcamera on
My 4 year old (like most), loves fast food as a treat. We were doing a McDonald’s happy meal after his weekly game. But McDs feels so sterile these days (actually, cold, empty, and sterile inside). So we tried mixing it up with a few other places.
Wendy’s by far has the better burger these days than their competitors. The meat is juicy and the vegetables appear fresh. But inside feels a bit run down and also really empty. The few locations we tried felt like businesses going under.
I miss the 80s and the treat of getting fast food and inevitably seeing other kids from the neighborhood. Or the excitement of the playgrounds that McDonald’s and Burger King had. We really rarely see other families at them. It’s all kinda sad.
And I will die on the hill that fast food is fine as long as you skip the soda.
2 Comments
Wendy’s has spent at least $200 million on stock buybacks this year alone. They have a plus 6% dividend yield. Costs have been ticking up while service and quality the last few times I went (it’s been awhile) was definitely down. I’m not against returning money to shareholders but massive stock buybacks when your company is struggling more strikes me as burning money.
My 4 year old (like most), loves fast food as a treat. We were doing a McDonald’s happy meal after his weekly game. But McDs feels so sterile these days (actually, cold, empty, and sterile inside). So we tried mixing it up with a few other places.
Wendy’s by far has the better burger these days than their competitors. The meat is juicy and the vegetables appear fresh. But inside feels a bit run down and also really empty. The few locations we tried felt like businesses going under.
I miss the 80s and the treat of getting fast food and inevitably seeing other kids from the neighborhood. Or the excitement of the playgrounds that McDonald’s and Burger King had. We really rarely see other families at them. It’s all kinda sad.
And I will die on the hill that fast food is fine as long as you skip the soda.