It's hard enough to make hay competing against well-run businesses like
McDonald's (NYSE:
MCD),
and it's not made any easier by the intense price and brand competition
that goes with the restaurant industry. What makes matters even worse
for
Wendy's (Nasdaq:
WEN)
is that the company is trying to establish itself as a "premium quick
service restaurant (QSR)" in a market that just doesn't seem to want to
pay
premium prices for hamburgers and quirky sides like baked potatoes.
Continue reading here:
http://stocks.investopedia.com/stock-analysis/2012/Wendys-In-For-A-Long-Hard-Road--WEN-MCD-CMG-YUM0509.aspx
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