This move aligns with Wendy's strategy to achieve significant international growth. Additionally, Wendy's is facing leadership challenges as CEO Kirk Tanner announced his departure, with CFO Ken Cook stepping in as interim chief executive. Truist Securities has lowered its price target for Wendy's to $14.00, citing weak second-quarter U.S. same-store sales and operational risks associated with the CEO's exit. Despite this, Truist maintains a Buy rating, expecting future menu innovations to boost sales. Meanwhile, Bernstein has reiterated its Market Perform rating, expressing concerns over the company's organizational stability. BTIG has also maintained a Neutral rating, highlighting skepticism about Wendy's long-term growth prospects amid the leadership transition.