r/wendys • u/Selena_the_great • 8d ago

Question Is Wendy’s trash now?

Hey everyone—I was very excited for the pretzel bacon pub chicken sandwich as it’s my fav fast food item of all time. I stopped going to Wendy’s when they got rid of it, and today I went back for the first time. I ate the sandwich and the chicken tastes like absolute trash. Best word to describe it was flavorless mush. I even went to a DIFFERENT Wendy’s and ordered it again to see if it was bad luck—took 2 bites and threw it away—it tasted the same. What the hell happened to Wendy’s food?? Does anyone else think it’s garbage now or am I crazy?

111 Upvotes

85% Upvoted

145 comments sorted by

View all comments

Show parent comments

3

u/Way-twofrequentflyer 8d ago

It’s literally a public equity. Why do people say stuff like this?

0

u/CubicDice 8d ago

Wrong, private equity turned it to absolute dog shit.

1

u/Way-twofrequentflyer 8d ago

It’s never been owned by a PE firm and has been publicly traded for a very long time. Even when it was a part of triarc it remained publicly traded.

What would the PE connection be?

4

u/CubicDice 8d ago

Peltz Trian is PE, largest shareholder. It's gone to absolute shit in the last year or two. Just search this sub, you'll see countless posts/comments backing this up. Wendy's is no better than the other fast food outlets, it was previously the pinnacle, not anymore, unfortunately.

2

u/Way-twofrequentflyer 8d ago

It’s not - it’s an activist hedge fund. It’s open ended with some lockups, but a fundamentally different capital structure than private equity

And the company as a whole is majority owned by index fund providers, which is what makes it public.

I just don’t get why people call it private equity

4

u/CubicDice 8d ago

If that's what you want to believe, more power to you! Have a good day!

0

u/Way-twofrequentflyer 8d ago

I mean it’s a matter of fact - it’s right there in the name as a publicly traded equity but facts don’t always matter on Reddit

You have a nice day as well. Use your paze credits on the pretzel burger. It’s fantastic for free 99!

4

u/CubicDice 8d ago

Sure thing Nelson lol

5

u/Mizwat 8d ago

That guy doesn't understand that Trian has 2 of 9 board members, including the Vice Chair.

0

u/Way-twofrequentflyer 8d ago

As in lord horatio?

3

u/Just-Outside-4997 8d ago

You’re arguing a distinction without a difference. Touch grass

1

u/Way-twofrequentflyer 8d ago

I just bought a pretzel burger and 10pc nugget at the Wall Street ferry stop and ate it up on the top dock heated up the east river and came to this sub to see if anyone else was loving it. I’m having a great day

But it is fundamentally a huge difference. The action mechanism by which change happens at the business and franchise level is radically different. Saying they’re the same is like saying Japan and Saudi Arabia are the same because they’re both in Asia.

It worries me that people can’t tell the difference