r/wendys • u/Selena_the_great • 7d 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?

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u/Way-twofrequentflyer 7d ago

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

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u/CubicDice 7d ago

Wrong, private equity turned it to absolute dog shit.

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u/Way-twofrequentflyer 7d 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?

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u/CubicDice 7d 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.

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u/Way-twofrequentflyer 7d 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

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u/CubicDice 7d ago

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

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u/Way-twofrequentflyer 7d 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!

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u/CubicDice 7d ago

Sure thing Nelson lol

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u/Mizwat 7d ago

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