The turnaround at $WEN is still nowhere in sight.

Well we can agree on that! 😅

I am guessing a turnaround will take a least a year but could be longer; the new CEO Wright is still installing his team and that could take a while.

Free Cash Flow of $120.3m is still higher than their interest expense of $67.96m so that is a glimmer of hope I guess lol

I am glad they cut the dividend so they can focus on capital management. The dividend was way too high imo.