The Wendy’s Company (WEN) “Had The Worst Quarter,” Says Jim Cramer

We recently published 10 Stocks On Jim Cramer’s Mind As He Gives Up On Becoming Fed Chair. The Wendy’s Company (NASDAQ:WEN) is one of the stocks Jim Cramer recently discussed.

The Wendy’s Company (NASDAQ:WEN) is an American restaurant chain whose shares have lost 31% year-to-date. The firm has struggled in a weak American consumer spending environment, particularly in the first quarter. Cramer’s previous comments about The Wendy’s Company (NASDAQ:WEN) have revealed that the stock has also struggled due to management turmoil, which saw the firm’s CEO leave just as President Trump announced his tariffs in April. While Cramer is bullish on some food chains such as Starbucks, he isn’t a fan of The Wendy’s Company (NASDAQ:WEN) and has advised viewers to avoid buying the firm. This time, he remarked on the firm’s earnings results, which saw its shares jump by 9.7%:

“Oh god, Wendy’s? They had such a horrible, they had the worst quarter. Wendy’s had a horrible quarter.”

Previously, the CNBC TV host discussed The Wendy’s Company (NASDAQ:WEN) in detail:

“Look, other than the fact that my wife loves Wendy’s so much, it’s just ridiculous, I’m not liking the stock. I mean, you know, they cut the dividend already. The dividend now is 5%. There’s something very wrong at Wendy’s, and the answer is you do not want to touch it. That happens to be a very tough industry, the burger industry. You want to stay away from Wendy’s.”

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Disclosure: None. This article is originally published at Insider Monkey.