$WEN - Why I’m optimistic.

$WEN Everyone is talking about the short interest, but I think the bigger story is the leadership overhaul. Bob Wright (former Potbelly CEO) was just confirmed as permanent CEO. Steve Cirulis was just hired as CFO/Chief Strategy Officer. They worked together at Potbelly during its turnaround, improving restaurant margins, average unit volumes, ROIC, and ultimately creating substantial shareholder returns. Meanwhile, Wendy’s is still down roughly 70% over the past five years despite the recent

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