🍔 The Wendy's Company $WEN has filed for Chapter 11 bankruptcy protection, following six consecutive quarters of declining same-store sales. The restructuring comes as the fast-food chain struggles with weakening customer demand and mounting operating pressures. The company’s shares have fallen nearly 80% from their all-time high, underscoring the prolonged deterioration in investor sentiment. Chapter 11 allows the business to reorganize while continuing operations as it works to stabilize its finances. 📉 #Wendys #Retail #Bankruptcy
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