Home Earnings Analysis Consumer  Summary Wendy’s Company (WEN) remains a Strong Buy, supported by robust cash flow, a high and sustainable dividend yield, and significant turnaround potential. WEN is executing Project Fresh, closing underperforming US restaurants, expanding internationally, and recently announcing a deal for up to 1,000 new units in China. Despite macro headwinds and high interest rates, WEN’s manageable debt, and disciplined capital allocation underpin its resilience. Current valuation offers a substantial margin of safety, with intrinsic value estimated well above current levels even when using very elevated discount rates. Getty Images Introduction Back when I last covered The Wendy’s Company ( WEN ), I upgraded them to Strong Buy, initiating a position and highlighting their deep discount despite the strong cash flow, attractive and well-covered dividend yield, and significant turnaround potential.…