The Wendy's Company WEN is one of the leading quick-service restaurant companies that serves hamburgers, chicken breast sandwiches and wraps, chicken nuggets, chili, baked and French fried potatoes, freshly prepared salads, soft drinks and Frosty desserts. The company has been focusing on its system optimization initiative since 2013 to change its business to a franchise-based model. Though transition to a franchise-based business model has been weighing on revenues in the near term, it would lower Wendy’s general and administrative expenses and boost earnings going forward. […]