Avian flu is in the headlines now, but it will not continue. The upside is gigantic.

They've taken pricing and they've gotten into Indonesia and other markets where demand is growing. Not everything is going to be going entirely right in at least one or two countries at any point in time.

There will be a return to a positive cycle in beef. That could normalize earnings. Share prices in the mid-$20s is a possibility and that is a long way from where they are trading now.

There will be a return to a positive cycle in beef that could normalize earnings. Share prices in the mid-$20s is a possibility, and that is a long way from where they are trading now.

We have little visibility regarding the time it might take to get back in-line with guidance.

It appears as if Wendy's missteps over the past two years could be ending and that the growing new product pipeline and easing beef costs could allow for same-store sales and margins to be bottoming.