WEN
The Wendy's Company8.35
+0.12+1.46%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Key Stats
Market Cap
1.59BP/E (TTM)
8.88Basic EPS (TTM)
0.94Dividend Yield
0.09%Recent Filings
8-K
Wendy's issues $450M notes
Wendy's Funding issued $450 million 5.422% fixed-rate senior secured notes on December 15, 2025, secured by franchise agreements, real estate, and IP. Proceeds repay 2019-1 notes, 7% debentures due that day, fees, and fund growth or shareholder returns. Amendments boost asset disposition flexibility, yet trigger rapid amortization on weak sales.
8-K
Wendy's $450M notes issuance
Wendy's Funding agreed to issue $450 million 5.422% fixed-rate senior secured Class A-2 notes maturing December 2032, with quarterly interest, via private securitization led by Barclays. Closing targets end of Q4 2025, subject to conditions. Notes carry extra interest post-maturity if unrepaid. Closing hinges on conditions.
8-K
Q3 sales dip, int'l shines
Wendy's reported Q3 2025 results with global systemwide sales down 2.6% to $3.5B, yet international sales surged 8.6% while U.S. comps fell 4.7%. Adjusted EBITDA rose 2.1% to $138.0M despite U.S. restaurant margin compression to 13.1%. Launched Project Fresh turnaround; raised free cash flow outlook to $195-210M. Bylaws amended November 5 for stockholder consents.
10-Q
Q3 FY2025 results
Wendy's revenues dipped 3.0% y/y to $549.5M in Q3 ended September 28, 2025, with operating profit off 2.8% to $92.0M (16.7% margin) and diluted EPS flat at $.23; y/y sales rose 1.2% (derived) yet franchise royalties fell on 3.9% lower same-restaurant sales, while advertising funds revenue plunged on lapsed promotions. U.S. drove 82% of revenues but saw traffic weaken; international grew 6.1% y/y. Cash fell to $291M amid $201M buybacks, with operating cash flow at $275M (FCF not disclosed in the 10-Q.); acquired 35 restaurants for $16.9M, recognizing $2.5M goodwill. Litigation claims pose ongoing uncertainty.
8-K
Wendy's launches Project Fresh
The Wendy's Company unveiled Project Fresh on October 9, 2025, a strategic plan to revitalize its brand, optimize U.S. restaurant performance, and boost profitability through four pillars: brand revitalization, system optimization, operational excellence, and capital reallocation. Key moves include cutting Build to Suit program spending by $20 million in 2025 to fund AUV growth via technology and marketing, while sustaining international expansion. Execution ramps up now. Risks like competition and economic pressures could hinder results.
DENN
Denny's Corporation
6.21+0.01
DPZ
Domino's Pizza Inc
433.90-3.60
JACK
Jack In The Box Inc.
20.39+0.74
MCD
McDonald's Corporation
314.50-4.23
NDLS
Noodles & Company
0.62-0.06
QSR
Restaurant Brands International
70.47-0.52
RSTRF
Restaurant Brands International
72.45+0.00
SHAK
Shake Shack, Inc.
81.68-1.97
WING
Wingstop Inc.
246.56+6.86
YUM
Yum! Brands, Inc.
151.03-2.79