The Wendy's Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy's U.S., Wendy's International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of January 3, 2021, it operated approximately 361 Company-operated restaurants; 5,520 franchised restaurants in the United States; and 947 franchised restaurants internationally. The company also owns and leases real estate properties. It owns 509 and leases 1,245 properties, which are leased or subleased primarily to franchisees. The company was formerly known as Wendy's/Arby's Group, Inc. and changed its name to The Wendy's Company in July 2011. The Wendy's Company was founded in 1969 and is headquartered in Dublin, Ohio.
IPO Year:
Exchange: NASDAQ
Website: wendys.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/14/2025 | Buy → Neutral | Guggenheim | |
| 5/5/2025 | $15.00 | Neutral → Overweight | Analyst |
| 2/26/2025 | $20.00 → $17.00 | Neutral | Analyst |
| 1/21/2025 | $22.00 → $14.00 | Equal-Weight → Underweight | Morgan Stanley |
| 6/13/2024 | $16.00 | Sell | Goldman |
| 4/12/2024 | $20.00 | Equal-Weight | Stephens |
| 2/22/2024 | $24.00 → $20.00 | Outperform → Mkt Perform | Bernstein |
| 2/21/2024 | $22.00 → $19.00 | Overweight → Neutral | JP Morgan |
| 1/16/2024 | $21.00 | Buy → Hold | Gordon Haskett |
| 1/3/2024 | $23.00 → $21.00 | Overweight → Equal Weight | Barclays |
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Global systemwide sales were $3.7 billion, a decrease of 1.8%International systemwide sales grew 8.7% with growth across all regionsAdded 26 net new restaurants and remain on track to deliver full-year net unit growth between 2-3%Reported diluted earnings per share and adjusted earnings per share were $0.29, an increase of 7.4%Returned $88.7 million to shareholders through dividends and share repurchasesUpdates full-year 2025 outlookDUBLIN, Ohio, Aug. 8, 2025 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) today reported unaudited results for the second quarter ended June 29, 2025.
Launching in restaurants nationwide on August 4, Wendy's exclusive collaboration with Netflix's hit show, Wednesday, includes new "Raven's Blood" Frosty and four mystery "Dips of Dread" sauces DUBLIN, Ohio, July 23, 2025 /PRNewswire/ -- What happens when two iconic pig-tailed provocateurs join forces in the kitchen? They create a meal that is pure punishment in a bag: introducing the Wendy's® x Wednesday™ Meal of Misfortune. Designed by Wednesday Addams, the other pig-tailed outcast herself, the limited-time Meal of Misfortune is centered around the "Dips of Dread," four infer
DUBLIN, Ohio, July 22, 2025 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) announced the appointment of Pete Suerken as President, U.S., effective today. He will report to interim Chief Executive Officer Ken Cook and serve on the Wendy's® Senior Leadership Team. Suerken will succeed Abigail Pringle, who has served as President, U.S. since 2024 and will depart the Company in the coming weeks to pursue other opportunities after a transition period with Suerken. Suerken has served as President and CEO of Wendy's Quality Supply Chain Co-op ("QSCC"), the independent purchasing co
Momentum builds behind global expansion strategy as brand aims to accelerate global net unit growth to achieve 2,000 international restaurants by 2028 DUBLIN, Ohio, July 15, 2025 /PRNewswire/ -- The Wendy's Company announced today the finalization of two new franchise agreements that will add up to 190 new Wendy's® restaurants across Italy and Armenia, marking a significant step forward in advancing the brand's strategic priority to accelerate global net unit growth. These commitments support Wendy's goal to achieve 70 percent of its unit growth outside the United States, with the Company expecting to reach 2,000 international restaurants by 2028.
DUBLIN, Ohio, July 10, 2025 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) will release its second quarter 2025 results before the market opens on Friday, August 8. The Company will host a conference call that same day at 8:30 a.m. ET, with a simultaneous webcast accessible from the Company's Investor Relations website at www.irwendys.com. The related presentation materials will also be available on the Company's Investor Relations website. The live conference call will be available by telephone at (844) 200-6205 for domestic callers and (929) 526-1599 for international callers, both using event ID 141219. A replay of the webcast will be available on the Company's Investor Relations websit
Kirk Tanner to Depart Wendy's for CEO Role at The Hershey Company DUBLIN, Ohio, July 8, 2025 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) today announced that Kirk Tanner, President and Chief Executive Officer, is leaving to become the President and CEO at The Hershey Company (NYSE:HSY) and will depart The Wendy's Company effective July 18, 2025. Wendy's Board of Directors has launched a comprehensive search process to select a permanent CEO. The Board has appointed Ken Cook, Chief Financial Officer of the Company, as Interim CEO. Cook, who remains CFO, played a major role
The new Takis Fuego Meal is available in U.S. restaurants starting June 20, and in Canada restaurants starting June 30 DUBLIN, Ohio, June 17, 2025 /PRNewswire/ -- Meet this summer's fiercest duo: Wendy's® iconic Spicy Chicken Sandwich and fan-favorite snack brand Takis® join forces to create the limited-time Takis Fuego™ Meal, which features the Takis® Fuego™ Chicken Sandwich and Takis-inspired Fuego™ Fries. Wendy's fans can get their hands on the collaboration in U.S. restaurants on June 20, and in Canada restaurants starting June 30. Wendy's is giving fans a whole new take o
The Iconic Bold Flavors of Wendy's® Baconator® Meet the Cheesy Crunch of Cheez-It® in a Crave-worthy Collab, Available Nationwide This July CHICAGO, June 10, 2025 /PRNewswire/ -- When a snack craving hits, only an explosion of flavors can truly satisfy. That's why this summer, Cheez-It® is teaming up with the fast-food innovators at Wendy's® to serve up the ultimate craveable fix: the first-ever Cheez-It x Wendy's Baconator® crackers. This limited-edition collaboration brings together the best of both worlds: mouthwatering Baconator flavor and the signature Cheez-It crunch. It's your go-to snack and your drive-thru must-have combined into an absurdly delicious bite.
Milestone reflects five decades of growth, innovation, and commitment to Canadian communities BURLINGTON, ON, May 20, 2025 /CNW/ - Wendy's®, the quick-service restaurant brand that opened its doors and brought its fresh, never frozen square beef hamburgers to Canada in 1975, is celebrating 50 fresh years in Canada. Since opening the first restaurant in Hamilton, Ontario, which is still serving fans today, Wendy's Canada has expanded to nearly 450 restaurants across the country - all franchise-owned and locally operated. To celebrate 50 fresh years in Canada, Wendy's is serving
Global systemwide sales were $3.4 billion, a decrease of 1.1%Added 68 net new restaurants and remain on track to deliver full-year net unit growth of 2-3%Increased global digital sales mix to a record 20.3%Returned $173.5 million to shareholders through dividends and share repurchasesUpdates full-year 2025 outlook to reflect the current consumer environmentDUBLIN, Ohio, May 2, 2025 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) today reported unaudited results for the first quarter ended March 30, 2025. "We continued to deliver for our customers during the first quarter. In
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Guggenheim downgraded Wendy's from Buy to Neutral
Analyst upgraded Wendy's from Neutral to Overweight and set a new price target of $15.00
Analyst resumed coverage of Wendy's with a rating of Neutral and set a new price target of $17.00 from $20.00 previously
Morgan Stanley downgraded Wendy's from Equal-Weight to Underweight and set a new price target of $14.00 from $22.00 previously
Goldman initiated coverage of Wendy's with a rating of Sell and set a new price target of $16.00
Stephens resumed coverage of Wendy's with a rating of Equal-Weight and set a new price target of $20.00
Bernstein downgraded Wendy's from Outperform to Mkt Perform and set a new price target of $20.00 from $24.00 previously
JP Morgan downgraded Wendy's from Overweight to Neutral and set a new price target of $19.00 from $22.00 previously
Gordon Haskett downgraded Wendy's from Buy to Hold and set a new price target of $21.00
Barclays downgraded Wendy's from Overweight to Equal Weight and set a new price target of $21.00 from $23.00 previously
Live finance-specific insights
Global systemwide sales were $3.7 billion, a decrease of 1.8%International systemwide sales grew 8.7% with growth across all regionsAdded 26 net new restaurants and remain on track to deliver full-year net unit growth between 2-3%Reported diluted earnings per share and adjusted earnings per share were $0.29, an increase of 7.4%Returned $88.7 million to shareholders through dividends and share repurchasesUpdates full-year 2025 outlookDUBLIN, Ohio, Aug. 8, 2025 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) today reported unaudited results for the second quarter ended June 29, 2025.
DUBLIN, Ohio, July 10, 2025 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) will release its second quarter 2025 results before the market opens on Friday, August 8. The Company will host a conference call that same day at 8:30 a.m. ET, with a simultaneous webcast accessible from the Company's Investor Relations website at www.irwendys.com. The related presentation materials will also be available on the Company's Investor Relations website. The live conference call will be available by telephone at (844) 200-6205 for domestic callers and (929) 526-1599 for international callers, both using event ID 141219. A replay of the webcast will be available on the Company's Investor Relations websit
Global systemwide sales were $3.4 billion, a decrease of 1.1%Added 68 net new restaurants and remain on track to deliver full-year net unit growth of 2-3%Increased global digital sales mix to a record 20.3%Returned $173.5 million to shareholders through dividends and share repurchasesUpdates full-year 2025 outlook to reflect the current consumer environmentDUBLIN, Ohio, May 2, 2025 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) today reported unaudited results for the first quarter ended March 30, 2025. "We continued to deliver for our customers during the first quarter. In
DUBLIN, Ohio, April 7, 2025 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) will release its first quarter 2025 results before the market opens on Friday, May 2. The Company will host a conference call that same day at 8:30 a.m. ET, with a simultaneous webcast accessible from the Company's Investor Relations website at www.irwendys.com. The related presentation materials will also be available on the Company's Investor Relations website. The live conference call will be available by telephone at (844) 200-6205 for domestic callers and (929) 526-1599 for international callers,
Shares plans to update core menu items and launch impactful innovation to meet consumer preferences and win in fast growing segments Details increased investments in technology and operations to enhance the customer experience Outlines expectations to add 1,000 net new restaurants globally by 2028Announces long-term financial algorithm of 3-4% annual net unit growth, 5-6% annual systemwide sales growth, and 7-8% annual adjusted EBITDA growthDUBLIN, Ohio, March 6, 2025 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) will host its 2025 Investor Day today at its Restaurant Support Center in Dublin, Ohio. The event will feature presentations from members of Wendy's senior leadership team, who w
Wendy's systemwide sales grew 5.4% in the fourth quarter, reaching $3.7 billion,* including same-restaurant sales growth of 4.3%. For the full year systemwide sales grew 3.1%, reaching $14.5 billion, including same-restaurant sales growth of 1.5%.Total revenues for the fourth quarter were $574.3 million and adjusted revenues were $459.3 million, an increase of 6.4%.* Total revenues for the full year were $2.2 billion and adjusted revenues were $1.8 billion, an increase of 2.0%.Net income for the fourth quarter was $47.5 million and adjusted EBITDA was $137.5 million, an increase of 8.6%.* Net income for the full year was $194.4 million and adjusted EBITDA was $543.6 million, an increase of 1
DUBLIN, Ohio, Jan. 15, 2025 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) will release its fourth quarter and full year 2024 results and share its 2025 financial outlook before the market opens on Thursday, February 13. The Company will host a conference call that same day at 8:30 a.m. ET, with a simultaneous webcast from the Company's Investor Relations website at www.irwendys.com. The related presentation materials will also be available on the Company's Investor Relations website. The live conference call will be available by telephone at (844) 200-6205 for domestic call
DUBLIN, Ohio, Oct. 31, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) today reported unaudited results for the third quarter ended September 29, 2024. "Wendy's restaurants continued to deliver sales growth during the third quarter, maintaining overall traffic and dollar share in the QSR burger category," said Kirk Tanner, President and Chief Executive Officer. "We continued to strengthen the relationship with our customers through our digital and loyalty platforms while driving growth for the breakfast and late-night dayparts. We expect to build on this progress into th
DUBLIN, Ohio, Oct. 9, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) will release its third quarter 2024 results before the market opens on Thursday, October 31. The Company will host a conference call that same day at 8:30 a.m. ET, with a simultaneous webcast from the Company's Investor Relations website at www.irwendys.com. The related presentation materials will also be available on the Company's Investor Relations website. The live conference call will be available by telephone at (844) 200-6205 for domestic callers and (929) 526-1599 for international callers, both using event ID 838590. An archived webcast and presentation materials will be available on the Company's Investor Re
Dublin, Ohio, Aug. 1, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) today reported unaudited results for the second quarter ended June 30, 2024. "Our restaurants across the globe continued to deliver same-restaurant sales growth, holding steady with the QSR burger category in the second quarter," President and Chief Executive Officer Kirk Tanner said. "Our industry leading quality, exciting innovation, and compelling value will remain in focus as we continue to execute our customer first approach and drive the restaurant economic model throughout the rest of the year a
Live Leadership Updates
DUBLIN, Ohio, July 22, 2025 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) announced the appointment of Pete Suerken as President, U.S., effective today. He will report to interim Chief Executive Officer Ken Cook and serve on the Wendy's® Senior Leadership Team. Suerken will succeed Abigail Pringle, who has served as President, U.S. since 2024 and will depart the Company in the coming weeks to pursue other opportunities after a transition period with Suerken. Suerken has served as President and CEO of Wendy's Quality Supply Chain Co-op ("QSCC"), the independent purchasing co
Kirk Tanner to Depart Wendy's for CEO Role at The Hershey Company DUBLIN, Ohio, July 8, 2025 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) today announced that Kirk Tanner, President and Chief Executive Officer, is leaving to become the President and CEO at The Hershey Company (NYSE:HSY) and will depart The Wendy's Company effective July 18, 2025. Wendy's Board of Directors has launched a comprehensive search process to select a permanent CEO. The Board has appointed Ken Cook, Chief Financial Officer of the Company, as Interim CEO. Cook, who remains CFO, played a major role
The new Takis Fuego Meal is available in U.S. restaurants starting June 20, and in Canada restaurants starting June 30 DUBLIN, Ohio, June 17, 2025 /PRNewswire/ -- Meet this summer's fiercest duo: Wendy's® iconic Spicy Chicken Sandwich and fan-favorite snack brand Takis® join forces to create the limited-time Takis Fuego™ Meal, which features the Takis® Fuego™ Chicken Sandwich and Takis-inspired Fuego™ Fries. Wendy's fans can get their hands on the collaboration in U.S. restaurants on June 20, and in Canada restaurants starting June 30. Wendy's is giving fans a whole new take o
Thousands of Wendy's restaurants will host local Girl Scout troops selling cookies as a national boothing partner DUBLIN, Ohio, Feb. 20, 2025 /PRNewswire/ -- Wendy's® is taking its iconic Frosty® to the next level with a new Thin Mints™-inspired treat that's equal parts cool and creamy, mint and chocolate. Wendy's, as a licensed partner of Girl Scouts of the USA (GSUSA), is serving up the limited-time Thin Mints Frosty in Wendy's restaurants nationwide beginning Feb. 21*. The newest sweet treat will be available just in time to celebrate National Girl Scout Cookie Weekend, when Girl Scout Cookies® are widely available across the country.
Cook to Succeed Gunther Plosch Effective December 2 DUBLIN, Ohio, Nov. 18, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) today announced the appointment of Ken Cook as Chief Financial Officer, effective December 2, 2024. He will report to President and Chief Executive Officer Kirk Tanner and serve on the Wendy's Senior Leadership Team. Cook will succeed Gunther Plosch who has served as Chief Financial Officer since 2016 and will depart the Company at the end of the year after a transition with Cook. Cook most recently served as Head of Financial Planning and Analysis a
John Min Appointed Chief Legal Officer and Secretary Mary Greenlee Named Senior Vice President, U.S. Operations DUBLIN, Ohio, Sept. 16, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) ("Wendy's" or the "Company") announced today the appointment of John Min as the Company's Chief Legal Officer and Secretary and Mary Greenlee as Senior Vice President, U.S. Operations, effective today. These appointments represent the continued evolution of the Company's leadership structure to drive accountability and accelerate growth. Min will report to President and Chief Executive Officer, Kirk Tanner, and Greenlee will report to President, U.S., Abigail Pringle. Min succeeds E.J. Wunsch, who was app
Nelson Peltz Appointed Chairman Emeritus DUBLIN, Ohio, Sept. 6, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) today announced that its Board of Directors has appointed Arthur B. Winkleblack as non-executive Chairman of the Board. He succeeds Nelson Peltz, who has been named Chairman Emeritus in recognition of his long-time leadership, counsel, guidance and contributions to the Board and the Company. Winkleblack has served as Lead Independent Director since October 2023 and has been a member of the Board since 2016. He also serves as Chairman of the Nominating and Corp
Dutch Bros Inc. (NYSE:BROS, "Dutch Bros"))), a west coast-based drive-thru beverage company focused on making a massive difference one cup at a time, has announced the appointment of Todd Penegor to its Board of Directors, where he will serve as an independent director. Penegor brings extensive executive leadership experience from his tenure as President and CEO of The Wendy's Company (NASDAQ:WEN), along with previous roles at Kellanova (formerly Kellogg Company) (NYSE:K) and Ford Motor Company (NYSE:F). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240624176723/en/Todd Penegor (Photo: Business Wire) "Todd is a values-based lea
The newest Frosty is the berry best and brightest treat of the season DUBLIN, Ohio, June 12, 2024 /PRNewswire/ -- This summer, Wendy's® fans can cool off with a new and oh-so-refreshing Frosty® treat. Now available nationwide for a limited time, Triple Berry Frosty* is the biggest and juiciest flavor to join Wendy's iconic Frosty lineup yet. Triple Berry Frosty combines three of the freshest fruit flavors of the season – strawberry, blackberry and raspberry – into one sweet summer treat. A Frosty that's just as bright in color as it is in berry flavor, Triple Berry Frosty is the sweet treat of the summer.
Elevation of Current Senior Leadership Team Members Supports Growth of Core Business Segments DUBLIN, Ohio, May 23, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) announced the appointment of Abigail Pringle to the newly-created role of President, U.S. and E.J. Wunsch to President, International effective June 17. Ms. Pringle has served as President, International and Chief Development Officer since 2019, and in numerous leadership roles across Development, Operations and Strategic Initiatives since joining the Company in 2002. Mr. Wunsch has served as Chief Legal Officer since joining the Company in 2016. He has been a strategic partner on various international initiatives across Au
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