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 |
|---|---|---|---|
| 5/5/2025 | $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 |
| 12/21/2023 | $21.00 | Outperform → Neutral | Wedbush |
4 - Wendy's Co (0000030697) (Issuer)
4 - Wendy's Co (0000030697) (Issuer)
4 - Wendy's Co (0000030697) (Issuer)
4 - Wendy's Co (0000030697) (Issuer)
4 - Wendy's Co (0000030697) (Issuer)
4 - Wendy's Co (0000030697) (Issuer)
4 - Wendy's Co (0000030697) (Issuer)
4 - Wendy's Co (0000030697) (Issuer)
4 - Wendy's Co (0000030697) (Issuer)
4 - Wendy's Co (0000030697) (Issuer)
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
Wendy's is offering even more ways to love Frosty with new sauces and mix-ins, including OREO cookie pieces and Pop-Tarts Crunchy Poppers pieces DUBLIN, Ohio, April 10, 2025 /PRNewswire/ -- Wendy's® is reimagining the famous Frosty® with new ways to experience the beloved frozen treat! Fans can enjoy a fresh take on Frosty with the introduction of Frosty Swirls™, which feature new sauces, and Frosty Fusions™, which include sauces and various sweet treat mix-ins such as Pop-Tarts® and OREO® cookies. Fans can try out the fresh taste of Frosty Swirls by ordering exclusively in the Wendy's app beginning April 11*. Frosty Swirls will be available nationwide April 15 and Frosty Fusions will follow
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,
Broadcast legends Ian Eagle and Clark Kellogg share hot takes on Wendy's fresh, never frozen beef DUBLIN, Ohio, March 17, 2025 /PRNewswire/ -- Wendy's® is serving up the real MVP of March Madness® with two stars of its fresh, famous beef* lineup just in time for the tournament! Now through Sunday, April 13, fans can score bracket-winning deals with Wendy's as the Official Hamburger of March Madness, including a $1 Jr. Bacon Cheeseburger or a $1 Double Stack™ with an additional purchase exclusively with the offer in the Wendy's app**. With millions of March Madness fans hungry
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
Milestone marks significant progress towards expanding the brand's global presence DUBLIN, Ohio, Feb. 28, 2025 /PRNewswire/ -- The Wendy's Company announced today a major global growth milestone with the opening of the 500th Wendy's® restaurant in the Asia Pacific, Middle East and Africa (APMEA) region. The restaurant, located in Nagano, Japan, is owned and operated by franchisee Wendy's Japan K.K. and features the brand's new Global Next Gen design, which blends modern, innovative design with cutting-edge technology to enhance the customer experience. Wendy's has strong momen
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.
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
Fans can unwrap Wendy's deals exclusively on the Wendy's app December 11-22 DUBLIN, Ohio, Dec. 11, 2024 /PRNewswire/ -- WHAT:'Tis the season to celebrate twelve days of Wendy's® BOGO deals – it's officially "Bow-GO" season! Beginning today, December 11, fans can "unwrap" Wendy's in-app gifts to discover twelve days of delicious deals for more than $50 in savings. Save on the most beloved Wendy's menu items of 2024 every single day, exclusively in the Wendy's app* through Sunday, December 22. Want to know what's under the Wendy's tree? In-app deals will include buy-one-get-one
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
Wedbush downgraded Wendy's from Outperform to Neutral and set a new price target of $21.00
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
DUBLIN, Ohio, July 10, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) will release its second quarter 2024 results before the market opens on Thursday, August 1. 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 202635. An archived webcast and presentation materials will be available on the Company's Investor Re
DUBLIN, Ohio, May 2, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) today reported unaudited results for the first quarter ended March 31, 2024. "The momentum we built across our business in the first quarter puts us on track to achieve our 2024 outlook and on the path toward unlocking the full potential of the powerful Wendy's® brand," President and Chief Executive Officer Kirk Tanner said. "We delivered global same-restaurant sales growth, which accelerated by 120 basis points on a two-year basis versus the previous quarter. This was driven in part by high-single digi
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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
DUBLIN, Ohio, Feb. 26, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) announced the appointment of Matt Spessard as Chief Information Officer. He will report to President and Chief Executive Officer Kirk Tanner and serve on the Wendy's Senior Leadership Team. Spessard will succeed Kevin Vasconi who has served as Chief Information Officer since October 2020. WEN) is committed to doing the right thing and making a positive difference in the lives of others. This is most visible through the Company's support of the Dave Thomas Foundation for Adoption® and its signature Wendy's Wonderful Kids® program, which seeks to find
Chair Mary J. Guilfoile, Who Has Served With Distinction, to Step Down Following the 2024 Annual Meeting William S. Simon and Jill Sutton, Who Collectively Possess Experience in Capital Allocation, Corporate Governance and Transformations, Have Been Added to the Board Pitney Bowes Inc. (NYSE:PBI) ("Pitney Bowes" or the "Company"), a global shipping and mailing company that provides technology, logistics and financial services, today announced that Mary J. Guilfoile will step down as Chair and retire from the Board of Directors (the "Board") following the 2024 Annual Meeting of Stockholders (the "Annual Meeting"). The Board will elect a new Chair following Ms. Guilfoile's retirement. Add
Joseph Levato Will Not Stand for Re-Election at Wendy's 2024 Annual Meeting of Shareholders Changes Reflect Wendy's Previously Disclosed Commitment to Ongoing Director Refreshment and Promotion of Board Diversity DUBLIN, Ohio, Dec. 14, 2023 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) today announced that on December 13, 2023, its Board of Directors increased the size of the Board from 12 to 13 members and elected Wendy C. Arlin to serve as an independent director of the Company, effective immediately. In addition, Joseph A. ("Joe") Levato has notified the Board that he intends to retire from the Board and not stand for re-election at Wendy's 2024 Annual Meeting of Shareholders. Followi