Wendy's Future Growth

Future criteria checks 2/6

Wendy's is forecast to grow earnings and revenue by 7.1% and 3.4% per annum respectively. EPS is expected to grow by 10.8% per annum. Return on equity is forecast to be 111.5% in 3 years.

Key information

7.1%

Earnings growth rate

10.8%

EPS growth rate

Hospitality earnings growth	86.5%
Revenue growth rate	3.4%
Future return on equity	111.5%
Analyst coverage	Good
Last updated	01 Oct 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:TQK - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,389	241	N/A	404	11
12/31/2025	2,301	213	296	379	23
12/31/2024	2,219	193	279	363	22
6/30/2024	2,197	202	260	349	N/A
3/31/2024	2,188	207	302	392	N/A
12/31/2023	2,182	204	260	345	N/A
10/1/2023	2,177	199	256	347	N/A
7/2/2023	2,159	191	218	303	N/A
4/2/2023	2,136	180	207	292	N/A
1/1/2023	2,096	177	174	260	N/A
10/2/2022	2,032	188	167	252	N/A
7/3/2022	1,970	179	200	285	N/A
4/3/2022	1,925	196	201	281	N/A
1/2/2022	1,897	200	268	346	N/A
10/3/2021	1,898	187	288	355	N/A
7/4/2021	1,880	186	349	413	N/A
4/4/2021	1,789	145	323	390	N/A
1/3/2021	1,734	118	215	284	N/A
9/27/2020	1,687	106	179	257	N/A
6/28/2020	1,672	112	87	165	N/A
3/29/2020	1,705	119	132	208	N/A
12/29/2019	1,709	137	214	289	N/A
9/29/2019	1,680	129	161	232	N/A
6/30/2019	1,642	474	158	230	N/A
3/31/2019	1,618	472	147	218	N/A
12/30/2018	1,590	460	154	224	N/A
9/30/2018	1,501	601	240	308	N/A
7/1/2018	1,409	224	208	281	N/A
4/1/2018	1,318	192	N/A	265	N/A
12/31/2017	1,223	194	N/A	239	N/A
10/1/2017	1,224	64	N/A	212	N/A
7/2/2017	1,280	98	N/A	189	N/A
4/2/2017	1,342	127	N/A	180	N/A
1/1/2017	1,435	130	N/A	194	N/A
10/2/2016	1,590	189	N/A	231	N/A
7/3/2016	1,690	149	N/A	265	N/A
4/3/2016	1,797	147	N/A	242	N/A
1/3/2016	1,870	140	N/A	274	N/A
9/27/2015	1,893	74	N/A	191	N/A
6/28/2015	1,925	87	N/A	227	N/A
3/29/2015	1,942	90	N/A	262	N/A
12/28/2014	1,999	116	N/A	255	N/A
9/28/2014	2,104	127	N/A	260	N/A
6/29/2014	2,248	104	N/A	267	N/A
3/30/2014	2,392	89	N/A	312	N/A
12/29/2013	2,424	48	N/A	330	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TQK's forecast earnings growth (7.1% per year) is above the savings rate (0.8%).

Earnings vs Market: TQK's earnings (7.1% per year) are forecast to grow slower than the German market (20.2% per year).

High Growth Earnings: TQK's earnings are forecast to grow, but not significantly.

Revenue vs Market: TQK's revenue (3.4% per year) is forecast to grow slower than the German market (5.4% per year).

High Growth Revenue: TQK's revenue (3.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TQK's Return on Equity is forecast to be very high in 3 years time (111.5%).

Wendy's Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

the Wendy's Company Provides Earnings Guidance for 2024

The Wendy's Company Provides Earnings Guidance for the Year 2023 and Maintains Long-Term Outlook for 2024-2025

The Wendy's Company Provides Sales Guidance for the Full Year of 2022

Recent updates

High number of new directors

Now 21% undervalued

The Wendy's Company Announces Executive Appointments

Second quarter dividend of US$0.25 announced

Second quarter 2024 earnings released: EPS: US$0.27 (vs US$0.28 in 2Q 2023)

The Wendy's Company Declares Regular Quarterly Cash Dividend, Payable on September 17, 2024

Independent Director recently sold €335k worth of stock

Upcoming dividend of US$0.25 per share

The Wendy's Company Appoints Abigail Pringle as President, U.S. and E.J. Wunsch as President, International, Effective June 17, 2024

The Wendy's Company to Report Q2, 2024 Results on Aug 01, 2024

The Wendy's Company Announces Executive Changes

First quarter dividend of US$0.25 announced

The Wendy's Company Declares Regular Quarterly Cash Dividend, Payable on June 17, 2024

First quarter 2024 earnings released: EPS: US$0.20 (vs US$0.19 in 1Q 2023)

Now 20% overvalued

The Wendy's Company, Annual General Meeting, May 21, 2024

Wendy's Debuts Orange Dreamsicle Frosty

The Wendy's Company Announces Chief Information Officer Changes

Fourth quarter dividend of US$0.25 announced

The Wendy's Company to Report Q1, 2024 Results on May 02, 2024

Full year 2023 earnings released: EPS: US$0.98 (vs US$0.83 in FY 2022)

the Wendy's Company Provides Earnings Guidance for 2024

The Wendy's Company Introduces its New Morning Delight: Breakfast Burrito

The Wendy's Company Announces CEO Changes

The Wendy's Company to Report Q4, 2023 Results on Feb 15, 2024

Independent Director recently sold €353k worth of stock

Upcoming dividend of US$0.25 per share at 5.2% yield

Wendy's New Chicken Strips & French Toast Sticks Combine Sweet and Savoury Flavours All Day Long

The Wendy's Company Declares Regular Quarterly Cash Dividend, Payable on December 15, 2023

Third quarter 2023 earnings released: EPS: US$0.28 (vs US$0.24 in 3Q 2022)

The Wendy's Company to Report Q3, 2023 Results on Nov 02, 2023

Now 21% undervalued after recent price drop

Wendy's Brings the Taste of Fall to Charlotte with New Seasonal Pumpkin Spice Frosty

Upcoming dividend of US$0.25 per share at 5.0% yield

Now 20% undervalued after recent price drop

The Wendy's Company Declares Regular Cash Dividend, Payable on September 15, 2023

Second quarter 2023 earnings released: EPS: US$0.28 (vs US$0.23 in 2Q 2022)

Wendy's Brings Frosty Cream Cold Brew and New Flavor to Coffee Lineup

The Wendy's Company to Report Q2, 2023 Results on Aug 09, 2023

Independent Director recently sold €62k worth of stock

Upcoming dividend of US$0.25 per share at 4.5% yield

The Wendy's Company Provides Earnings Guidance for the Year 2023 and Maintains Long-Term Outlook for 2024-2025

First quarter 2023 earnings released: EPS: US$0.19 (vs US$0.17 in 1Q 2022)

Insufficient new directors

Full year 2022 earnings released: EPS: US$0.83 (vs US$0.91 in FY 2021)

Upcoming dividend of US$0.25 per share at 4.4% yield

The Wendy's Company (NasdaqGS:WEN) announces an Equity Buyback for $500 million worth of its shares.

The Wendy's Company to Report Q4, 2022 Results on Jan 13, 2023

Wendy's Toasts the New Year with NEW Homestyle French Toast Sticks

Upcoming dividend of US$0.13 per share

Wendy's Gives Indiana Residents a Hearty Way to Start Their Day with The Hoosier Biscuit Bowl

The Wendy's Company Announces Drops New Italian Mozzarella Sandwiches and Garlic Fries

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$0.24 (vs US$0.18 in 3Q 2021)

The Wendy's Company Provides Sales Guidance for the Full Year of 2022

Ron Simon & Associates Files First Lawsuit in the Wendy's E. Coli Outbreak

Upcoming dividend of US$0.13 per share

Second quarter 2022 earnings released: EPS: US$0.23 (vs US$0.30 in 2Q 2021)

The Wendy's Company Reports Unaudited Consolidated Impairment of Long-Lived Assets for the Three Months Ended July 3, 2022

Wendy's Brings Two Berry Items to Menu with Introduction of Strawberry Frosty for Limited-Time and Return of Seasonal Summer Strawberry Chicken Salad

Wendy's Biggest Shareholder Trian Explores Takeover of Burger Chain

Upcoming dividend of US$0.13 per share

First quarter 2022 earnings released: EPS: US$0.17 (vs US$0.18 in 1Q 2021)

The Wendy's Company Reports Unaudited Consolidated Impairment of Long-Lived Assets for the Three Months Ended April 3, 2022

Insufficient new directors

The Wendy's Company, Annual General Meeting, May 18, 2022

The Wendy's Company (NasdaqGS:WEN) acquired 93 Franchise-Operated Restaurants in Florida for approximately $130 million.

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

the Wendy's Company Declares Regular Quarterly Cash Dividend, Payable on March 15, 2022

The Wendy's Company to Report Q1, 2022 Results on May 11, 2022

The Wendy's Company Launches Forged in Flavor: Wendy's New Hot Honey Duo of Craft Sandwiches Delivers Sweet, Sweet Heat Morning, Noon and Night

Earnings and Revenue Growth Forecasts