Announcement • May 23
the Wendy's Company Appoints Robert D. "Bob" Wright as President and Board Director, Effective May 21, 2026 The Wendy's Company announced that its Board of Directors has appointed Robert D. "Bob" Wright as Wendy's President, effective May 21, 2026. He will also join the Company's Board of Directors. Mr. Wright brings extensive leadership experience across the quick-service restaurant industry and a strong track record of driving operational performance, business transformation and growth. Most recently, he served as President and Chief Executive Officer, as well as a member of the board of directors, of Potbelly Corporation, where he led a period of meaningful growth, expanding the brand's footprint and developing one of the fastest-growing digital platforms in the restaurant industry. His prior experience includes multiple senior leadership roles at Wendy's, including as Executive Vice President, Chief Operations Officer, as well as leadership positions at Charleys Philly Steaks, Checkers Drive-In Restaurants Inc. and Domino's Pizza Inc. Announcement • May 22
The Wendy's Company Announces Chief Executive Officer Changes The Wendy's Company announced that its Board of Directors has appointed Robert D. "Bob" Wright as Wendy's Chief Executive Officer, effective May 21, 2026. Mr. Wright brings extensive leadership experience across the quick-service restaurant industry and a strong track record of driving operational performance, business transformation and growth. Most recently, he served as President and Chief Executive Officer, as well as a member of the board of directors, of Potbelly Corporation, where he led a period of meaningful growth, expanding the brand's footprint and developing one of the fastest-growing digital platforms in the restaurant industry. His prior experience includes multiple senior leadership roles at Wendy's, including as Executive Vice President, Chief Operations Officer, as well as leadership positions at Charleys Philly Steaks, Checkers Drive-In Restaurants Inc. and Domino's Pizza Inc. As part of this transition, Ken Cook will continue in his role as Chief Financial Officer. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €6.77, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Hospitality industry in Europe. Total loss to shareholders of 35% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €9.87 per share. New Risk • May 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Share price has been highly volatile over the past 3 months (9.0% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • May 11
First quarter 2026 earnings released: EPS: US$0.12 (vs US$0.20 in 1Q 2025) First quarter 2026 results: EPS: US$0.12 (down from US$0.20 in 1Q 2025). Revenue: US$540.6m (up 3.3% from 1Q 2025). Net income: US$22.7m (down 42% from 1Q 2025). Profit margin: 4.2% (down from 7.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Hospitality industry in Italy. Announcement • May 09
The Wendy's Company announces Quarterly dividend, payable on June 15, 2026 The Wendy's Company announced Quarterly dividend of USD 0.1400 per share payable on June 15, 2026, ex-date on June 01, 2026 and record date on June 01, 2026. Announcement • Apr 10
The Wendy's Company to Report Q1, 2026 Results on May 08, 2026 The Wendy's Company announced that they will report Q1, 2026 results Pre-Market on May 08, 2026 Announcement • Apr 03
The Wendy's Company, Annual General Meeting, May 20, 2026 The Wendy's Company, Annual General Meeting, May 20, 2026. Announcement • Mar 30
The Wendy's Company Launches Upgraded Spicy Chicken Sandwich In U.S. Restaurants The Wendy's Company launched a new, upgraded Spicy Chicken Sandwich that delivers even more bold flavor. The refreshed sandwich is inspired by fans and everything they love about Wendy's signature Spicy Chicken Sandwich. Wendy's refreshes its Spicy Chicken Sandwich with a new marinade, premium panko-style breading, a soft potato bun and a richer mayo – delivering even more bold flavor in every bite. The new Spicy Chicken Sandwich will be available in all Wendy's U.S. restaurants starting March 30. The reimagined Spicy Chicken features a new marinade, delivering a juicier bite, and a crispy panko-style breading infused with nine distinctive spices for a heat that hits. Fans who prefer bold taste without the kick can enjoy the new Classic Chicken Sandwich, which features the same upgrades. Both sandwiches are served on a new soft and slightly sweet potato bun, layered with a rich, homestyle mayo inspired by classic Southern recipes. Additionally, the Spicy Chicken Sandwich now comes with pickles for extra crunch and balance. Behind these changes was a comprehensive and consumer-driven development process. From ingredient selection to cooking techniques, each element was evaluated through the lens of what fans told they wanted most. After dozens of samples, extensive consumer focus groups, and meticulous in-restaurant testing, Wendy's put fans at the center of the innovation process to ensure the new sandwiches deliver superior taste and uphold Wendy's high-quality promise. Fans will also see upgrades, such as the soft potato bun, across Wendy's entire premium sandwich line-up, including the Dave's Single, Dave's Double, Dave's Triple, Baconator, Son of Baconator, Big Bacon Classic, Asiago Ranch Chicken Club, Spicy Asiago Ranch Chicken Club and the Crispy Panko Fish Sandwich. This refresh isn't just a moment in time. It's Wendy's doubling down on what matters: freshly made, crispy, juicy premium sandwiches that fans crave. We're listening, we're innovating and we're committed to raising the bar on quality in everything do. Announcement • Mar 25
The Wendy's Company Launches DC Rides Kids' Meal Featuring 12 Collectible DC Super Heroes, Super-Villains and Rides The Wendy's Company teamed up with Warner Bros. Discovery Global Consumer Products to bring the DC Universe to Kids' Meals with an exclusive, limited-time DC Rides Kids' Meal featuring 12 iconic DC collectible toys. Beginning late March, fans of all ages can visit Wendy's to collect DC Super Heroes—Batman, Superman, Wonder Woman, The Flash, Green Lantern and Supergirl—alongside their formidable foes: Zur-En-Arrh, Bizarro, Artemis, Sinestro, Reverse Flash and Bizarro Supergirl. Every DC Super Hero and Super-Villain also comes equipped with its own DC Ride. In addition to the toys and their rides, a Wendy's Kids' Meal includes the choice of 2-piece chicken tenders, 4-piece chicken nuggets, a hamburger or cheeseburger, Jr. Hot & Crispy Fries or Apple Bites, and Kids' drink. The DC Rides Kids' Meal collaboration runs from late March through early June. Available at Wendy's restaurants in the U.S. and Canada, through the Wendy's app or on Wendys.com. With a new DC toy to collect every visit, fans have numerous opportunities for imaginative play. Simply order a Wendy's Kids' Meal during the eligible time frame and receive one DC figurine and their DC Ride with purchase. Collect them all to build the ultimate DC team. This marks Wendy's third Kids' Meal collaboration with Warner Bros. Discovery Global Consumer Products. Available at participating U.S. and Canada Wendy's while supplies last. Kids' Meal Toy may vary. Announcement • Mar 17
The Wendy's Company Introduces New Tournament Ready Dunks Menu The Wendy's Company returned to NCAA March Madness as the Official Dunks partner, bringing fans the ultimate way to celebrate the most electric play in basketball – the dunk – through Wendy's own dunk-worthy menu items, like the classic Frosty and Fries and dunkable favorites like Nuggets and Tendys. Every Dunks Menu purchase via the Wendy's app earns fans a shot at $100,000 in the Wendy's Dunkstakes plus limited-edition prizes – like custom dunk-inspired sneakers and multiple $1,000 cash prizes. When the first dunk happens during either the 2026 NCAA Division I Men's or Women's Basketball National Championship Games, Wendy's will unlock a Free Dunk for America offer nationwide, redeemable in-restaurant only on April 7. From Hot & Crispy Fries dipped into a Classic Chocolate or Vanilla Frosty, to Nuggets and Tendys in Wendy's dipping sauces, the Wendy's Dunks Menu celebrates how fans actually dunk – with food in hand. The Official Dunks Menu tips off in the Wendy's App and on Wendys.com starting March 16. The starting lineup includes a Classic Chocolate or Vanilla Frosty and Wendy's Hot & Crispy Fries. Starting March 23, the Dunks Menu expands to include even more options including 6 pc. Nuggets (Crispy or Spicy) or 3 pc. Tendys for dunking in Wendy's sauce roster. Between March 16 and April 6, the purchase of an item through the Dunks Menu available within the Wendy's App will automatically enter guests into a Dunkstakes for a chance to win prizes, such as one Grand Prize of $100,000 cash, 10 cash prizes of $1,000, 25 pairs of dunk-inspired custom sneakers, and 500 Wendy's gift cards. When the first dunk occurs during the 2026 NCAA Division I Women's Basketball National Championship game or the 2026 NCAA Division I Men's Basketball National Championship Game, Wendy's unlocks a nationwide Free Dunk for America offer. On April 7, fans can visit participating Wendy's restaurants nationwide to redeem a free OG dunk pairing – a small Hot & Crispy Fries paired with a small Chocolate or Vanilla Frosty Classic – in-restaurant only. Offer only available in-restaurant upon request at participating U.S. Wendy's on April 7, 2026. No purchase necessary. Limit one free Small Fry and Small Frosty Classic per person. A la carte only. While supplies last. Not valid for digital or delivery orders or with any other discount or offer. No substitutions. Declared Dividend • Feb 19
Dividend of US$0.14 announced Shareholders will receive a dividend of US$0.14. Ex-date: 27th February 2026 Payment date: 16th March 2026 Dividend yield will be 5.6%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 9.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend. Announcement • Feb 17
Wendy's Debuts Limited-Time Frosty Fusion Wendy's Thin Mints and Frosty fans, we're so back. Wendy's Thin Mints Frosty is now available nationwide with two crave-worthy ways for fans to treat themselves this season. As a licensed partner of Girl Scout of the USA (GSUSA), Wendy's is bringing back the beloved Thin Mints Frosty Swirl and introducing an all-new Thin Mints Frosty Fusion. Both treats combine creamy Frosty and Thin Mint goodness in every spoonful. And what's even sweeter? Girl Scout will be selling cookies at participating Wendy's nationwide during National Girl Scout Cookie Weekend, Feb. 20-22, and throughout Girl Scout Cookie season. Frosty fans can get their hands on two distinct Thin Mints Frosty experiences: ALL-NEW Thin Mints Frosty Fusion: The new creation combines Wendy's Vanilla Frosty with a rich, minty cookie crumble sauce and crushed Girl Scout Thin Mints cookies, delivering a delicious chocolatey, minty experience with every creamy spoonful. Thin Mints FrostySwirl: The returning favorite features Wendy's Vanilla Frosty swirled and topped with a rich, minty cookies crumble sauce inspired by Girl Scout Thin Mints. Both options blend the classic taste of Thin Mints with the cool, creamy Frosty and are also available with a Chocolate Frosty base. Reported Earnings • Feb 15
Full year 2025 earnings released: EPS: US$0.85 (vs US$0.95 in FY 2024) Full year 2025 results: EPS: US$0.85 (down from US$0.95 in FY 2024). Revenue: US$2.18b (down 3.1% from FY 2024). Net income: US$165.1m (down 15% from FY 2024). Profit margin: 7.6% (down from 8.7% in FY 2024). The decrease in margin was driven by lower revenue. Same store sales growth: Down 4.7% vs FY 2024 Total stores: 7,397 (up by 157 from FY 2024). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Hospitality industry in Italy. Announcement • Feb 11
The Wendy's Company Introduces Two Savory Menu Innovations The Wendy's Company introduced two Savory Menu Innovations. Fresh innovation meets premium quality with Wendy's®? new Cheesy Bacon Cheeseburger and Chicken Tenders Ranch Wrap, expanding Wendy's protein lineup with bold, high-quality ingredients. The juicy details: The Cheesy Bacon Cheeseb burger starts with a quarter pound of fresh, never frozen beef, topped with American cheese, three strips of Applewood-smoked bacon and ooey-gooey cheddar cheese sauce all stacked on a premium toasted bun. The Chicken Tenders Ranch Wrap features two crispy, juicy all-white meat chicken tenders wrapped in a soft flower tortilla with crisp lettuce, cheddar cheese and ranch. These menu items will be available for a limited time only, but Wendy's keeps innovation fresh all year-round. Announcement • Jan 16
The Wendy's Company to Report Q4, 2025 Results on Feb 13, 2026 The Wendy's Company announced that they will report Q4, 2025 results Pre-Market on Feb 13, 2026 Announcement • Jan 15
Wendy's Introduces New Biggie Deals Menu Starting At $4 Wendy's® is making a biggie deal out of value in 2026 and introduced a new Biggie Deals® value menu. With $4, $6, and $8 price points and delicious combinations of iconic, fan-favorite menu items, Wendy's is offering the value, quality, and options consumers deserve. The new Biggie Deals menu includes: $4 Biggie Bites: Choose One: Crispy Chicken Sandwich, Jr. Cheeseburger, Jr. Bacon Cheeseburger, 4pc. Nuggets, or Small Soft Drink; $6 Biggie Bag®: Choose One: Crispy chicken Sandwich, Jr. Cheeseseburger, Jr. bacon Cheeseburger, 4PC. Nuggets, Jr. Fry, or Small Soft Drink; $8 Biggie® Bundle: Choose Two: Crispy Chicken Sandwich, III. Cheeseburger, III. Bacon Cheeseburger Inc. Bacon Cheeseburger., or Double Stack™, Jr. Fry, Small Soft Drink; $8 Biggie® Bundle: choose Two: Crispy Chicken Sandwich Inc. Cheeseburger Inc. Bacon Cheeseb burger, or Double Stack™; Jr. Fry; Small Soft Drink. Declared Dividend • Nov 12
Dividend of US$0.14 announced Shareholders will receive a dividend of US$0.14. Ex-date: 28th November 2025 Payment date: 15th December 2025 Dividend yield will be 6.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 9.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 09
Third quarter 2025 earnings released: EPS: US$0.23 (vs US$0.25 in 3Q 2024) Third quarter 2025 results: EPS: US$0.23 (down from US$0.25 in 3Q 2024). Revenue: US$549.5m (down 3.0% from 3Q 2024). Net income: US$44.3m (down 12% from 3Q 2024). Profit margin: 8.1% (down from 8.9% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Hospitality industry in Italy. New Risk • Oct 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risks Dividend is not well covered by earnings (93% payout ratio). Share price has been volatile over the past 3 months (6.4% average weekly change). Announcement • Oct 15
The Wendy's Company Unveils Irresistible Fall Flavours with Exciting New Menu Items The Wendy's Company announced that it has new reasons to cozy up with Wendy's Canada this fall. Celebrate the season with a bold and craveable lineup of new menu items, each crafted with mouthwatering flavour experiences Canadians will love. From sweet treats to savoury dips, the new offerings showcase Wendy's commitment to high-quality Canadian ingredients, part of what's made Wendy's a fan favourite for 50 fresh years. Introducing Four New Fall Flavour Favourites: Caramel To coffee Frosty®?: A delicious twist on the iconic Frosty, this treat is made with 100% Canadian dairy and blends caramel sauce and rich to coffee for a decadent dessert that's perfect for swe weather. Buturry, because it is only here for a limited time. Toasty Coconut Crave Iced Coffee and Frosty-ccino: Embrace the comforts of fall with the new Toasty Coconut flavour, available for a limited time in both Iced Coffee and Frosty -ccino. It's a creamy and sweet inspired sip that pairs perfectly for the season. Mango Habanero Dipping Sauce: Spice things up with the new Mango Habanero dipping sauce, where sweet, tangy meets the bold kick of habanero heat. The perfect dip for Wendy's classic chicken strips or Hot & Crispy Fries made with Canadian-grown potatoes. It's a sweet heat adventure with every bite. Dill Pickle Dipping Sauce: For those who crave big, zesty flavour, the new Dill Pickle dipping sauce delivers! Creamy, tangy, and packed with refreshing dill, it's bound to become a fan favourite alongside famous nuggets made with 100% Canadian chicken. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €7.10, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Hospitality industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €10.83 per share. Announcement • Oct 08
The Wendy's Company to Report Q3, 2025 Results on Nov 07, 2025 The Wendy's Company announced that they will report Q3, 2025 results Pre-Market on Nov 07, 2025 Announcement • Sep 30
Wendy's Debuts "Tendys" on Menus Nationwide Wendy's®? is dropping Tendys. Introducing all-new Chicken Tenders - and they're so good fans will know them by name. Fans can now order Chicken Tenders, a new core menu item, at Wendy's restaurants nationwide. And the fun doesn't stop there - company's got a lineup of six new dipping sauces for maximum flavor combinations. With chicken dominating restaurant menus, and company's strong history in the chicken space (hello, Nuggs!), these crunchy, premium Chicken Tenders are flavor-packed and savory, made with seasoned, crispy breading and juicy, all-white-meat chicken. They're everything a tender fan could want: crunchy on the outside, tender and juicy on the inside. And because no chicken tender is complete without the dip, company's culinary team is introducing six new sauces designed for maximum dunkability - now nearly double the size, to give even more sauce to fans! company's Signature - The ultimate Tendys companion. company's signature creamy sauce with hints of black pepper, hot sauce and tons of savory goodness. Sweet Chili - Sweet and subtly spicy sauce with a touch of tang including notes of sriracha, garlic andginger. Scorchin' Hot - Creamy hot sauce with a heat that builds. Creamy Ranch- Extra creamy and extra rich. The GOAT for all dipping needs. Honey BBQ - A little bit sweet, a little bit smoky. A lot of barbecue. Honey Mustard - Sweet honey and lightly tangy mustard with a rich Dijon flavor. Built for Dipping Chicken Tenders are available as three- or four-piece options and can be ordered as part of a combo meal or a la carte. Each three- or four-piece order comes with two dipping sauces. Additional dipups are available for a small charge. Younger Tendys fans can also enjoy the product as a two-piece serving in a Wendy's Kids' Meal®?, complete with one dipping sauce. The experience doesn't stop at flavor. company arrive in all-new packaging built for dunking, with a dip-cup cutout that holds company new sauces. Welcome to "Tendy's" And because fans will know these chicken tenders on a first-name basis, select cities will even see some restaurants rebranded as "Tendy's" this October, giving fans the ultimate chicken-and-sauce celebration. So, jump those other guys slinging chicken and find a local Tendy's - or Wendy's - to try the new chicken tenders today. With crispy Tendys, bigger dips and bold new flavors, company is changing the chicken tender game. Reported Earnings • Aug 11
Second quarter 2025 earnings released: EPS: US$0.29 (vs US$0.27 in 2Q 2024) Second quarter 2025 results: EPS: US$0.29 (up from US$0.27 in 2Q 2024). Revenue: US$560.9m (down 1.7% from 2Q 2024). Net income: US$55.1m (flat on 2Q 2024). Profit margin: 9.8% (in line with 2Q 2024). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Hospitality industry in Italy. Announcement • Jul 23
The Wendy's Company Announces Executive Changes The Wendy's Company announced the appointment of Pete Suerken as President, U.S., effective July 22, 2025. 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 cooperative for the Wendy's system, since 2021. QSCC works closely with Company operators and franchisees, leading supply chain and distribution activities for Wendy's restaurants around the globe. He has a proven track record of transforming operations, building profitability and leading innovation, spanning more than two decades in the food, beverage and restaurant industries. Prior to joining QSCC, Pete served as president of Resin Technology Inc. (RTI), a leading packaging and materials provider. Prior to his time at RTI, Pete spent 13 years at Restaurant Supply Chain Solutions (RSCS), the co-op of Yum! Brands. Announcement • Jun 30
The Wendy's Company(NasdaqGS:WEN) dropped from Russell 1000 Dynamic Index The Wendy's Company(NasdaqGS:WEN) dropped from Russell 1000 Dynamic Index Announcement • Jun 10
Cheez-It Teams Up with Wendy's to Serve Up the Ultimate Cheez-It X Wendy's Baconator Crackers 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'sBaconator®? crackers. This limited-edition collaboration brings together the best of both worlds: mouthwatering Baconator flavor and the signature Cheez-Itunch. It's your go-to snack and your drive-thru must-have combined into an incrediblyly delicious bite. The mouthwatering mashup combines the signature crunch and taste of Cheez-It with the layers of flavor that make Wendy's Baconator a fan-favorite. Each bite delivers the 100% real cheese taste Cheez-It is known for, amplified with savory Applewood smoked bacon flavor - bringing the full burger experience to snack time, no drive-thru required. The new Cheez-It x Wendy'Baconator Crackers will be hitting shelves nationwide this July for a limited time, but for those looking to get a first taste even sooner, the crackers will be available for purchase along with the ultimate Cheez-It x Wendys Baconator bundle exclusively on Cheez-It.com. The bundle features the craveable new crackers plus a Wendy's Frosty keychain tag. Snag it while supplies last - and get free shipping with code CHEEZBURGER. Fans can also scan the QR code on the back of the box for even more fun in the Wendy's app, including a Cheez-It exclusive $2 off a Baconator sandwich with purchase using the in-app offer.