Duyuru • Jun 25
The Wendy's Company Announces Chief Financial Officer Changes The Wendy's Company announced the appointment of Steve Cirulis as Chief Financial Officer, effective June 23, 2026. He will report to President and Chief Executive Officer Bob Wright and serve on Wendy's Senior Leadership Team. Cirulis will succeed Ken Cook, who has served as Chief Financial Officer since 2024 and will remain in an advisory position through July to facilitate a smooth transition. Cirulis most recently served as Chief Financial Officer and Chief Strategy Officer for Potbelly Sandwich Works, where he led all financial, strategy, analytics and risk management functions. While at Potbelly, he partnered with our current CEO, Bob Wright, to lead a company and brand turnaround that, over their tenure, experienced a more than 500% increase in share price, double-digit growth in average unit volumes, substantial restaurant margin expansion and robust improvement in return on invested capital. Prior to Potbelly, Cirulis held senior strategy and finance roles at global restaurant and retail brands including Panera Bread, McDonald's, and Gap Inc. In total, he has spent nearly 30 years with leading brands and consultancies across the food, beverage, retail and restaurant spaces. Duyuru • Jun 24
The Wendy's Company Announces Appointment of Steve Cirulis as Chief Strategy Officer, Effective June 23, 2026 The Wendy's Company announced the appointment of Steve Cirulis as Chief Strategy Officer, effective June 23, 2026. Cirulis most recently served as Chief Financial Officer and Chief Strategy Officer for Potbelly Sandwich Works, where he led all financial, strategy, analytics and risk management functions. While at Potbelly, he partnered with current CEO Bob Wright to lead a company and brand turnaround that, over their tenure, experienced a more than 500% increase in share price, double-digit growth in average unit volumes, substantial restaurant margin expansion and robust improvement in return on invested capital. Prior to Potbelly, Cirulis held senior strategy and finance roles at global restaurant and retail brands including Panera Bread, McDonald's, and Gap Inc. In total, he has spent nearly 30 years with leading brands and consultancies across the food, beverage, retail and restaurant spaces. Ken Cook also served as Interim CEO during his tenure. Duyuru • Jun 10
The Wendy's Company Announces Management Changes The Wendy's Company announced that Suzanne M. Thuerk, Chief Accounting Officer (principal accounting officer), provided notice to the Company of her intention to resign from the Company to pursue an opportunity outside the restaurant space. Suzanne M. Thuerk will remain with the Company in a non-executive capacity until July 10, 2026 to support the transition to Aaron M. Kale. On June 7, 2026, Aaron M. Kale, currently Vice President Tax, was appointed as the Company's Chief Accounting Officer and Vice President Tax (principal accounting officer), effective as of June 8, 2026. Aaron M. Kale, age 49, has served in his current position as Vice President Tax since April 2019 and, since July 2025, has also been providing interim support and leadership to the Company's accounting function. Aaron M. Kale joined the Company in July 2012, serving as Director Global Income Tax Compliance from August 2017 to April 2019, Director International and Property Tax from August 2014 to August 2017 and Director International Tax from July 2012 to August 2014. Prior to joining the Company, Aaron M. Kale held various positions in tax at L Brands Inc. and previously worked in public accounting with PricewaterhouseCoopers LLP. Aaron M. Kale is a certified public accountant. Duyuru • Jun 09
the Wendy's Company Launches Minions & Monsters Meal and Banana Frosty Swirl The Wendy's Company joined Illumination's Minions & Monsters with a custom menu lineup, exclusive collectibles and a drive-thru takeover in Los Angeles. This partnership features a menu lineup including new limited time offerings and exclusive collectibles for both kids and adults. Fans can grab a Minions & Monsters Kids' Meal, complete with one of six themed Kids' Meal toys. Starting June 15, grown-ups can get in on the action with the launch of the Minions & Monsters Meal, featuring one of four Wendy's exclusive Minions blind box collectibles. The new, limited-time Banana Frosty Swirl brings Minions' mischief to Wendy's iconic frozen treat, alongside two custom Minions & Monsters-themed beverages. The all-new Banana Frosty Swirl features a sweet banana cream sauce swirled into Wendy's iconic Vanilla Frosty base. The Wendy's Minions & Monsters Adult Meal includes choice of Big Bacon Classic or the new Spicy Chicken Sandwich, small Hot & Crispy Fries, small Banana Frosty Swirl, and one of four Wendy's exclusive Minions & Monsters blind box collectibles. Two new Coca-Cola Freestyle beverages round out the lineup, inspired by the film's characters: Pineapple Minion MischieFizz and Goomi's Glimey Lime. The Wendy's Minions & Monsters Kids' Meal features choice of 2-piece chicken tenders, 4-piece chicken nuggets, a hamburger or cheeseburger, Jr. Hot & Crispy Fries or apple bites, kid's drink, and one of six exclusive Wendy's Minions & Monsters Kids' Meal toys: James, Henry, Ed, Richard, Goomi and Dort. Illumination's Minions & Monsters arrives in theaters July 1, telling the rambunctious story of how the Minions conquered Hollywood, became movie stars, unleashed monsters onto the world and then banded together to save the planet from the mayhem they created. Fans in Los Angeles can get an exclusive first taste of the Wendy's Minions & Monsters Meal on Thursday, June 11 through an immersive, themed drive-thru experience at the Wendy's on East Imperial Highway in Norwalk, CA. Duyuru • 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. Duyuru • 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. Declared Dividend • May 21
First quarter dividend of US$0.14 announced Shareholders will receive a dividend of US$0.14. Ex-date: 1st June 2026 Payment date: 15th June 2026 Dividend yield will be 7.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (48% 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 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • 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. Duyuru • 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 Duyuru • Apr 03
The Wendy's Company, Annual General Meeting, May 20, 2026 The Wendy's Company, Annual General Meeting, May 20, 2026. Duyuru • 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. Duyuru • 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. Duyuru • 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. Duyuru • 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. Duyuru • 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. Duyuru • 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 Duyuru • 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. Duyuru • 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. Duyuru • 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 Duyuru • 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. Duyuru • 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. Duyuru • 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 Duyuru • 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. Duyuru • Apr 08
The Wendy's Company to Report Q1, 2025 Results on May 02, 2025 The Wendy's Company announced that they will report Q1, 2025 results Pre-Market on May 02, 2025 Duyuru • Apr 05
The Wendy's Company, Annual General Meeting, May 21, 2025 The Wendy's Company, Annual General Meeting, May 21, 2025. Buy Or Sell Opportunity • Jan 07
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.6% to €14.75. The fair value is estimated to be €19.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 5.0%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 7.5% per annum over the same time period. Duyuru • Nov 19
The Wendy's Company to Report Q4, 2024 Results on Feb 13, 2025 The Wendy's Company announced that they will report Q4, 2024 results on Feb 13, 2025 Recent Insider Transactions • Nov 12
Independent Director recently sold €460k worth of stock On the 7th of November, Michelle Mathews-Spradlin sold around 24k shares on-market at roughly €18.80 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months. Declared Dividend • Nov 04
Third quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 2nd December 2024 Payment date: 16th December 2024 Dividend yield will be 5.4%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (106% earnings payout ratio). However, it is covered by cash flows (73% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 17% to bring the payout ratio under control. EPS is expected to grow by 39% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$0.25 (vs US$0.28 in 3Q 2023) Third quarter 2024 results: EPS: US$0.25 (down from US$0.28 in 3Q 2023). Revenue: US$566.7m (up 2.9% from 3Q 2023). Net income: US$50.2m (down 14% from 3Q 2023). Profit margin: 8.9% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Duyuru • Oct 10
The Wendy's Company to Report Q3, 2024 Results on Oct 31, 2024 The Wendy's Company announced that they will report Q3, 2024 results Pre-Market on Oct 31, 2024 Board Change • Oct 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Chairman Emeritus Nelson Peltz was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Sep 23
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at €15.51. The fair value is estimated to be €19.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 5.4%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 7.1% per annum over the same time period. Duyuru • Sep 16
The Wendy's Company Announces Executive Appointments The Wendy's Company announced 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 September 16, 2024. 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 appointed as Wendy's President, International in June 2024. Min most recently served as Senior Vice President, Chief Legal Officer and Secretary of Kellanova following the separation of Kellogg Company into two companies. He brings two decades of corporate legal experience and a wealth of expertise in leading high-performing teams, providing strategic legal counsel and managing compliance risks in diverse markets. Min will oversee Wendy's global legal department, playing a pivotal role in guiding Wendy's legal strategy and operations, as well as managing global risk and compliance functions. Prior to the separation of Kellogg, Min worked for 13 years at Kellogg, where, among other roles he served as General Counsel in Europe and General Counsel of the Asia Pacific, Middle East, and Africa region. Previously, Min practiced law at the law firms of Jenner & Block LLP and Jones Day. He holds a law degree from the University of Chicago Law School and a B.A. in Economics from the University of Chicago. Greenlee has over 25 years of experience in the restaurant and beverage industries, bringing a deep understanding of franchise systems and strategic thinking to elevate performance. Greenlee will oversee the performance of Wendy's company and franchise operations to support the brand's strategic growth initiatives, including continuing to drive the restaurant economic model and building out the Company's U.S. footprint to ensure it reaches its full growth potential. Greenlee has held significant operational roles over her career, most recently serving as Vice President of U.S. Field Operations at Subway and Director of Business Development and General Manager of Coca-Cola Freestyle Strategy for Wendy's. Greenlee holds a B.A. in History from the University of Louisiana Monroe. Declared Dividend • Aug 05
Second quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 3rd September 2024 Payment date: 17th September 2024 Dividend yield will be 6.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio). However, it is covered by cash flows (78% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 14% to bring the payout ratio under control. EPS is expected to grow by 36% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$0.27 (vs US$0.28 in 2Q 2023) Second quarter 2024 results: EPS: US$0.27 (down from US$0.28 in 2Q 2023). Revenue: US$570.7m (up 1.6% from 2Q 2023). Net income: US$54.6m (down 8.4% from 2Q 2023). Profit margin: 9.6% (down from 11% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Jun 06
Independent Director recently sold €335k worth of stock On the 3rd of June, Kristin Dolan sold around 21k shares on-market at roughly €15.97 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €764k more than they bought in the last 12 months. Upcoming Dividend • May 27
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 03 June 2024. Payment date: 17 June 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.6%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.0%). Duyuru • May 24
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 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 Australia, Asia, Europe and South America. Prior to Wendy's, Wunsch oversaw a substantial international legal portfolio with The Procter & Gamble Company, including four years stationed in Singapore with responsibility throughout Asia. As President, U.S., Pringle will direct all aspects of the Wendy's U.S. business, which includes more than 6,000 Company-operated and franchised restaurants. Wunsch will assume similar accountability for the Wendy's International business across 33 countries and U.S. territories. Duyuru • May 12
The Wendy's Company to Report Q2, 2024 Results on Aug 01, 2024 The Wendy's Company announced that they will report Q2, 2024 results at 8:30 AM, US Eastern Standard Time on Aug 01, 2024 Duyuru • May 08
The Wendy's Company Announces Executive Changes The Wendy's Company announced that Lindsay Radkoski, U.S. Chief Marketing Officer, will join the Company's Senior Leadership Team and report to President and Chief Executive Officer Kirk Tanner. In addition to continuing to direct all Marketing efforts for the U.S. business, she will now assume additional reporting responsibility for the Global Marketing Centers of Excellence, including Culinary Innovation, Digital Marketing, Customer Experience, Creative Strategy & Storytelling, and Partnerships and Social, following Global Chief Marketing Officer Carl Loredo's decision to depart the Company to pursue a different leadership opportunity. Radkoski joined the Company in 2011 in the Investor Relations function and worked in roles of increasing responsibility in Finance and Marketing, including Vice President of National Marketing before being appointed U.S. Chief Marketing Officer in March 2023. Declared Dividend • May 06
First quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 3rd June 2024 Payment date: 17th June 2024 Dividend yield will be 5.1%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (101% earnings payout ratio). However, it is covered by cash flows (68% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control. EPS is expected to grow by 27% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$0.20 (vs US$0.19 in 1Q 2023) First quarter 2024 results: EPS: US$0.20 (up from US$0.19 in 1Q 2023). Revenue: US$534.8m (up 1.1% from 1Q 2023). Net income: US$42.0m (up 5.5% from 1Q 2023). Profit margin: 7.9% (up from 7.5% in 1Q 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Apr 10
Now 20% overvalued Over the last 90 days, the stock has fallen 3.6% to €17.02. The fair value is estimated to be €14.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are also forecast to grow by 5.0% per annum over the same time period. Duyuru • Mar 22
Wendy's Debuts Orange Dreamsicle Frosty Wendy's® new Orange Dreamsicle Frosty®, available nationwide beginning Tuesday, March 19. A beloved childhood classic meets the iconic cool, creaminess of Frosty with Wendy's new, spring-inspired seasonal flavor. The newest Frosty innovation packs a spoonful of sweet orange notes combined with the classic smooth vanilla Frosty for a dreamy orange cream experience* – the Wendy's way. The eye-catching orange color of this delectable treat was inspired by the spring season, and it tastes just as good as it looks. Orange Dreamsicle Frosty is Wendy's unique spin on a beloved and familiar flavor, with cool, creamy orange notes mixed with smooth and perfectly sweet Vanilla Frosty. Duyuru • Feb 27
The Wendy's Company Announces Chief Information Officer Changes The Wendy's Company 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. Spessard has served as Senior Vice President, Global Chief Technology Officer for The Wendy's Company since August 2022. In this role, he was accountable for establishing the Wendy's System global technology vision and leading technological innovation and development to drive continued growth, competitive brand advantage and topline revenue for the Company and franchisees. As Chief Information Officer, Spessard will assume responsibility for all aspects of Wendy's global technology efforts, including Restaurant Technology, Data Management and Analytics, Enterprise Technology, Software Architecture and Engineering, and Information Security. Spessard joined Wendy's in May 2020 as Vice President, Restaurant Technology and assumed the expanded role of Vice President, Digital and Restaurant Technology in September 2020. Prior to that, he spent six years with Inspire Brands. He served in several roles of increasing accountability, including Vice President of Technology at SONIC. He also previously held various operations and technology leadership roles at YUM! Brands, Church's Chicken and Braum's Ice Cream & Dairy Stores. Declared Dividend • Feb 26
Fourth quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 29th February 2024 Payment date: 15th March 2024 Dividend yield will be 5.7%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio). However, it is covered by cash flows (79% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 14% to bring the payout ratio under control. EPS is expected to grow by 27% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Duyuru • Feb 21
The Wendy's Company to Report Q1, 2024 Results on May 02, 2024 The Wendy's Company announced that they will report Q1, 2024 results at 8:30 AM, US Eastern Standard Time on May 02, 2024 Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: US$0.98 (vs US$0.83 in FY 2022) Full year 2023 results: EPS: US$0.98 (up from US$0.83 in FY 2022). Revenue: US$2.18b (up 4.1% from FY 2022). Net income: US$204.4m (up 15% from FY 2022). Profit margin: 9.4% (up from 8.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Duyuru • Jan 22
The Wendy's Company Introduces its New Morning Delight: Breakfast Burrito The Wendy's Company introduced its new morning delight: the Breakfast Burrito. Available starting January 22, 2024, in select regions, Wendy's has expertly crafted a delectable combination of freshly made, quality breakfast favorites, all wrapped up for a satisfying breakfast on the go. The new Breakfast Burrito is loaded with all the best parts of Wendy's breakfast menu. It includes two fresh cracked eggs and six strips of oven baked, applewood smoked bacon – the same amount of bacon found on the iconic Baconator®. But there's more – the Breakfast Burrito also features seasoned breakfast potatoes nestled alongside two slices of American cheese, all topped with a cheese sauce. All these ingredients are wrapped in a tortilla and served with two Cholula® Original Hot Sauce Packets on the side for customers looking for an added spicy kick. The Breakfast Burrito will be available in over 4,500 Wendy's restaurants in select regions across the U.S. Duyuru • Dec 22
The Wendy's Company to Report Q4, 2023 Results on Feb 15, 2024 The Wendy's Company announced that they will report Q4, 2023 results at 8:30 AM, US Eastern Standard Time on Feb 15, 2024 Recent Insider Transactions • Dec 05
Independent Director recently sold €353k worth of stock On the 1st of December, Joseph Levato sold around 20k shares on-market at roughly €17.66 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €415k more than they bought in the last 12 months. Upcoming Dividend • Nov 23
Upcoming dividend of US$0.25 per share at 5.2% yield Eligible shareholders must have bought the stock before 30 November 2023. Payment date: 15 December 2023. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.7%). Duyuru • Nov 21
Wendy's New Chicken Strips & French Toast Sticks Combine Sweet and Savoury Flavours All Day Long Canadians have discovered a new match made at Wendy's®: Classic Chicken Strips and Homestyle French Toast Sticks. Inspired by syrupdipity, Wendy's is introducing a new menu creation. Beginning on November 20, 2023, customers can order the new Chicken Strips & French Toast Sticks duo all day for a limited time across Canada. Wendy's latest menu innovation was discovered after the fan-favourite sweet breakfast item, Homestyle French Toast Sticks, was launched all-day in October. All-day Homestyle French Toast Sticks opened a world of possibilities for new pairings with the Wendy's menu. The result? Canadians were hungry to create the next combo to rival Hot & Crispy Fries dipped in a Frosty® – cue the syrupdipity of Chicken Strips & French Toast Sticks. Wendy's newest menu innovation expertly combines the custardy, sweet Homestyle French Toast Sticks and juicy, savoury Classic Chicken Strips into a flavourful and delicious pairing done right. Oh, and it can't forget the syrup dip!. Duyuru • Nov 03
The Wendy's Company Declares Regular Quarterly Cash Dividend, Payable on December 15, 2023 The Wendy's Company announced the declaration of its regular quarterly cash dividend of 25 cents per share. The dividend is payable on December 15, 2023, to shareholders of record as of December 1, 2023. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: US$0.28 (vs US$0.24 in 3Q 2022) Third quarter 2023 results: EPS: US$0.28 (up from US$0.24 in 3Q 2022). Revenue: US$550.6m (up 3.4% from 3Q 2022). Net income: US$58.0m (up 15% from 3Q 2022). Profit margin: 11% (up from 9.5% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Duyuru • Oct 13
The Wendy's Company to Report Q3, 2023 Results on Nov 02, 2023 The Wendy's Company announced that they will report Q3, 2023 results Pre-Market on Nov 02, 2023 Buying Opportunity • Oct 12
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 5.2%. The fair value is estimated to be €22.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings is also forecast to grow by 9.3% per annum over the same time period. Duyuru • Sep 08
Wendy's Brings the Taste of Fall to Charlotte with New Seasonal Pumpkin Spice Frosty Wendys announced that Pumpkin Spice Frosty® and Pumpkin Spice Frosty Cream Cold Brew are coming to the Queen City beginning September 12 for a limited time. That's right Charlotte, consider Wendy's one stop shop forall-day Pumpkin Spice cravings. Spoonful of Fall in Every Frosty Bite Joining the Chocolate Frosty on menus, the new Pumpkin Spice Frosty merges the same creamy, delectable texture Frosty fans know and love with hints of pumpkin and a blend of warm spices like cinnamon and nutmeg for a taste of familiar fall flavors in every bite. The Uber One Pumpkin Spice Frosty Experience Now, ifwant to be the first to get yours delivered while getting a deal, make sure you're an Uber One member. For a limited time beginning September 13, only Uber One members can buy a medium Pumpkin Spice Frosty,get one for free, AND get a free medium fry. Sounds like the easiest set-up for the ultimate sweet and salty taste test. Of course, terms apply, but get dip on! More In-Restaurant Ways to Treat Yourself If find yourself at local Wendy's between now and October 31, be sure to pick up a Wendy's Frosty Boo! Books® coupon book for just $1. The coupon book comes with coupons for five FREE Jr. Frosty treats (yes, even good for the Pumpkin Frosty) that can only be redeemed at participating U.S. Wendy's until the end of the year. Best of all, proceeds from Frosty Boo! Books directly benefit the Dave Thomas Foundation for Adoption® and its mission to dramatically increase the number of adoptions of children waiting in North America's foster care systems. 
