Wendy's Earnings Reports

Wendy’s delivered strong Q4 performance with 5.4% systemwide sales growth, a 6.2% revenue increase, and a 19.0% rise in adjusted EPS. Operating profit grew 10.9%, driven by higher franchise fees, improved restaurant margins, and increased customer counts.

Wendy's reported a revenue increase primarily due to advertising funds, franchise royalty revenue, and franchise fees, despite a decrease in Company-operated restaurant sales. The company expects to build on this progress into the close of this year with exciting new programming to showcase our craveable core, impactful innovation, and relevant value offerings.

The Wendy's Company reported its Q2 2024 results, showing a slight increase in total revenues and a decrease in net income compared to the same quarter last year. Global same-restaurant sales growth was 0.8%. The company repurchased 1.6 million shares for $27.3 million during the quarter and declared a quarterly dividend of 25 cents per share.

Wendy's Q1 2024 results showed positive momentum, with global same-restaurant sales growth accelerating by 120 basis points on a two-year basis. This growth was supported by high-single digit U.S. breakfast sales growth and a global digital sales mix of nearly 17%. The company's focus on customer-centric plans and investments is expected to drive long-term shareholder value.

Wendy's reported a slight increase in total revenues for the fourth quarter of 2023, driven by higher franchise royalty and advertising funds revenue, offset by a decrease in U.S. Company-operated restaurant margin due to higher commodity and labor costs and customer count declines. The company is investing in accelerated global growth and restaurant margin expansion.

Wendy's reported an increase in total revenues, driven by higher sales at Company-operated restaurants, an increase in franchise royalty revenue, and an increase in advertising funds revenue. Global same-restaurant sales accelerated, digital sales grew, and the company opened 152 new restaurants globally.

Wendy's reported strong Q2 2023 results, with meaningful sales and profit growth. The company saw significant profit expansion driven by same-restaurant sales momentum and growth in breakfast and late-night dayparts. Wendy's is confident in delivering its short and long-term outlook.

Wendy's reported a revenue increase driven by higher franchise fees, advertising funds, and franchise royalty revenue, offset by lower sales at Company-operated restaurants due to the sale of the New York market. Global Same-Restaurant sales grew in the high-single digits on a 2-year basis.

Wendy's reported strong second-quarter results, driven by sales significantly exceeding expectations. The company increased its 2021 financial outlook across all key metrics and raised its 2025 global restaurant target to 8,500-9,000.

Wendy's reported strong Q1 2021 results, exceeding expectations with robust sales growth and increased profits. The company is increasing its 2021 financial outlook across key metrics, driven by the momentum in its business and the successful execution of its long-term growth strategies.

Wendy's reported strong Q4 and full-year 2020 results, marked by significant systemwide sales growth, driven by the successful launch of the breakfast daypart and increased digital sales. The company secured its position as the #2 QSR hamburger chain in the U.S. and achieved its two highest quarterly Global same-restaurant sales results in over 15 years.

Wendy's Q3 2020 earnings showcased strong global same-restaurant sales growth, the highest in over 15 years. The company's restaurant economic model continued to strengthen, with Company-operated restaurant margin expansion despite commodity headwinds. Wendy's remains focused on its long-term growth pillars: breakfast daypart, digital business, and international footprint.

Wendy's reported a decrease in revenues and adjusted revenues, primarily driven by lower sales at Company-operated restaurants and a decrease in franchisee royalty revenue due to the COVID-19 pandemic, which was partially offset by the positive impact of the Company’s new breakfast daypart in the U.S. U.S. same-restaurant sales accelerating to high-single digit growth in July, driven by the continued strength of our breakfast and digital businesses.

Wendy's Q1 2020 results were impacted by the COVID-19 pandemic, with total revenues decreasing slightly to $405 million and net income dropping to $14.4 million. The company saw growth in its U.S. digital business and the U.S. breakfast launch exceeded initial expectations. Wendy's withdrew its outlook for the 2020 fiscal year due to the uncertain market conditions.

Wendy's reported a strong year of sales growth, driven by accelerating sales growth in the second half of the year. The company is focused on efficient, accelerated growth behind its three major growth pillars: entering the breakfast daypart, growing its digital business, and expanding its International footprint.