打赢涉外护航攻坚战，实施"知识产权'出海护航'计划"。统筹全省涉外保护资源，完善"一机制、一中 心、一联盟、一平台"法律服务体系，推动海外纠纷应对平台错位分工、资源共享；对重点产业、出口 产品、跨境电商等开展跟踪服务，建立涉外易被侵权商标保护名录；重点强化"337调查"、标准必要专 利等领域风险预警与纠纷处置，加强反歧视、反制裁、反干预、反"长臂管辖"政策储备。 打赢品牌振兴攻坚战，实施"高成长性商标品牌领航计划"。构建"产品品牌—企业品牌—区域品牌"培育 体系，重点推动入库企业商标布局优化，支持集体商标、证明商标注册；依托"苏地优品"行动，推动地 理标志与特色产业、文旅消费深度融合，通过国际互认互保拓展海外市场；同时加大商标违法违规行为 整治力度，规范地理标志专用标志使用，以严格保护维护江苏品牌信誉与市场价值。 本报讯(记者蔡姝雯)记者从1月28日召开的全省知识产权系统工作会议上获悉，2025年，江苏万人高价 值发明专利拥有量居全国省区首位，知识产权保护社会满意度、保护水平均位列全国第一。2026年，全 省知识产权系统将乘势而上，聚焦"两创"融合、聚力数智转型，以顶层设计、人工智能和知识产权双向 赋能"两件 ...

Core Insights - Wendy's has launched Project Fresh to enhance brand relevance and profitability across its restaurant network [1][2] - The initiative focuses on four main priorities: brand revitalization, system optimization, operational efficiency, and capital reallocation [1] Marketing and Strategy - The company aims to improve its marketing strategy, restaurant productivity, and operational standards while reallocating capital for profitable growth [2] - Consultant Creed UnCo, led by former Taco Bell CEO Greg Creed, will assist in the marketing transformation using data-driven customer segmentation [3] Operational Improvements - Wendy's plans to adjust labor models and operating hours, enhance in-store performance through digital tools and staff training, and improve overall restaurant efficiency [4] - The company will reduce investment in its Build to Suit program by $20 million in 2025, with further reductions planned for 2026, reallocating funds to technology and marketing initiatives [4] Leadership and Future Plans - The interim CEO and CFO, Ken Cook, emphasized the importance of quality, authenticity, and innovation in Wendy's brand, stating that Project Fresh aims to strengthen the foundation and modernize customer experience [5] - The board is actively searching for a permanent CEO, with the recruitment process expected to conclude by the end of 2025 [5] Upcoming Updates - Further updates on Project Fresh will be provided during Wendy's third-quarter results presentation scheduled for November 7, 2025 [6]

Financial Data and Key Metrics Changes - The company reported a net revenue increase of 7.7%, driven by adjusted comparable store sales growth of 5.9% and growth from new store sales [25][32] - Adjusted EPS increased to $0.18 per share from $0.15 per share a year ago, reflecting nearly 20% growth in adjusted EPS compared to the prior year [30][32] - Adjusted operating income was $23.8 million compared to $14.1 million in the prior year, with adjusted operating margin increasing by 180 basis points to 4.9% [29][30] Business Line Data and Key Metrics Changes - The managed care business delivered low double-digit comparable sales growth, supported by strong growth in both ticket and traffic [10][12] - The cash pay business continued to show positive comparable sales growth in the low single-digit range, driven by ticket increases [10][11] - The company opened eight new America's Best stores and closed five, ending the quarter with a total of 1,240 stores [26] Market Data and Key Metrics Changes - The company experienced a 6.6% increase in average ticket, reflecting the impact of price increases implemented in late 2024 and Q1 of this year [27] - The average plan for managed care consumers pays $130, with only 20% of frames priced over $99 at the end of last year, moving to approximately 40% this year [13][63] Company Strategy and Development Direction - The company is focused on modernizing its branding and enhancing customer experience through a new CRM platform and refreshed marketing strategies [8][20] - The strategy involves heightened segmentation, personalization, and digitization in messaging, product assortment, and consumer experience [12][19] - The company is also expanding its addressable market by targeting progressive lens wearers and customers bringing prescriptions from other providers [13][14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's transformation initiatives and brand revitalization, which are energizing associates and driving improvements in comparable sales [22][23] - The company raised its full-year outlook, expecting revenue between $1.93 billion and $1.97 billion, with adjusted comparable sales growth of 3% to 5% [33] - Management remains cautious about the macroeconomic environment and is waiting for proof points from new initiatives before incorporating potential benefits into guidance [34][94] Other Important Information - The company successfully implemented the first phase of its new ERP focused on finance and accounting [32] - The company is making significant progress in enhancing its digital marketing and omnichannel capabilities [19][20] Q&A Session Summary Question: Can you talk about visibility in the number of new managed care plans? - Management noted that managed care growth was strong, with a mix around the 50% range, but did not provide specifics on individual plans [40] Question: Is there a line of sight on getting cash customer volumes positive? - Management indicated that the cash pay cohort is shrinking as more consumers transition to managed care, but they are focused on controlling their own destiny through marketing [42][44] Question: How much of America's Best comp growth came from price increases? - The majority of the growth was driven by price actions, with ongoing improvements in assortment contributing as well [49] Question: What is the margin outlook for the business? - Management emphasized that margin expansion is a primary focus, with actions being taken to improve operating margins [52] Question: Can you discuss the average price points for cash and managed care customers? - Managed care transactions generally have a higher average ticket than cash pay transactions, with ongoing efforts to attract higher quality frames for managed care consumers [56] Question: How is the company targeting the $75,000 to $100,000 income cohort? - The company is shifting its marketing strategy to be more targeted and personalized, moving from a one-to-many approach to a one-to-one marketing engine [70][71] Question: What are the goals for Eyeglass World in the context of the transformational strategy? - Eyeglass World has seen positive comps and is undergoing significant changes under new leadership, with a roadmap for improved results [77][80] Question: What is the strategy regarding store closures? - The company is rationalizing its store fleet based on profitability, demographics, and the ability to recruit doctors, with no significant changes expected in the pace of closures [86][88]