Wendy's Invites Fans to Apply to Be First-Ever Chief Tasting Officer by March 30 Accessibility Statement Skip NavigationOverwhelming response: Thousands of hungry fans are already submitting – don't miss your chance to win a grand prize of $100,000Fresh Facts:- One lucky fan will win $100,000 to taste Wendy's food, create content and represent the brand.- Apply by submitting videos online or via social media by March 30, 2026 at 11:59 p.m. ET.- Thousands of passionate fans have already submitted application ...

Contest Overview - Wendy's has launched a nationwide contest for the position of "Chief Tasting Officer," offering a $100,000 package, which runs from March 2 to March 30 [1] - The contest is open to legal residents of the U.S. aged 18 or older, with entries submitted via public videos on Instagram or TikTok, or through the official contest website [2] Job Requirements and Promotion - The job listing humorously states that the role cannot be taken by AI, emphasizing the need for a "human mouth," a pulse, opinions, creativity, and taste [3] - The contest is part of a marketing strategy that includes social media engagement, with Wendy's mocking competitors like McDonald's in promotional content [3] Market Performance - Year-to-date, Wendy's stock has declined by 10.47%, while McDonald's stock has increased by 7.18%, indicating a competitive market environment [3]

The Wendy's Company Comments on Amended 13D Filing from Trian Partners [Accessibility Statement] Skip NavigationDUBLIN, Ohio, Feb. 18, 2026 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) today issued the following statement regarding the Schedule 13D/A filed by Trian Fund Management, L.P. and certain of its affiliates with the Securities and Exchange Commission:"The Wendy's Company's Board of Directors and management team regularly review the Company's strategic priorities and opportunities with the goal ...

Core Viewpoint - The Wendy's Company reported its fourth quarter and full year 2025 results, highlighting challenges in the U.S. market while showing growth in international sales and restaurant openings. The company is focused on executing its Project Fresh turnaround plan and has provided an outlook for 2026. Financial Highlights - Total revenues for the fourth quarter were $543.0 million, a decrease of 5.5% from the previous year, while full year revenues were $2.1769 billion, down 3.1% [1][2] - Reported net income for the fourth quarter was $26.5 million, a decline of 44.2%, and for the full year, it was $165.1 million, down 15.1% [1][2] - Adjusted EBITDA for the fourth quarter was $113.3 million, a decrease of 17.6%, and for the full year, it was $522.4 million, down 3.9% [1][2] - Reported diluted earnings per share for the fourth quarter were $0.14, down 39.1%, and for the full year, it was $0.85, down 10.5% [1][2] Operational Highlights - The company added 34 net new restaurants in the fourth quarter, totaling 157 net new restaurants for the full year, representing a 2.2% increase [1] - International systemwide sales grew by 6.2% in the fourth quarter and 8.1% for the full year, supported by 121 net new restaurants in 2025 [1] - Global systemwide sales for the fourth quarter were $3.4 billion, a decrease of 8.3%, and for the full year, they were $14.0 billion, down 3.5% [1] 2026 Outlook - The company expects global systemwide sales growth to be approximately flat in 2026 [2] - Adjusted EBITDA is projected to be between $460 million and $480 million [2] - Adjusted earnings per share are expected to be between $0.56 and $0.60 [2] - Capital expenditures and franchise development fund investments are anticipated to be between $120 million and $130 million [2] - Free cash flow is projected to be between $190 million and $205 million [2] Shareholder Returns - The company returned $329.6 million to shareholders through dividends and share repurchases for the full year, an increase of over $48 million from the prior year [1] - A quarterly cash dividend of $0.14 per share was declared, payable on March 16, 2026 [2]

Core Viewpoint - Wendy's is accelerating its growth strategy in Mexico, particularly focusing on Tijuana and Baja California, seeking experienced franchise partners to expand its restaurant presence in these regions [1][2][3]. Expansion Strategy - Mexico is viewed as a high-potential growth market for Wendy's, with the capacity to support over 400 restaurants nationwide [2]. - Tijuana has been identified as a priority development hub due to its strong consumer demand and significant untapped potential [4][6]. Franchise Recruitment - Wendy's will host a franchise recruiting event in San Diego, California, on February 10, aimed at attracting potential franchise partners for new restaurant development [5]. - The company is actively seeking franchise partners to build and operate new restaurants in Tijuana and surrounding regions, including Baja California Sur and Sonora [4][8]. Market Position and Consumer Engagement - Wendy's has over 30 years of history in Mexico, with 71% of consumers in established areas having tried the brand, indicating strong local engagement [8]. - In regions where Wendy's has not yet opened, the brand enjoys 92% awareness and a 46% trial rate, reflecting high consumer interest and growth potential [10]. Strategic Investments - The company has made strategic investments in local marketing, supply chain resources, and technology upgrades to support its growth in Mexico [7]. - A national marketing fund has been launched to enhance brand awareness, while local suppliers have been approved to ensure consistent delivery of high-quality menu items [7].

Group 1 - The Wendy's Company will release its fourth quarter and full year 2025 results on February 13, 2026, before the market opens [1] - A conference call will be held on the same day at 8:30 a.m. ET, with a webcast available on the Company's Investor Relations website [1] - The conference call can be accessed by telephone for domestic and international callers, with a replay available on the Investor Relations website [1][4] Group 2 - Wendy's operates over 7,000 restaurants worldwide and employs hundreds of thousands of people [2] - The company is known for its Fresh Famous Food, including made-to-order square hamburgers and popular menu items like the Spicy Chicken Sandwich and Frosty dessert [2] - Wendy's supports the Dave Thomas Foundation for Adoption, which aims to increase adoptions of children in North America's foster care system [2]

Core Insights - The Wendy's Company reported third-quarter results that met expectations, highlighting strong international sales growth of 8.6% and the opening of 54 new restaurants globally [1][11] - U.S. comparable sales at company-operated restaurants outperformed the system by 4%, driven by operational excellence and the successful launch of new chicken tenders [2][11] - The company is implementing Project Fresh, a comprehensive turnaround plan focused on brand revitalization and operational excellence [2] Operational Highlights - Systemwide sales growth for the third quarter was 1.8%, with U.S. sales declining by 4.4% and international sales growing by 8.6% [2][11] - Same-restaurant sales growth was 0.2% in the U.S. and 3.0% internationally for the third quarter [2] - The total number of restaurants increased to 7,363, with 54 new openings in the third quarter [11] Financial Highlights - Total revenues for the third quarter decreased by 3.0% to $549.5 million, while adjusted revenues were nearly flat at $442.5 million [4][11] - Net income fell to $44.3 million, a decrease of 11.8%, and adjusted EBITDA increased by 2.1% to $138.0 million [4][11] - Reported diluted earnings per share were $0.23, with adjusted earnings per share decreasing by 4.0% to $0.24 [4][11] Cash Flow and Shareholder Returns - Cash flow from operations was $275.3 million, while free cash flow decreased to $195.6 million [4][11] - The company returned $40.7 million to shareholders through dividends and share repurchases [11][16] - A quarterly dividend of $0.14 per share was declared, payable on December 15, 2025 [16] 2025 Outlook - The company reaffirmed its global systemwide sales growth outlook of -5.0% to -3.0% and adjusted EBITDA expectations of $505 to $525 million [17] - Free cash flow expectations were raised to $195 to $210 million, reflecting a positive adjustment in capital expenditures [18]

Group 1 - The Wendy's Company will release its third quarter 2025 results on November 7 before market opens [1] - A conference call will be held on the same day at 8:30 a.m. ET, with a webcast available on the Investor Relations website [1] - The conference call can be accessed by telephone for domestic and international callers, with a replay available later [1] Group 2 - Wendy's operates over 7,000 restaurants globally and employs hundreds of thousands of people [2] - The company is known for its Fresh Famous Food, including made-to-order square hamburgers and popular menu items like the Spicy Chicken Sandwich and Frosty dessert [2] - Wendy's supports the Dave Thomas Foundation for Adoption, aiming to increase adoptions from North America's foster care system [2]

Core Viewpoint - The Wendy's Company reported a decline in overall systemwide sales for the second quarter of 2025, primarily due to lower same-restaurant sales in the U.S., while the international segment showed strong growth. Operational Highlights - The company opened 44 new restaurants in the second quarter, totaling 118 new openings in the first half of 2025 [2] - International systemwide sales grew by 8.7%, while U.S. systemwide sales declined by 3.3% [2][5] - Same-restaurant sales growth in the U.S. was down 3.6%, compared to a 1.8% increase in the international segment [2][5] - The total restaurant count at the end of the quarter was 7,334, with 5,967 in the U.S. and 1,367 internationally [2] Financial Highlights - Total revenues for the second quarter were $560.9 million, a decrease of 1.7% from the previous year [4] - Adjusted revenues were $449.6 million, down 1.3% year-over-year [4] - U.S. Company-operated restaurant margin decreased to 16.2%, down from 16.5% [4][7] - Operating profit increased to $104.3 million, up 4.8% from the previous year [4][10] - Net income for the quarter was $55.1 million, a slight increase of 0.9% [4][11] - Reported diluted earnings per share were $0.29, reflecting a 7.4% increase [4][13] Cash Flow and Shareholder Returns - Cash flow from operations was $146.0 million, a 0.3% increase year-over-year [4] - The company returned $88.7 million to shareholders through dividends and share repurchases [9] - The company repurchased 4.8 million shares for $61.9 million in the second quarter [15] 2025 Outlook - The company reaffirmed its global net unit growth target of 2-3% and capital expenditures between $165 million and $175 million [16] - The updated expectations for global systemwide sales growth are now between -5.0% to -3.0% [16] - Adjusted earnings per share are expected to be between $0.82 and $0.89, down from previous estimates [16]

Core Insights - Wendy's Company aims to accelerate global net unit growth, targeting 2,000 international restaurants by 2028, with 70% of this growth expected to occur outside the United States [1][4] Expansion in Italy - Wendy's has entered into an exclusive franchise agreement with Your Food S.R.L to develop 170 new restaurants in Italy by 2035, marking a significant step in European expansion [2] - The first two Wendy's locations in Italy are set to open in Milan by mid-2026, establishing a foundation for long-term growth in the region [2] Expansion in Armenia - An exclusive franchise agreement has been signed with Wen Restaurant LLC to develop 20 new Wendy's restaurants in Armenia by 2030, enhancing the brand's presence in the Europe, Middle East, and Africa region [3] - The first location in Armenia is expected to open in Yerevan's city center, reflecting a commitment to redefining the quick service restaurant experience in the country [3] Leadership Statements - E.J. Wunsch, President of International at Wendy's, emphasized the success of the accelerated growth strategy and the brand's strong positioning for international scaling [4] - Mario Resca, Chairman of Your Food S.R.L, expressed pride in partnering with Wendy's to introduce a new quick service restaurant standard in Italy [4] - Hrant Grigoryan, CEO of Wen Restaurant LLC, highlighted the introduction of Wendy's fresh, made-to-order menu in Armenia, aiming to set a new standard in the region [4][8] Company Overview - Wendy's Company operates over 7,000 restaurants globally and is committed to delivering fresh, high-quality food, including its signature square hamburgers and other popular menu items [5]