Wendy’s(US:WEN)2025-05-09 21:22Financial Performance - Global systemwide sales declined by 1.1%[11], while global same-restaurant sales (SRS) decreased by 2.1%[11] - International systemwide sales grew by 8.9%[12], with SRS growth of 2.3%[12] - U S Company restaurant margin was 14.8%[35], a decrease of 50 basis points compared to 15.3%[35] - Adjusted EBITDA decreased by 2.6% to $124.5 million[35] from $127.8 million[35] - Adjusted EPS decreased by 13.0% to $0.20[35] from $0.23[35] - Free cash flow increased by $12 million to $68 million[38] from $56 million[38] Capital Allocation - The company returned over $173 million to shareholders through dividends and share repurchases[12] - 8.2 million shares were repurchased in Q1[39] - The company anticipates repurchasing up to an additional $25 million of shares in 2025[39] - The Q2 dividend is $0.14 per share[39] 2025 Outlook - Net unit growth is projected to be between 2% and 3%[30, 40] - Global systemwide sales growth is expected to range from -2.0% to flat[40] - Adjusted EBITDA is projected to be between $530 million and $545 million[40] - Adjusted EPS is expected to be between $0.92 and $0.98[40] - Free cash flow is projected to be between $185 million and $205 million[40] - Capital expenditures are expected to be between $100 million and $110 million[40]