Wendy’s(US:WEN)2025-11-07 13:30Financial Performance - Global systemwide sales decreased by 2.6%[25], and global system same-restaurant sales (SRS) declined by 3.7%[25] - U S systemwide sales decreased by 4.4%[25], with a SRS decline of 4.7%[25] - International systemwide sales experienced growth of 8.6%[25], and SRS grew by 3.0%[25] - Adjusted EBITDA increased by 2.1% to $138 million[32] - Adjusted EPS decreased by 4.0% to $0.24[32] Capital Allocation and Cash Flow - The company returned over $40 million to shareholders through dividends and share repurchases[25] - Year-to-date free cash flow was $195.6 million[34] - The company is on track to return over $325 million to shareholders in 2025[38] Strategic Initiatives - The company launched Project FRESH, a strategic plan to drive profitable growth and long-term value across the U S system[12] - The company opened 172 new restaurants globally year-to-date through Q3[25] 2025 Outlook - Global systemwide sales growth is projected to be between (5.0)% and (3.0)%[39] - Adjusted EBITDA is expected to be between $505 million and $525 million[39] - Adjusted EPS is projected to be between $0.82 and $0.89[39] - Free cash flow is expected to be between $195 million and $210 million[39]