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Shares plans to update core menu items and launch impactful innovation to meet consumer preferences and win in fast growing segments Details increased investments in technology and operations to enhance the customer experience Outlines expectations to add 1,000 net new restaurants globally by 2028 Announces long-term financial algorithm of 3-4% annual net unit growth, 5-6% annual systemwide sales growth, and 7-8% annual adjusted EBITDA growth DUBLIN, Ohio , March 6, 2025 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) will host its 2025 Investor Day today at its Restaurant Support Center in Dublin, Ohio. The event will feature presentations from members of Wendy's senior leadership team, who will outline the Company's plans to accelerate growth and its long-term financial algorithm.
Milestone marks significant progress towards expanding the brand's global presence DUBLIN, Ohio , Feb. 28, 2025 /PRNewswire/ -- The Wendy's Company announced today a major global growth milestone with the opening of the 500th Wendy's® restaurant in the Asia Pacific, Middle East and Africa (APMEA) region. The restaurant, located in Nagano, Japan, is owned and operated by franchisee Wendy's Japan K.K.
Wendy's is cutting its quarterly dividend from $0.25 to $0.14 per share to focus on deleveraging and investing in U.S. operations. The new capital allocation strategy includes $200 million in buybacks and reducing long-term debt to improve financial health and shareholder returns. FY 2025 guidance includes 2%-3% global sales growth, adjusted EBITDA of $550-$560 million, and free cash flow of $275-$285 million.
JPMorgan analyst John Ivankoe gives Wendy's Co WEN a Neutral rating, lowering the price forecast to $17 from $20.
WEN's fourth-quarter fiscal 2024 results reflect solid comps growth and increased average checks. Dive in to learn more about the quarter's performance.
The Wendy's Company (NASDAQ:WEN ) Q4 2024 Results Conference Call February 13, 2025 8:30 AM ET Company Participants Aaron Broholm - Head of Investor Relations Kirk Tanner - President and Chief Executive Officer Ken Cook - Chief Financial Officer Conference Call Participants Dennis Geiger - UBS David Palmer - Evercore ISI Jon Tower - Citi Brian Mullan - Piper Sandler Danilo Gargiulo - Bernstein Brian Bittner - Oppenheimer Chris O'Cull - Stifel Jim Salera - Stephens Andrew Charles - TD Cowen Eric Gonzalez - KeyBanc Rahul Krotthapalli - JPMorgan Jim Sanderson - Northcoast Research Christine Cho - Goldman Sachs Logan Reich - RBC Capital Markets Operator Good morning. Welcome to The Wendy's Company Earnings Results Conference Call.
The headline numbers for Wendy's (WEN) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Wendy's (WEN) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.21 per share a year ago.
Fast-food chain Wendy's posted better-than-expected fourth-quarter earnings and ended six quarters of same-restaurant sales shortfalls, offsetting soft guidance for 2025.
Wendy's systemwide sales grew 5.4% in the fourth quarter, reaching $3.7 billion,* including same-restaurant sales growth of 4.3%. For the full year systemwide sales grew 3.1%, reaching $14.5 billion, including same-restaurant sales growth of 1.5%.