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The Wendy's Company Reports First Quarter 2022 Results
The Wendy's Company today reported unaudited results for the first quarter ended April 3, 2022.
"We continue to make meaningful progress against our three strategic growth pillars, reinforcing the strength and resiliency of the Wendy's® brand and driving robust AUV and sales increases," President and Chief Executive Officer Todd Penegor said. "We had one of our best quarters in our history for unit growth, with over 90 new restaurant openings, and are on track to reach our planned net unit growth goal of 5 to 6 percent for the year..."
Where's The Bacon? Wendy's Launches Breakfast Nationwide in Canada Today
Today is the day morning routines change forever with Wendy's® craveable breakfast menu launching nationwide in Canada, served from 6:30 a.m. to 10:30 a.m.* To celebrate the launch, Wendy's is giving customers one less reason to hit snooze with a FREE hot cup of their soon-to-be favourite coffee all day long at participating locations through May 29.** Customers will not want to miss out because for the first time ever, Wendy's is serving a new signature medium-roast coffee blend uniquely crafted for Canadian customers...
Wendy's Advances Corporate Responsibility Commitments
Today, The Wendy's Company released its 2021 Corporate Responsibility report, outlining progress under the Company's Good Done Right platform focus areas of Food, People and Footprint. The report announces Wendy's® newly formalized Diversity, Equity and Inclusion goals and shares progress on the Company's climate roadmap and sustainable packaging goals. In the report, the Company also details its Board of Directors' decision to tie executive compensation to Environmental, Social and Governance (ESG) performance, with a portion of Company executives' 2022 incentive compensation linked to Wendy's achievements against its Food, People and Footprint goals...
Wendy's $5 Biggie™ Bag Now Comes with Choice of Sandwich
WHAT:Looking to find a value meal that is flavorful, satisfying AND doesn't break the bank? Look no further. Wendy's® iconic $5 Biggie™ Bag now comes with the choice of a Jr. Bacon Cheeseburger, Double Stack™, or classic Crispy Chicken BLT. That's right, three flavor-bursting sandwiches featuring fresh, never frozen beef*, Applewood smoked bacon or all-white meat chicken. Get your choice of sandwich, 4-piece chicken nuggets (Spicy or Crispy), small fries and a small soft drink all for just. five. dollars...
Buck Biscuit Returns: Wendy's Brings Back Breakfast Biscuits for a Buck
WHAT:Buck Biscuit is BACK! Calling all breakfast lovers everywhere – it's time to wake up to a better breakfast with select Wendy's® $1 premium biscuit sandwiches! You heard that right...you can snag Wendy's Sausage or Bacon, Egg & Cheese Biscuit for just a buck* all month-long.
We're talking Wendy's fluffy, Southern-style biscuit made with real buttermilk, topped with fresh-cracked egg, oven-baked Applewood Smoked bacon (cooked fresh daily!) or savory sausage perfectly seasoned for a kick, topped with melted American cheese for just. one...
Welcome to the Wendyverse™: Wendy's® Opening First Restaurant in Virtual Reality
Wendy's® is teaming up with creators in Meta's Horizon Worlds to make (virtual) dreams come true with the grand opening of the Wendyverse™ in Horizon Worlds on April 2. Virtual reality becomes reality as Wendyverse gives fans all-new 3D opportunities to virtually interact with each other and the brand – as only Wendy's can.
"For years we've been meeting our fans in unexpected ways and places with our unique approach to social media, gaming and engagement," said Carl Loredo, chief marketing officer for...
Wendy's Introduces Deals for NCAA March Madness with Assist from Reggie Miller
WHAT: Wendy's® is back, baby. As the Official Breakfast of March Madness® and Official Hamburger of March Madness, Wendy's is stepping up deals to fuel fans nationwide all month long.
Introducing your Wendy's starting lineup for the 2022 NCAA® March Madness Tournament:
At Shooting Guard: Five-Time All-Star NBA Player, and Wendy's Superfan, Reggie Miller- For the third straight year, Wendy's is teaming up with someone who knows a thing or two about being the best in the game, NBA legend, Reggie Miller...
The Wendy's Company Reports Fourth Quarter and Full Year 2021 Results
The Wendy's Company today reported results for the fourth quarter and fiscal year ended January 2, 2022.
"2021 was a breakthrough year, as evidenced by significant growth across our business," President and Chief Executive Officer Todd Penegor said. "Global same-restaurant sales accelerated to double digits on a one- and two-year basis, Company restaurant margins expanded by almost 200 basis points, and we opened more than 200 restaurants, highlighting the success of our strong brand and aligned system. In 2022, we are planning to deliver...
Wendy's Announces Breakfast Launch in Canada
Today, Wendy's® announced that breakfast will be available in all Wendy's restaurants across Canada this spring, entering a new daypart to offer Canadians what they deserve: a breakfast that does not cut corners. Say goodbye to dry English muffins, stale breakfast sandwiches, and see-through bacon, and wake up to a craveable made-to-order breakfast paired with a meticulously crafted cup of custom blended coffee made specifically for Canadian customers. From freshly cracked Canadian eggs on every sandwich, to savoury Applewood smoked bacon, freshly-cooked in every restaurant every day and biscuits...
Wendy's New Hot Honey Duo of Craft Sandwiches Delivers Sweet, Sweet Heat Morning, Noon and Night
Wendy's® answers the question, "where does heat meet sweet?" with the launch of the new Hot Honey Chicken Sandwich and Hot Honey Chicken Biscuit. Marrying the sweet taste of honey with the fiery habanero kick you expect from the Queen of Spice, the hand-crafted duo packs a punch Wendy's fans will love all day long. With the Hot Honey Chicken Biscuit for breakfast and Hot Honey Chicken Sandwich available rest of day, Wendy's reigns supreme when it comes to bringing...
Wendy's Teams Up with Kansas Athletics to Celebrate Upcoming Jayhawks Basketball Game
WHAT:This week, the (#5) Kansas Jayhawks and the (#12) Kentucky Wildcats will go head-to-head in one of the hottest (& crispiest) games of the season, and Wendy's® wants IN on the action! As the preferred breakfast sandwich of Kansas Athletics, Wendy's is taking over Lawrence, KS to shoot a few FREE throws of her own...Put me in, coach!
To get the town pumped for a slam dunk on the Wildcats, from Friday, January 28 – Saturday, January 29, residents will score FREE Wendy's...
Wendy's Gives Thanks to Community Heroes This Holiday Season with FREE Breakfast for a Year!
WHAT: Wendy's® is celebrating Charleston's hometown heroes who keep the community going throughout the year. Local area Wendy's restaurants are giving back to those who give to us by giving away "free breakfast for a year" to 400 Charleston heroes and a month-long Buck Biscuit deal for the rest of the community. Here's the scoop:
- Thank You Community Heroes Breakfast Giveaway*: Local Wendy's restaurants are giving away "FREE Breakfast for a Year" to community heroes in the Charleston area as part of...
The Wendy's Company Announces Addition of Richard H. Gomez to Board of Directors
The Wendy's Company today announced that on November 4, 2021 the Board of Directors increased the size of the Board from 11 to 12 members and elected Richard (Rick) H. Gomez to serve as a director of the Company, effective immediately.
Gomez is Executive Vice President, Chief Food and Beverage Officer for Target Corporation. Gomez joined Target in 2013 and has held several key leadership positions at the company, including Chief Marketing, Digital & Strategy Officer and Senior Vice President, Brand and Category Marketing. Prior to his tenure...
Wendy's Salutes Veterans and Active Military with FREE Breakfast*
WHAT:In honor of Veterans Day, Wendy's® is thanking those who have served or are currently serving in the U.S. Military with a FREE breakfast combo offer* with valid military ID or a Veterans Advantage card.
Whether you're a fan of the Maple Bacon Chicken Croissant, Honey Butter Chicken Biscuit or crowd favorite Breakfast Baconator® combo, the offer is a small gesture of gratitude for the men and women who work tirelessly to protect our country.
WHERE & WHEN:Those who have served or are currently serving are invited to...
Wendy's Invites Fans to Wake Up to a Better Breakfast for Just $1* Through November
WHAT:Not only is it the first day of November but it's also 11:11, which means your favorite redhead is here to grant everyone the tastiest wish – its beloved breakfast Sausage or Bacon, Egg & Cheese Biscuit for a buck. Yes, you read that right – only one dollar for a limited time!
We're talking Wendy's® fluffy, Southern-style biscuit made with real buttermilk, topped with fresh-cracked egg, oven-baked Applewood Smoked bacon or savory sausage made with crushed red...
Wendy's and Google Cloud Partner to Enhance the Wendy's Restaurant Experience
Wendy's® and Google Cloud today announced a partnership to enhance the Wendy's restaurant experience and unlock new customer, restaurant, and employee experiences through data-driven insights.
Wendy's intends to leverage Google Cloud's data analytics, artificial intelligence (AI), machine learning (ML), and hybrid cloud tools to create new ways customers can order food in the drive thru, on their mobile devices and through other touchpoints. By expanding the ways customers can engage with the brand in the future, using technology like speech-to-text and...
Wendy's Introduces First-of-Its-Kind Big Bacon Cheddar Cheeseburger
Wendy's® just launched the new Big Bacon Cheddar Cheeseburger. The third addition to the Made to Crave lineup this year, this sandwich flips the notion of a traditional bacon cheeseburger on its bun.
"...We had a desire to dial-up what we do best and create a flavorful, pub-fare style sandwich featuring more bacon, more cheddar and more innovation," said John Li, Vice President of Culinary Innovation at The Wendy's Company. "The result is an unexpected, melt-in-your-mouth sandwich with huge craft flavors..."
Wendy's and REEF Announce Development Commitment for 700 Delivery Kitchens
The Wendy's Company and REEF – the largest operator of mobility, logistics hubs and kitchens – today announced a new development commitment to open and operate 700 delivery kitchens over the next five years across the U.S., Canada and the United Kingdom. The commitment builds upon the successful test of eight delivery kitchens in Canada beginning in late 2020. Through this commitment, REEF will become the first Wendy's® franchisee in the United Kingdom.
Wendy's and REEF expect to open approximately 50 delivery kitchens in 2021, with the remainder launched by 2025...
The Wendy's Company Reports Second Quarter 2021 Results
The Wendy's Company reported unaudited results for the second quarter ended July 4, 2021.
"We are thrilled to once again increase our 2021 financial outlook across all key financial metrics, driven by a transformative quarter that showcased our continued momentum and the overall strength of our business," President and Chief Executive Officer Todd Penegor said. "Our robust growth continued in the second quarter, as sales significantly exceeded our expectations, leading to restaurant level margins of more than 20 percent and record profits, fueling our restaurant economic model. We are also excited to meaningfully increase our 2025 Global restaurant target to 8,500 to 9,000, driven by a development commitment with...
Wendy's Launches New Nugget Sauce as Popeyes Prepares to Debut Chicken Nuggets
As Popeyes prepares to debut chicken nuggets on the menu on July 27, Wendy’s is launching Ghost Pepper Ranch Sauce nationwide. Wendy’s is advertising the sauce to be paired with its Spicy Nuggets or for spreading on other menu items like burgers and sandwiches. Additionally, Wendy’s is featuring its 10-piece Spicy Chicken Nuggets in a buy one get one for $1 offer through September 5.
"I'm proud of the work my culinary team has done to create a legacy of spice that keeps fans coming back for more with new menu innovations they crave, including...
Wendy's Introduces New Spicy Black Bean Burger
Wendy's is spicing up its Made to Crave premium sandwich line with the addition of a new plant-based sandwich, the Spicy Black Bean Burger. Beginning June 28, consumers in Columbus, Pittsburgh and Jacksonville can purchase a Spicy Black Bean Burger bite while supplies last.
"Our Made to Crave menu is a destination for customers seeking bold ingredients and flavor innovation," said Carl Loredo, U.S. Chief Marketing Officer for The Wendy's Company. "With that spirit, we're bringing forward an incredibly tasty Spicy Black Bean Burger to this line-up in three select markets. Consumers are demanding plant-based sandwiches, and...
Wendy’s Becomes Next ‘Meme Stock’ as Price Jumps Thanks to Reddit Users
Yesterday, Foodmarket.com covered Wendy’s announcement of the return of its Summer Strawberry Chicken Salad for a limited time. While some Wendy’s fans may be excited about the salad’s return, a significant jump in stock price on June 8 was quite unexpected for many analysts.
Wendy’s stock climbed by 25.85% at closing, reaching the $28.87 per share mark and up from $22.94 at closing on June 7. following the announcement and help from the ‘meme stock’ community on Reddit.
A few months ago, Reddit users were famously...
Wendy's Brings Back Seasonal Summer Strawberry Chicken SaladWendy's is bringing back its Summer Strawberry Chicken Salad nationwide. The salad is created with ingredients like hand-picked strawberries, crisp Applewood smoked bacon, Tuscan cheese blend topped with a Champagne Vinaigrette–all on top of a bed of freshly chopped lettuce and spring mix.
"From our Jalapeño Popper Chicken Salad to our Southwest Avocado Salad and now, our new Summer Strawberry Chicken Salad, we consistently lean into on-trend ingredients to give our customers flavorful salad options they can't find anywhere else," said Carl Loredo, Wendy's U.S. Chief Marketing Officer. "Others have chosen to...
Wendy’s Opens Its Doors In the United Kingdom
Wendy’s has arrived in the United Kingdom. After much anticipation, Wendy’s opens its doors in Reading, offering signature US menu items that fans know and love, including the Baconator®, Dave’s Single™, the Spicy Chicken Sandwich and of course the Frosty® dessert. These favorites will be joined by an exclusive range of items only available in the UK, including the Veggie Stack, Veggie Bites, and Avocado Veggie Salad.
Wendy’s selected Reading as it is a great community with a strong employee base and is near a major transportation hub, offering the right amount of foot traffic across dayparts. The Company will continue to...
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