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The Wendy's Company Reports Preliminary Fourth Quarter and Full Year 2022 Results

The Wendy's Company (Nasdaq: WEN) today reported preliminary, unaudited results for the fourth quarter and fiscal year ended January 1, 2023. The Company plans to release its audited financial statements and file its annual report on Form 10-K on March 1, 2023.

"Our 2022 results highlight the strength and resiliency of the Wendy's® brand as we continued to deliver compelling sales and profit growth," President and Chief Executive Officer Todd Penegor said. "During the year, global same-restaurant sales reached double digits on a two-year...

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Jan 13 9:28 AM, General News



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...

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Nov 7 8:44 AM, General News


Happy HalloWEENDY's: Wendy's Celebrates Spooky Season with Scary Good Deals All Weekend Long

What:
Ding-dong – Wendy's® is turning Halloween into a HalloWEENDY's weekend-long celebration with five fang-tastic deals. No tricks – just treats from your favorite red head!

WHERE & WHEN:
HalloWEENDY's weekend will kick off on Thursday, October 27 and run through Halloween on Monday, October 31. Check out the frighteningly good Wendy's mobile app offers* below:

- Thursday, October 27: FREE Large frighteningly good Hot & Crispy Fry with any purchase
- Friday, October 28: BO(O)GO Dave's Single®
- Saturday, October 29: FREE spooktacular Small Chili with...

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Oct 25 10:05 AM, General News


Wendy's $3 Deal Delights Breakfast Fans Everywhere

WHAT:
Set your alarms breakfast fans – Wendy's® $3 Breakfast Deal is here! For just $3, you can get a Wendy's Bacon or Sausage, Egg & Swiss Croissant AND a small order of Seasoned Potatoes*. Yes, that's what delicious dreams are made of.

Drift off to sleep with sweet dreams of savory sausage or crispy applewood smoked bacon, fresh-cracked eggs and creamy swiss cheese sauce all on a pillowy croissant sandwich. As if that wasn't enough to have you sleeping soundly, the deal also includes a side of perfectly seasoned...

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Oct 24 9:35 AM, General News


Wendy's Teams Up with Rick and Morty on Show Themed Drinks and Combo Meals Only on Uber Eats

Wendy's® and Adult Swim's Rick and Morty are joining forces once again to celebrate the Emmy® Award-winning series' sixth season with exclusive Coca-Cola® Freestyle® flavors, Rick and Morty-inspired combo meals on Uber Eats* and a chance to win limited-edition Rick and Morty's-themed merch exclusively with Uber Eats. Wubba Lubba Grub Grub!

Following the outpouring of love last year, Wendy's is partnering again with the innovative team at Coca‑Cola® to bring back...

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Sep 7 1:38 PM, General News


Wendy's Pretzel Bacon Pub Cheeseburger Returns to the Starting Line-Up

Wendy's® fans rejoice – your favorite MVP (Most Valuable Pretzel) is back on menus nationwide. The mouthwatering Pretzel Bacon Pub Cheeseburger brings unforgettable flavors to the all-star Made to Crave lineup alongside the Bourbon Bacon Cheeseburger, Big Bacon Classic® Cheeseburger, Hot Honey Chicken Sandwich, and Asiago Ranch Classic Chicken Club.

"We always make it a priority to listen to our fans about what they want to see on our menus, or in this case, what they want to see come back on menus," said Carl Loredo...

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Sep 7 9:59 AM, General News


Wendy's Announces Innovative New Global Restaurant Design Standard: "Global Next Gen"

The Wendy's Company announced today a new global restaurant design standard, Global Next Gen, for enhanced customer, crew and digital experiences. Beginning Fall 2022, Wendy's® new traditional restaurant builds will feature a sleek and modern design with an optimized layout and next-generation technology to deliver more Wendy's to more people with an emphasis on convenience, speed and accuracy.

"To accelerate our business and expand our footprint across the globe, we must consistently meet the needs of our customers however they chose to engage with Wendy's, whether that's..."

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Aug 17 8:59 AM, General News


The Wendy's Company Reports Second Quarter 2022 Results

The Wendy's Company today reported unaudited results for the second quarter ended July 3, 2022.

"We are proud of the entire Wendy's® system for delivering a third consecutive quarter of accelerating double digit Global same-restaurant sales on a two-year basis, which exceeded our expectations," President and Chief Executive Officer Todd Penegor said. "This momentum contributed to a significant sequential Company-operated restaurant margin expansion, highlighting the strength of the underlying business and our brand as well as our commitment to the restaurant economic model in a challenging environment..."

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Aug 10 8:56 AM, General News


Wendy's and Tiger Pistol Partnership Sets the New Standard for Collaborative Advertising

Tiger Pistol, the leading collaborative advertising platform that delivers local activation at scale, announced today a partnership with The Wendy's Company, the global quick service restaurant, to power its national-to-local social advertising programs.

According to Kristin Tormey, Manager, Social Media & Gaming at The Wendy's Company, "The new partnership between Wendy's® and Tiger Pistol is an important step forward for our local advertising strategy. Tiger Pistol strengthens the level of collaboration between Wendy's, our regional agencies, and our restaurants, enabling high-performing social advertising at the..."

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Jun 17 8:00 AM, General News


The Wendy's Company Reaffirms 2022 Outlook

The Wendy's Company today reaffirmed its 2022 outlook.

"As evidenced by our sales momentum, which accelerated on a 2-year basis in Q1 2022, we continue to make significant progress across our three long-term growth pillars: building our breakfast daypart, accelerating our digital business, and expanding our footprint across the globe," President and Chief Executive Officer Todd Penegor said. "We achieved a second consecutive quarter of double digit 2‐year global same‐restaurant sales, opened over 90 new restaurants, accelerated our global digital business to over 10% of total sales..."

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May 27 8:47 AM, General News


The Wendy's Company Comments on Amended 13D Filing from Trian Partners

The Wendy's Company 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 of maximizing value for all stockholders. Our Board is committed to continuing to act in the best interests of the Company and its stockholders. Consistent with its fiduciary duties, the Board will carefully review any proposal submitted by...

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May 25 8:58 AM, General News


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..." 

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May 11 8:30 AM, General News


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...

 

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May 2 9:44 AM, General News


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...

 

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Apr 28 8:00 AM, General News


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...

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Apr 13 8:00 AM, General News


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...

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Apr 4 7:53 AM, General News


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...

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Mar 31 8:00 AM, General News


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...

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Mar 10 8:00 AM, General News


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...

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Mar 1 8:21 AM, General News


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...

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Feb 23 8:33 AM, General News







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