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Wendy's Reports Third Quarter Results
The Wendy's Company reported unaudited results for the third quarter ended September 27, 2020.
"In the third quarter we posted our highest Global same-restaurant sales growth performance in over 15 years on top of outsized growth in the prior year." President and Chief Executive Officer Todd Penegor said. "In addition to these very strong sales, our restaurant economic model continues to strengthen, with Company-operated restaurant margin expansion compared to the prior year, despite significant commodity headwinds. We remain focused on our goal of delivering efficient, accelerated growth behind...
Wendy's Rolls Out New Chicken Sandwich
Wendy's is introducing a brand-new chicken sandwich that's crispier, juicier and packed with flavor.
"We can't wait for our fans to get their hands on the New Classic Chicken Sandwich which has the perfect crunch from breading and pickles paired with the juiciness and flavor of the fillet," said Carl Loredo, Chief Marketing Officer for The Wendy's Company. "The Classic joins what customers have already come to know and love in spice and taste from Wendy's via our Spicy Chicken and Pretzel Bacon Pub Chicken Sandwiches."
The new Classic Chicken Sandwich features...
Technomic Analyzes Wendy's Breakfast Performance
In a recent analysis, Technomic used its Ignite Consumer tool to look at how Wendy's breakfast performed amid several challenges. Wendy's has had a long experience with testing breakfast menu items, dating back to the 1980s. From adding and removing breakfast items at different locations and trying out omelets on the menu, this daypart has represented an ongoing battle for the quick service chain.
In March 2020, Wendy's launched a new campaign focused on breakfast and started to spread the word with a Twitter war. The breakfast battle started with a tweet calling out McDonald's, who did not respond. Wendy's then followed up...
Wendy's Adds Pretzel Bacon Pub Cheeseburger to Menu
Wendy's is introducing the Pretzel Bacon Pub Cheeseburger. After a few years out of the pretzel-bun game and some self-reflection, the new and improved Pretzel Bacon Pub Cheeseburger is back. In between the soft pretzel bun lies a quarter pound of fresh, never frozen beef topped with Muenster cheese, three strips of Applewood smoked bacon, smoky honey mustard, warm beer cheese sauce, crispy fried onions, and pickles.
"We love working with our Culinary Innovation team to deliver on emerging food trends and flavors that customers can't get enough of," said Carl Loredo Chief Marketing Officer for The Wendy's Company. "Like we did with Spicy Nuggets, we've been watching and listening as customers have been...
Wendy's Adds Spicy Chicken Sandwich to 4 for $4 Meal Deal
Wendy's is introducing its Spicy Crispy Chicken Sandwich to Wendy's 4 for $4. The latest addition brings the heat with a spicy all-white meat crispy patty, crisp lettuce, mayonnaise, and a warm bakery bun.
The restaurant will also be offering a Postmates code offering free 4 for $4 Meal Deals with any $10 minimum purchase for a limited time. The sandwich will be available nationwide at participating Wendy's restaurants.
The 4 for $4 Meal Deal was first introduced...
Wendy's Reports Second Quarter 2020 Results
The Wendy's Company reported unaudited results for the second quarter ended June 28, 2020 and provided an update on the impact of the COVID-19 pandemic on the Company's business.
"I continue to be extremely proud of, and humbled by, the tireless efforts and dedication from our employees, franchisees and supplier partners across the globe as we successfully manage through COVID-19," President and Chief Executive Officer Todd Penegor said. "Our business and restaurant economic model continue to show incredible resilience as we build momentum with U.S. same-restaurant sales accelerating to high-single digit growth in July, driven by...
Wendy's Launches 'Wendy's Rewards' Across the U.S.
Wendy's announced the national launch of 'Wendy's Rewards' loyalty program, allowing customers the opportunity to earn points to unlock rewards for their favorite menu items. To kick off Wendy's Rewards, fans can get double points on their first order for a limited time.
Scoring free Wendy's is easy with Wendy's Rewards. Simply make a purchase at Wendy's to earn points and keep track of them in Wendy's mobile app. Customers can earn points on nearly every way they get Wendy's, whether its placed via mobile order or by scanning their app at the pick-up window.
"Wendy's has some of the most loyal customers around, and we're thrilled to launch a program that rewards them for their excellent taste in craveable, high-quality food," said...
Wendy's Provides Business Update on COVID-19
Wendy's announced an update on the impact of the COVID-19 pandemic on the Company's business.
Global same-restaurant sales have improved each week throughout the fiscal month of May after being impacted by the previously disclosed disruption in beef supply at the beginning of the month. Global same-restaurant sales for the last week of May turned positive in the low single digit range.
Breakfast in the U.S. continued to perform very strongly in...
The Wendy's Company Reports First Quarter 2020 Results
The Wendy's Company today reported unaudited results for the first quarter ended March 29, 2020 and provided an update on the impact of the COVID-19 pandemic on the Company's business.
Note from President and CEO, Todd Penegor
At Wendy's, the health, safety and well-being of our teams and customers has always been, and will continue to be, our top priority. We are focused on actions where we can make a positive difference to advance public health goals, safeguard our team members and customers from the spread of COVID-19, maintain essential access to high quality, affordable food, and support our franchisees and employees around the world.
I am very proud of the significant momentum our business generated in 2019 and carried into March of 2020 prior to the negative impact of COVID-19. Our U.S. breakfast launch in early March...
Restaurants Offer Deals to Boost Traffic During the Coronavirus Pandemic
Now that President Trump has extended social distancing guidelines until April 30th, consumers should expect to get food delivered, takeout, or from the drive-thru for the next month when they want to dine out. Restaurants are offering incentives to get consumers to eat away from home to generate income during these unprecedented times.
Taco Bell announced that the chain wants to give back to Americans this Tuesday, with a free Doritos Locos Taco for drive-thru guests. The restaurant is also offering free delivery through GrubHub on all orders more than $12.00. The chain will also be transforming its Taco Bell Trucks to...
Wendy's Provides Coronavirus Update and Actions Taken
The Wendy's Company announced an update on the impact of the COVID-19 pandemic on the Company's business.
"This is an unprecedented time, and we are focused on the actions where we can make a positive difference. To that end, we have taken several precautionary steps to advance public health goals, maintain essential access to high quality food, support our franchisees, and safeguard our team members and customers from the spread of COVID-19," said President and CEO Todd Penegor. "As we navigate any challenges we face, we'll do it...
McDonald's to Celebrate National Egg McMuffin Day, As Breakfast Wars Heat Up
With Wendy's launching a nationwide breakfast menu on Monday, McDonald's is heading into the breakfast battle by declaring Monday, March 2, National Egg McMuffin Day. McDonald's is inviting guests to celebrate by getting a free Egg McMuffin from 6-10:30 AM. To redeem the offer, customers need to download the McDonald's mobile app. “While we’re giving the Egg McMuffin its moment, we’re really honoring our breakfast fans who have woken up with McDonald’s breakfast for nearly 50 years. And we just thought, ‘hey, why not declare March 2 as National Egg McMuffin Day?’,” said David Tovar, Vice President of U.S. Communications. McDonald's also released 5 crave-worthy reasons why consumers will want to start their day with an Egg McMuffin.
The declaration of National Egg McMuffin Day could potentially disrupt Wendy's launch of their new breakfast menu, also being released on March 2nd. Wendy's breakfast menu brings a fresh twist to familiar flavors and pays homage to Wendy's fan favorites. The menu features items like...
Wendy's Reports Fourth Quarter And Full Year 2019 Results
The Wendy's Company reported results for the fourth quarter and fiscal year ended December 29, 2019.
"We delivered a very strong year of sales growth and have laid the foundation in 2019 to set the Wendy's brand up for future success," President and Chief Executive Officer Todd Penegor said. "We have momentum in our business as evidenced by our accelerating sales growth in the second half of the year, which sets us up well going into 2020. Our focus remains on efficient, accelerated growth behind our three major growth pillars: entering the breakfast daypart, growing our digital business, and expanding...
Wendy's Introduces New Breakfast Menu
Today Wendy's announced that, on March 2, consumers can get their hands on a selection of fresh, craveable, bold new morning options. From fresh, hand-cracked eggs on every sandwich, to savory Applewood smoked bacon, Wendy's breakfast menu brings a fresh twist to familiar flavors and pays homage to Wendy's fan favorites – featuring items like the Breakfast Baconator, Honey Butter Chicken Biscuit and Frosty-ccino.
"People deserve a delicious, affordable and higher quality breakfast than what they're currently getting, so that's exactly what we're going to serve when Wendy's launches breakfast nationally on March 2," said Kurt Kane, President, U.S. and Chief Commercial Officer of The Wendy's Company. "Our crew will be...
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