Wendys Co Stock Price, News & Analysis

The Wendy's Company (Nasdaq: WEN) reported third quarter 2025 results on November 7, 2025.

Key highlights: Global systemwide sales were $3.5 billion, a 2.6% decline; International systemwide sales grew 8.6%. The company opened 54 restaurants in Q3 (172 YTD). Adjusted EBITDA rose 2.1% to $138.0 million and reported net income was $44.3 million. Reported diluted EPS was $0.23 and adjusted EPS was $0.24 (down 4.0%). The company declared a $0.14 quarterly dividend payable Dec 15, 2025, and raised its free cash flow outlook by $35 million at the midpoint.

Wendy's (Nasdaq: WEN) launched Project Fresh on October 9, 2025, a strategic plan to revitalize the brand, accelerate profitability and enhance shareholder value across four pillars: brand revitalization, system optimization, operational excellence and capital reallocation. Actions include partnering with consultancy Creed UnCo for marketing transformation, prioritizing U.S. average unit volume (AUV) growth, increasing restaurant-level investments in hospitality, digital and equipment, and reducing Build-to-Suit capital by approximately $20 million in 2025 with a larger reduction expected in 2026. The Board is conducting a CEO search targeting completion by year-end and will release further details with Q3 results on November 7, 2025.

The Wendy's Company (Nasdaq: WEN) will report third quarter 2025 results before the market opens on Friday, November 7, 2025. The company will host a conference call the same day at 8:30 a.m. ET with a simultaneous webcast and presentation materials available on the company's Investor Relations website at www.irwendys.com. Domestic dial-in is (844) 200-6205, international dial-in is (929) 526-1599, using event ID 182945. A replay of the webcast will be available on the Investor Relations site.

Wendy's (NASDAQ:WEN) has launched its new Chicken Tenders ("Tendys") nationwide, alongside six new dipping sauces. The new menu item features all-white-meat chicken with seasoned, crispy breading, available in two-, three-, or four-piece options.

The launch includes an expanded sauce lineup with nearly double-sized portions: Wendy's Signature, Sweet Chili, Scorchin' Hot, Creamy Ranch, Honey BBQ, and Honey Mustard. The product comes in new packaging designed specifically for dipping convenience, with a built-in dip-cup holder.

To celebrate the launch, select cities will see restaurants temporarily rebranded as "Tendy's" in October 2025.

Wendy's (NASDAQ: WEN) reported mixed Q2 2025 results with notable challenges in its U.S. operations. Global systemwide sales decreased 1.8% to $3.7 billion, primarily due to a 3.6% decline in U.S. same-restaurant sales. However, international performance remained strong with 8.7% systemwide sales growth.

The company reported diluted earnings per share of $0.29, up 7.4% year-over-year. Wendy's added 26 net new restaurants globally and returned $88.7 million to shareholders through dividends ($0.14 per share) and share repurchases (4.8 million shares for $61.9 million).

Due to challenging conditions, Wendy's lowered its 2025 outlook, now expecting global systemwide sales growth between (5.0)% to (3.0)% and adjusted earnings per share of $0.82 to $0.89, down from previous guidance of $0.92 to $0.98.

Wendy's (NYSE:WEN) has announced a unique collaboration with Netflix's hit show "Wednesday" launching the limited-time "Meal of Misfortune" nationwide on August 4, 2025. The themed meal features new menu items including four mystery "Dips of Dread" sauces, "Rest in 10-Piece" Nuggets, "Cursed & Crispy" Fries, and a "Raven's Blood" Frosty with dark cherry swirl.

The promotion coincides with Wednesday Season 2 Part 1 premiere on Netflix on August 6. U.S. customers can also participate in an interactive game "Escape from Wednesday's Woe" through the Wendy's app for a chance to win $10,000. The meal will be available in the U.S., Canada, Puerto Rico, Bahamas, and Guam.

Wendy's (NASDAQ: WEN) has appointed Pete Suerken as President, U.S., effective July 22, 2025. Suerken, who previously served as President and CEO of Wendy's Quality Supply Chain Co-op (QSCC) since 2021, will succeed Abigail Pringle, who is departing after serving as President, U.S. since 2024.

Suerken brings over two decades of experience in the food, beverage, and restaurant industries, with a proven track record in transforming operations and driving innovation. He will report to interim CEO Ken Cook and join the Senior Leadership Team. The leadership change comes as Wendy's focuses on enhancing customer experiences, increasing restaurant-level profitability, and accelerating growth in its U.S. business.

Wendy's (NASDAQ:WEN) has announced significant international expansion plans through two new franchise agreements that will bring 190 new restaurants to Italy and Armenia. The larger agreement with Your Food S.R.L will develop 170 restaurants across Italy through 2035, with the first two locations opening in Milan by mid-2026.

In Armenia, Wen Restaurant LLC will develop 20 new restaurants through 2030, with the first location planned for Yerevan's city center. These agreements support Wendy's strategic goal of achieving 2,000 international restaurants by 2028, with 70% of unit growth targeted outside the United States.

Wendy's (NASDAQ: WEN) has scheduled its second quarter 2025 earnings release for Friday, August 8, before market open. The company will host a conference call at 8:30 a.m. ET the same day to discuss the results.

Investors can access the conference call via telephone or through a simultaneous webcast on Wendy's Investor Relations website. Presentation materials will be available on the IR website, and a replay of the webcast will be accessible after the event.