Welcome to our dedicated page for Wendys Co news (Ticker: WEN), a resource for investors and traders seeking the latest updates and insights on Wendys Co stock.
Wendy's Company (NASDAQ: WEN), the global quick-service restaurant chain renowned for its fresh, never-frozen beef and square hamburgers, maintains this dedicated news hub for investors and industry observers. Access timely updates on corporate developments, financial performance, and strategic initiatives directly from the source.
This comprehensive resource aggregates all official Wendy's press releases and verified news coverage, providing stakeholders with a centralized location to track earnings announcements, leadership changes, menu innovations, and expansion efforts. Users gain efficient access to both high-level business updates and detailed operational developments.
The curated collection includes quarterly financial disclosures, partnership announcements, sustainability initiatives, and technology implementations across Wendy's global franchise network. Each entry maintains strict editorial standards to ensure accuracy and relevance for investment research and market analysis.
Bookmark this page for streamlined monitoring of Wendy's corporate trajectory within the competitive QSR sector. Check back regularly to stay informed about material developments that shape the company's market position and operational strategies.
Wendy's is bringing back its popular Frosty Key Tags promotion from December 9, 2024, through February 16, 2025. For $3, customers can purchase a key tag that offers a free Jr. Frosty with any purchase throughout 2025. The promotion is available at participating U.S. locations, and customers can use either a physical keychain or digital version through the Wendy's app.
Proceeds from the key tag sales will benefit the Dave Thomas Foundation for Adoption, which has helped find permanent homes for more than 14,800 children across the U.S. and Canada. The key tags can be purchased at local Wendy's restaurants or through the mobile app, with bulk orders available through the Foundation.
The Wendy's Company has appointed Ken Cook as Chief Financial Officer, effective December 2, 2024, replacing Gunther Plosch who served since 2016. Cook joins from UPS, where he was Head of Financial Planning and Analysis, bringing 20 years of finance experience including roles as CFO of UPS's U.S. Domestic segment and South Asia operations. The appointment aligns with Wendy's focus on driving operational performance and improving restaurant profitability. The company will release Q4 and full year 2024 results on February 13, 2025, followed by an Investor Day on March 5, 2025.
Wendy's announces a -time offer for its Spicy Chicken Sandwich at $3.99, available exclusively through the Wendy's mobile app until December 29, 2024. The promotion features their signature sandwich, introduced in 1995, made with chicken breast marinated in spicy seasonings and topped with lettuce, tomato, and mayo.
The offer is accessible nationwide through the Wendy's app, where customers can either place mobile orders or generate a barcode for in-store purchases. This promotional pricing aims to provide an affordable meal option during the holiday season.
Wendy's introduces new Salted Caramel Frosty nationwide, celebrating the iconic dessert's 55th anniversary. The -time flavor debuts alongside two new fall menu items: the Mushroom Bacon Cheeseburger featuring roasted mushrooms, bacon, Muenster cheese, and garlic spread on fresh beef, and a revamped Taco Salad with new creamy zesty salsa dressing, fire-roasted corn, and tortilla strips. The Salted Caramel Frosty will temporarily replace the Vanilla Frosty, joining Chocolate on the menu at participating locations.
Wendy's (WEN) reported Q3 2024 results showing mixed performance. Global systemwide sales grew 1.8% to $3.636 billion, with same-restaurant sales increasing 0.2%. Total revenues rose 2.9% to $566.7 million. However, operating profit declined 6.8% to $94.7 million, and net income decreased 13.4% to $50.2 million. The company maintained its U.S. Company-operated restaurant margin at 15.6%. During Q3, Wendy's opened 64 new restaurants globally and continued its share repurchase program, buying back 1.5 million shares for $25.2 million. The company declared a quarterly dividend of $0.25 per share.
Wendy's franchisee Legacy Restaurant Group (LRG) has partnered with University of Kansas Men's Basketball Coach Bill Self for a Halloween fundraising initiative. Coach Self will match every $1 Boo! Books purchase up to $30,000 to benefit the Dave Thomas Foundation for Adoption. The promotion runs from October 23 through November 3, 2024, at participating Kansas City and Lawrence Wendy's locations. Each Boo! Book includes coupons for five free Jr. Frosty treats and a bonus $1.99 Kids' Meal coupon valid through December 31, 2024.
Wendy's is launching a -edition Boo! Bag meal for Halloween, available from October 21 while supplies last. The meal includes a Dave's Single, small Hot & Crispy Fry, small Frosty, glow-in-the-dark Bone Chiller Frosty figure, and a Boo! Books coupon book. Boo! Books, also sold separately for $1, contain coupons for five free Jr. Frosty treats and a bonus coupon for a $1.99 kids' meal with purchase.
The promotion supports foster care adoption through the Dave Thomas Foundation for Adoption. Wendy's is also offering a Frosty Frights kids' meal, making it a one-stop-shop for seasonal treats. Boo! Books are available until November 3, with coupons valid through December 31, 2024.
Wendy's and Rebel Foods celebrate the opening of their 160th restaurant in India, located in Bengaluru's BTM Layout. This milestone was achieved in just 36 months, with Rebel Foods as the master franchise holder for Wendy's in India. The new restaurant features Wendy's Global Next Gen design, including self-ordering kiosks and seating for over 50 customers.
The expansion includes plans for more dine-in restaurants across Delhi NCR, Bengaluru, and Hyderabad. Wendy's menu in India offers a mix of signature items and local favorites, including the recently launched Chimichurri Burgers. The company aims to add dozens more restaurants by December, expanding its presence in various Indian cities.
The Wendy's Company (Nasdaq: WEN) has announced it will release its third quarter 2024 results before the market opens on Thursday, October 31. The company will host a conference call at 8:30 a.m. ET on the same day, along with a simultaneous webcast from their Investor Relations website. Presentation materials will be available on the website as well. The live conference call can be accessed by telephone, with separate numbers provided for domestic and international callers. An archived webcast and presentation materials will be made available on the company's Investor Relations website after the event.
Wendy's is offering $1 any size soft drinks nationwide for a time, with no additional purchase necessary. This promotion provides fans with over 100 drink options to choose from, available all day, every day across the country. Customers can explore a variety of beverages, including classic favorites and unique combinations, using Coca-Cola Freestyle® dispensers at Wendy's locations.
The offer is available at Wendy's restaurants, in-app, or online at wendys.com. Wendy's aims to provide quality experiences at great prices, allowing customers to enjoy refreshing drinks at an affordable price point. The promotion aligns with Wendy's commitment to offering delicious food and beverages at prices customers can feel good about.
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