The Wendy's Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy's U.S., Wendy's International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of January 2, 2022, it operated approximately 403 company-operated restaurants; 5,535 franchised restaurants in the United States; and 1,006 franchised restaurants internationally. The company also owns and leases real estate properties. It owns 485 and leases 1,235 properties, which are leased or subleased to franchisees. The company was formerly known as Wendy's/Arby's Group, Inc. and changed its name to The Wendy's Company in July 2011. The Wendy's Company was founded in 1969 and is headquartered in Dublin, Ohio.
Company profile
Ticker
WEN
Exchange
Website
CEO
Mr. Kirk Tanner
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AURORA CORP, EnerJex Resources, Inc., MILLENIUM PLASTICS CORP, MILLENNIUM PLASTICS CORP
SEC CIK
Corporate docs
Subsidiaries
THE WENDY’S COMPANY • 256 Gift Card Inc. • Adams Packing Association, Inc. • Citrus Acquisition Corporation • Oldemark LLC • Quality Is Our Recipe, LLC • SEPSCO, LLC • The Wendy’s National Advertising Program, Inc. • TIMWEN Partnership • TXL Corp. ...
IRS number
380471180
WEN stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
The Wendy’s Company Announces Executive Leadership Appointments
16 Sep 24
8-K
The Wendy’s Company Appoints Arthur Winkleblack Chairman of the Board
6 Sep 24
10-Q
2024 Q2
Quarterly report
1 Aug 24
8-K
The Wendy’s Company Reports Second Quarter 2024 Results
1 Aug 24
8-K
The Wendy’s Company Names Abigail Pringle President, U.S. and E.J. Wunsch President, International
23 May 24
PX14A6G
Letter to shareholders
13 May 24
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
The Wendy’s Company Reports First Quarter 2024 Results
2 May 24
PX14A6G
Letter to shareholders
25 Apr 24
PX14A6G
Letter to shareholders
11 Apr 24
Transcripts
WEN
Earnings call transcript
2024 Q2
1 Aug 24
WEN
Earnings call transcript
2024 Q1
2 May 24
WEN
Earnings call transcript
2023 Q4
15 Feb 24
WEN
Earnings call transcript
2023 Q3
2 Nov 23
WEN
Earnings call transcript
2023 Q2
9 Aug 23
WEN
Earnings call transcript
2023 Q2
9 Aug 23
WEN
Earnings call transcript
2023 Q1
10 May 23
WEN
Earnings call transcript
2022 Q4
1 Mar 23
WEN
Earnings call transcript
2022 Q4
13 Jan 23
WEN
Earnings call transcript
2022 Q3
9 Nov 22
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Jan 23 | Jan 22 | Jan 21 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 524.64 mm | 524.64 mm | 524.64 mm | 524.64 mm | 524.64 mm | 524.64 mm |
Cash burn (monthly) | 22.82 mm | 14.63 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 90.96 mm | 58.34 mm | n/a | n/a | n/a | n/a |
Cash remaining | 433.68 mm | 466.30 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 19.0 | 31.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
86.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 389 |
Opened positions | 82 |
Closed positions | 46 |
Increased positions | 123 |
Reduced positions | 116 |
13F shares | Current |
---|---|
Total value | 2.92 tn |
Total shares | 175.78 mm |
Total puts | 1.50 mm |
Total calls | 1.07 mm |
Total put/call ratio | 1.4 |
Largest owners | Shares | Value |
---|---|---|
Trian Fund Management | 31.51 mm | $534.37 bn |
Vanguard | 21.73 mm | $368.60 bn |
BLK BlackRock | 19.61 mm | $332.50 bn |
Harris Associates L P | 9.49 mm | $160.98 bn |
Aqr Capital Management | 6.81 mm | $115.56 bn |
Charles Schwab Investment Management | 6.04 mm | $102.36 bn |
STT State Street | 5.15 mm | $87.34 bn |
JPM JPMorgan Chase & Co. | 5.08 mm | $86.11 bn |
Allspring Global Investments | 5.07 mm | $85.98 bn |
Dimensional Fund Advisors | 4.09 mm | $69.45 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 Oct 24 | Kristin A Dolan | Common Stock | Grant | Acquire A | No | No | 17.28 | 813 | 14.05 k | 41,127 |
3 Oct 24 | Peltz Matthew H. | Common Stock | Grant | Acquire A | No | No | 17.28 | 1,569 | 27.11 k | 112,334 |
3 Oct 24 | May Peter W | Common Stock | Grant | Acquire A | No | No | 17.28 | 1,757 | 30.36 k | 5,508,786 |
17 Sep 24 | Matthew P Spessard | RSU Common Stock | Grant | Acquire A | No | No | 0 | 44 | 0.00 | 4,307 |
17 Sep 24 | Matthew P Spessard | RSU Common Stock | Grant | Acquire A | No | No | 0 | 16 | 0.00 | 4,263 |
17 Sep 24 | Wendy C. Arlin | RSU Common Stock | Grant | Acquire A | No | No | 0 | 130 | 0.00 | 9,375 |
News
Peering Into Wendy's's Recent Short Interest
25 Oct 24
18 Analysts Assess Wendy's: What You Need To Know
16 Oct 24
TD Cowen Maintains Hold on Wendy's, Raises Price Target to $19
16 Oct 24
P/E Ratio Insights for Wendy's
14 Oct 24
Stephens & Co. Reiterates Equal-Weight on Wendy's, Maintains $19 Price Target
8 Oct 24
Press releases
Coach Bill Self Teams Up with Local Wendy's Restaurants to Support a Spooktacular Cause
23 Oct 24
Wendy's Drops Bone-Chillingly Fun Boo! Bag Meal, Featuring Exclusive Frosty Figure for "Kidults" and Parents
21 Oct 24
Rebel Foods opens 160th Wendy's restaurant in Bengaluru
14 Oct 24
The Wendy's Company to Report Third Quarter 2024 Results on October 31
9 Oct 24
Sip, Save, Hooray! Wendy's Is Satisfying Fans' Thirst for Refreshing Soft Drinks for Just a Dollar
8 Oct 24