SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549


                                     FORM 8-K

                                  CURRENT REPORT
                    PURSUANT TO SECTION 13 OR 15 (d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934


       Date of report (Date of earliest event reported) October 23, 1997



                                TRIARC COMPANIES, INC.
              (Exact Name of Registrant as Specified in Charter)



Delaware                     1-2207                          38-0471180
- ---------------           ------------                   -------------------
(State or other           (Commission                      (IRS Employer
jurisdiction of           File Number)                   Identification No.)
incorporation)


               280 Park Avenue
               New York, New York                                10017
               ----------------------------------------          ----------
               (Address of Principal Executive Offices)          (Zip Code)

              Registrant's telephone number, including area code: (212) 451-3000





                        ---------------------------------------------
                              (Former Name or Former Address, if
                                  Changed Since Last Report)

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Item 5.        Other Events.

        On October 23, 1997, the Registrant  issued a press release with respect
to its results of operations  for the third quarter of 1997. A copy of the press
release is being filed herewith as an exhibit hereto and is incorporated  herein
by reference.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits

        (c)  Exhibits

        99.1   Press release dated October 23, 1997

        Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                            TRIARC COMPANIES, INC.




Date:  October 24, 1997                     By:    BRIAN L. SCHORR
                                                   ----------------------------
                                                   Brian L. Schorr
                                                   Executive Vice President
                                                   and General Counsel




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                                  Exhibit Index


Exhibit
No.            Description                                       Page No.
- --------       --------------                                    --------

99.1           Press release dated October 23, 1997       








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