WENWendy's Co
Earnings Recap
• Reported GAAP EPS of $0.14 down -39.13% YoY • Reported revenue of $542.97M down -5.45% YoY • Wendy's anticipates 2026 global systemwide sales growth to be approximately flat, with adjusted EBITDA between $460 million and $480 million, and adjusted earnings per share from $0.56 to $0.60.
Bullish
Wendy's international systemwide sales grew 6.2% in Q4, adding 157 net new restaurants for the full year. The company also returned $329.6 million to shareholders and is progressing with its Project Fresh turnaround plan.
Bearish
Wendy's experienced an 8.3% decline in Q4 global systemwide sales, driven by lower U.S. same-restaurant sales and decreased operating profit. U.S. restaurant margin was pressured by traffic declines, commodity, and labor inflation.