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The Wendy's Company logo

The Wendy's Company

WEN

NASDAQConsumer CyclicalRestaurants

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Previous close

$9.01

+$0.20 · +2.27%

Aug 21, 4:00 PM ET

WEN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

90

Deep Value

Momentum

36

Weakening

Sentiment

68

Bullish

Risk resilience

49

Elevated Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

The Wendy's Company, together with its subsidiaries, engages in the operation, development, and franchising of a system of quick-service restaurants in the United States and internationally. The company operates through the Wendy’s U.S., Wendy’s International, and Global Real Estate & Development segments. Its restaurants offer a menu that includes hamburger sandwiches and chicken sandwiches; chicken tenders and nuggets, chili, french fries, baked potatoes, salads, soft drinks, Frosty desserts, and kids’ meals; breakfast menu, including the Breakfast Baconator sandwich and seasoned products; and a variety of promotional products on a limited time basis. The company also owns and leases real estate properties. As of December 28, 2025, there were 5,969 Wendy’s restaurants in operation in the United States and 1,428 Wendy’s restaurants in operation in 38 foreign countries and U.S. territories. 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.

Industry
Restaurants
Sector
Consumer Cyclical
Headquarters
US
CEO
Robert D. Wright
Listed since
May 6, 1980
Employees
14,900

Market position

Day range

Current $9.01

52-week range

Current $9.01

Open
$8.85
Previous close
$8.81
Volume
5.56M
0.36× average
Average volume
15.26M
Average daily volume
Market cap
1.72B USD
Beta
0.38
Market reference 1
50-day average
$7.6808
+17.31% above average
200-day average
$7.7054
+16.93% above average

Financials

Financial snapshot

Latest / TTM

Financial health

Altman Z-score
1.08
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends38%27%16%5%Gross margin, FY2021: 28.29%Gross margin, FY2022: 34.40%Gross margin, FY2023: 35.59%Gross margin, FY2024: 35.17%Gross margin, FY2025: 26.87%Operating margin, FY2021: 19.34%Operating margin, FY2022: 16.86%Operating margin, FY2023: 17.51%Operating margin, FY2024: 16.53%Operating margin, FY2025: 15.27%Net margin, FY2021: 10.56%Net margin, FY2022: 8.46%Net margin, FY2023: 9.37%Net margin, FY2024: 8.65%Net margin, FY2025: 7.58%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 28.29%. Gross margin FY2022 34.40%. Gross margin FY2023 35.59%. Gross margin FY2024 35.17%. Gross margin FY2025 26.87%. Operating margin FY2021 19.34%. Operating margin FY2022 16.86%. Operating margin FY2023 17.51%. Operating margin FY2024 16.53%. Operating margin FY2025 15.27%. Net margin FY2021 10.56%. Net margin FY2022 8.46%. Net margin FY2023 9.37%. Net margin FY2024 8.65%. Net margin FY2025 7.58%.

Income trends

Revenue

2.18B USD-3.10%

Operating income

332.32M USD-10.51%

Net income

165.08M USD-15.07%
Income trends across reported periods2.45B USD1.62B USD789.5M USD−43.07M USDRevenue, FY2021: 1.9B USDRevenue, FY2022: 2.1B USDRevenue, FY2023: 2.18B USDRevenue, FY2024: 2.25B USDRevenue, FY2025: 2.18B USDOperating income, FY2021: 366.96M USDOperating income, FY2022: 353.31M USDOperating income, FY2023: 381.98M USDOperating income, FY2024: 371.36M USDOperating income, FY2025: 332.32M USDNet income, FY2021: 200.39M USDNet income, FY2022: 177.37M USDNet income, FY2023: 204.44M USDNet income, FY2024: 194.36M USDNet income, FY2025: 165.08M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.9B USD. Revenue FY2022 2.1B USD. Revenue FY2023 2.18B USD. Revenue FY2024 2.25B USD. Revenue FY2025 2.18B USD. Operating income FY2021 366.96M USD. Operating income FY2022 353.31M USD. Operating income FY2023 381.98M USD. Operating income FY2024 371.36M USD. Operating income FY2025 332.32M USD. Net income FY2021 200.39M USD. Net income FY2022 177.37M USD. Net income FY2023 204.44M USD. Net income FY2024 194.36M USD. Net income FY2025 165.08M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.18B USD2.25B USD2.18B USD2.1B USD1.9B USD
Cost of goods sold1.59B USD1.46B USD1.41B USD1.37B USD1.36B USD
Gross profit585M USD790.01M USD776.47M USD720.76M USD536.66M USD
Selling, general, and administrative252.68M USD255.21M USD249.96M USD254.98M USD81.4M USD
Operating expenses252.68M USD418.65M USD394.48M USD367.44M USD169.7M USD
Interest income1.72M USD————
Interest expense126.47M USD123.88M USD124.06M USD122.32M USD109.19M USD
Depreciation and amortization170.87M USD157.94M USD148.57M USD135.81M USD125.54M USD
Operating income332.32M USD371.36M USD381.98M USD353.31M USD366.96M USD
Net income165.08M USD194.36M USD204.44M USD177.37M USD200.39M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 2 misses, 2 met estimates
Average EPS surprise
+7.74%
11 comparable reports
Latest EPS result
0.18
Estimate 0.16 · Beat by 10.50%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.330.250.170.09Q1 '25BeatQ2 '25MetQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 0.25, estimate 0.24, surprise +4.17%, Beat. Q2 2025, reported May 2, 2025: actual 0.2, estimate 0.2, surprise 0.00%, Met estimate. Q3 2025, reported Aug 8, 2025: actual 0.29, estimate 0.25, surprise +16.00%, Beat. Q4 2025, reported Nov 7, 2025: actual 0.24, estimate 0.195, surprise +22.95%, Beat. Q1 2026, reported Feb 13, 2026: actual 0.16, estimate 0.14, surprise +14.29%, Beat. Q2 2026, reported May 8, 2026: actual 0.12, estimate 0.1, surprise +20.00%, Beat. Q3 2026, reported Aug 7, 2026: actual 0.18, estimate 0.163, surprise +10.50%, Beat. Q4 2026, reported Nov 6, 2026: actual —, estimate 0.11, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates597.24M563.18M529.12M495.06MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 574.27M USD, estimate 562.57M USD, surprise +2.08%, Beat. Q2 2025, reported May 2, 2025: actual 523.47M USD, estimate 525.38M USD, surprise -0.36%, Miss. Q3 2025, reported Aug 8, 2025: actual 560.93M USD, estimate 558.05M USD, surprise +0.52%, Beat. Q4 2025, reported Nov 7, 2025: actual 549.52M USD, estimate 534.73M USD, surprise +2.76%, Beat. Q1 2026, reported Feb 13, 2026: actual 542.97M USD, estimate 537.19M USD, surprise +1.08%, Beat. Q2 2026, reported May 8, 2026: actual 540.64M USD, estimate 518.03M USD, surprise +4.36%, Beat. Q3 2026, reported Aug 7, 2026: actual 570.57M USD, estimate 557.14M USD, surprise +2.41%, Beat. Q4 2026, reported Nov 6, 2026: actual —, estimate 535.28M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$7.58

15.87% downside
Past 12 months12-month forecastHigh $12.00Average $7.58Low $5.50

WEN news

zacks.com

Wendy's Traffic Falls 12.5%: Can Its 5-Point Reset Revive Demand?

WEN's U.S. traffic falls 12.5% as its five-point reset targets menu value, branding, execution, digital engagement and restaurant economics.

Read source
247wallst.com

Wendy's Jumps 5% on Nelson Peltz Take-Private Report, COO Role Revival

Shares of Wendy's (NASDAQ:WEN | WEN Price Prediction) are up 5% to $8.88 in midday trading Wednesday after reports that Nelson Peltz's Trian Fund Management is assembling a consortium to take the company private.

Read source
seekingalpha.com

Wendy's: A Takeover Potentially The Best Outcome For Stakeholders

Wendy's is a live take-out candidate, with Trian Partners, Flynn Group, and BlueFive Capital forming a buyout consortium. WEN's US sales and operating cash flows are declining, but its real estate holdings and low 3.8%…

Read source
schaeffersresearch.com

Wendy's Stock is Flashing Multiple Bearish Signals

Fast-food giant Wendy's (NASDAQ:WEN) was last seen down 1% at $8.53, extending its pullback from $9.

Read source
marketbeat.com

Wendy's Deal Buzz May Give Fast-Food Investors a New Reason to Look

Wendy's TodayWENWendy's$8.44 -0.18 (-2.03%) As of 12:05 PM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$6.07▼$10.84Dividend Yield6.63%P/E Ratio12.73Price Target$7.76Add to…

Read source
fool.com

A Wendy's Insider's Shares Vested as Peltz Weighs a Buyout. Is the Stock a Buy?

This automatic tax withholding tied to RSU vesting reduced Min's direct holdings by 27%, though he retains 39,059 shares and close to 100,000 derivative units.

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.67

2025 complete year+55.8% since 2021

2026 partial: $0.28

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 1, 2026

$0.07

Quarterly

Record Sep 1, 2026 · Payment Sep 15, 2026

Dividend

Ex-dividend Jun 1, 2026

$0.14

Quarterly

Record Jun 1, 2026 · Payment Jun 15, 2026

Dividend

Ex-dividend Mar 2, 2026

$0.14

Quarterly

Record Mar 2, 2026 · Payment Mar 16, 2026

Dividend

Ex-dividend Dec 1, 2025

$0.14

Quarterly

Record Dec 1, 2025 · Payment Dec 15, 2025

Dividend

Ex-dividend Sep 2, 2025

$0.14

Quarterly

Record Sep 2, 2025 · Payment Sep 16, 2025

Dividend

Ex-dividend Jun 2, 2025

$0.14

Quarterly

Record Jun 2, 2025 · Payment Jun 16, 2025

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ETFs holding WEN

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core S&P Small-Cap ETF logoiShares Core S&P Small-Cap ETFIJR
Market value
82.96M
Weight
0.07%
AUM
111.19B USD
Expense ratio
0.06%
Price / 1D
$147.31+0.64%
Schwab U.S. Dividend Equity ETF logoSchwab U.S. Dividend Equity ETFSCHD
Market value
37.9M
Weight
0.03%
AUM
112B USD
Expense ratio
0.06%
Price / 1D
$35.11+0.80%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
36.58M
Weight
0.05%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
35.71M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
25.78M
Weight
0.01%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Small-Cap Value ETF logoVanguard Morningstar Small-Cap Value ETFVBR
Market value
16.38M
Weight
0.02%
AUM
68.3B USD
Expense ratio
0.05%
Price / 1D
$249.18+0.68%
Schwab Fundamental U.S. Small Company Index ETF logoSchwab Fundamental U.S. Small Company Index ETFFNDA
Market value
14M
Weight
0.15%
AUM
9.26B USD
Expense ratio
0.25%
Price / 1D
$37.73+0.75%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
13.44M
Weight
0.01%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%

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