Market Summary
USD22.23+0.03
Market Closed0.14%
WEN Alerts
WEN Stock Price
WEN RSI Chart
WEN Valuation
WEN Price/Sales (Trailing)
WEN Profitability
WEN Fundamentals
WEN Revenue
WEN Earnings
Price Action
52 Week Range
17.0323.90
(Low)(High)
Last 7 days
-0.6%
Last 30 days
0.6%
Last 90 days
0.1%
Trailing 12 Months
18.7%
WEN Financial Health
WEN Investor Care
Peers (Alternatives to Wendys)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MCD | 212.6B | 23.4B | -3.66% | 15.68% | 34.42 | 9.17 | -1.47% | -3.33% |
SBUX | 112.3B | 34.0B | -14.47% | 30.29% | 31.58 | 3.3 | 8.52% | -19.36% |
CMG | 57.2B | 9.0B | 0.18% | 47.69% | 55.42 | 6.37 | 14.78% | 50.90% |
YUM | 39.0B | 6.9B | -9.10% | 7.71% | 31.81 | 5.62 | 4.44% | -25.61% |
DRI | 19.5B | 10.3B | 5.56% | 29.76% | 20.53 | 1.89 | 10.91% | -8.76% |
| MID-CAP | ||||||||
ARMK | 10.3B | 17.7B | 13.54% | 15.08% | 41.68 | 0.58 | 23.57% | 68.31% |
TXRH | 7.2B | 4.0B | -2.51% | 34.26% | 26.77 | 1.8 | 15.91% | 10.00% |
WING | 6.0B | 390.0M | 0.63% | 158.11% | 100.68 | 15.47 | 35.42% | 57.02% |
WEN | 4.7B | 2.1B | 0.59% | 18.65% | 26.18 | 2.2 | 10.92% | -8.47% |
SHAK | 2.2B | 900.5M | 18.83% | 33.60% | -90.07 | 2.41 | 21.70% | -178.35% |
| SMALL-CAP | ||||||||
PLAY | 1.6B | 2.0B | -9.25% | -16.29% | 11.36 | 0.79 | 50.64% | 26.23% |
BJRI | 702.3M | 1.3B | -8.27% | 12.47% | 115.19 | 0.53 | 14.11% | 512.76% |
RUTH | 686.3M | 505.9M | 32.67% | 16.09% | 17.77 | 1.36 | 17.88% | -8.64% |
CHUY | 658.0M | 434.2M | 4.10% | 59.53% | 27.93 | 1.52 | 6.10% | -18.87% |
DENN | 631.0M | 470.8M | -0.18% | 7.29% | 11.81 | 1.34 | 11.91% | -30.35% |
Financials for Wendys
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 1.9% | 2,136 | 2,096 | 2,032 | 1,970 | 1,925 |
| S&GA Expenses | 0.0% | 255 | 255 | 251 | 251 | 253 |
| Costs and Expenses | 1.8% | 1,773 | 1,742 | 1,686 | 1,642 | 1,567 |
| EBITDA | 2.7% | 499 | 486 | 462 | 471 | - |
| EBITDA Margin | -0.4% | 0.24* | 0.24* | 0.23* | 0.24* | - |
| Earnings Before Taxes | 1.8% | 248 | 244 | 236 | 222 | 237 |
| EBT Margin | -0.1% | 0.12* | 0.12* | 0.11* | 0.12* | - |
| Interest Expenses | 4.4% | 128 | 122 | 117 | 111 | 107 |
| Net Income | 1.4% | 180 | 177 | 188 | 179 | 196 |
| Net Income Margin | -8.6% | 0.08* | 0.09* | 0.09* | 0.10* | - |
| Free Cahsflow | 3.2% | 260 | 252 | 285 | 281 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | -1.7% | 5,408 | 5,499 | 5,525 | 5,516 | 5,563 |
| Current Assets | -5.2% | 1,003 | 1,058 | 1,095 | 1,044 | 1,080 |
| Cash Equivalents | -0.7% | 741 | 746 | 732 | 701 | 741 |
| Inventory | -9.5% | 6.00 | 7.00 | 7.00 | 6.00 | 6.00 |
| Net PPE | -1.2% | 885 | 896 | 882 | 890 | 896 |
| Goodwill | 0.0% | 773 | 773 | 773 | 775 | 776 |
| Liabilities | -0.9% | 4,988 | 5,034 | 5,088 | 5,093 | 5,109 |
| Current Liabilities | 3.0% | 400 | 388 | 418 | 399 | 408 |
| LT Debt, Current | 0% | 29.00 | 29.00 | 29.00 | 29.00 | 29.00 |
| LT Debt, Non Current | -1.3% | 2,786 | 2,822 | 2,827 | 2,833 | 2,837 |
| Shareholder's Equity | -9.9% | 420 | 466 | 437 | 423 | 455 |
| Retained Earnings | -3.2% | 401 | 415 | 400 | 376 | 355 |
| Additional Paid-In Capital | 0.1% | 2,941 | 2,938 | 2,930 | 2,927 | 2,922 |
| Shares Outstanding | -0.7% | 212 | 213 | 213 | 213 | 215 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | 12.3% | 292 | 260 | 252 | 285 | 281 |
| Share Based Compensation | -7.1% | 23.00 | 25.00 | 23.00 | 23.00 | 23.00 |
| Cashflow From Investing | 1.3% | -76.79 | -77.78 | -215 | -215 | -162 |
| Cashflow From Financing | -202.7% | -296 | 289 | 139 | 91.00 | 302 |
| Dividend Payments | 24.5% | 133 | 107 | 106 | 106 | 102 |
| Buy Backs | 70.7% | 89.00 | 52.00 | 195 | 237 | 213 |
Risks for WEN
What is the probability of a big loss on WEN?
39.6%
Probability that Wendys stock will be more than 20% underwater in next one year
32.3%
Probability that Wendys stock will be more than 30% underwater in next one year.
19.2%
Probability that Wendys stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does WEN drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Wendys was unfortunately bought at previous high price.
Drawdowns
Returns for WEN
Cumulative Returns on WEN
16.2%
10-Year Cumulative Returns
13.4%
7-Year Cumulative Returns
8.2%
5-Year Cumulative Returns
2.6%
3-Year Cumulative Returns
What are the long-term rolling returns for WEN?
FIve years rolling returns for Wendys.
Annualized Returns
Which funds bought or sold WEN recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-26 | ProShare Advisors LLC | reduced | -6.4 | -24,300 | 220,806 | -% |
2023-05-25 | Legato Capital Management LLC | reduced | -0.09 | -32,639 | 816,031 | 0.15% |
2023-05-22 | PUTNAM INVESTMENTS LLC | reduced | -11.45 | -237,229 | 1,367,870 | -% |
2023-05-22 | AMERIPRISE FINANCIAL INC | added | 57.1 | 2,665,390 | 7,869,390 | -% |
2023-05-18 | JPMORGAN CHASE & CO | added | 2.44 | -1,868,570 | 130,447,000 | 0.02% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | added | 0.01 | -164,000 | 4,221,000 | 0.01% |
2023-05-17 | Advisory Services Network, LLC | added | 159 | 97,313 | 162,263 | -% |
2023-05-17 | Thrivent Financial for Lutherans | added | 281 | 2,750,000 | 3,777,000 | 0.01% |
2023-05-16 | FORT PITT CAPITAL GROUP, LLC | new | - | 968,382 | 968,382 | 0.04% |
2023-05-16 | Thomas J. Herzfeld Advisors, Inc. | new | - | 915 | 915 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
WEN Alerts
Wendys News
Schedule 13G FIlings of Wendys
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Mar 03, 2023 | trian fund management, l.p. | 17.68% | 5 | SC 13D/A | |
| Feb 09, 2023 | vanguard group inc | 8.64% | 18,405,437 | SC 13G/A | |
| Feb 08, 2023 | massachusetts financial services co /ma/ | 5.4% | 11,433,642 | SC 13G/A | |
| Jan 31, 2023 | blackrock inc. | 7.2% | 15,356,422 | SC 13G/A | |
| Jan 13, 2023 | trian fund management, l.p. | 19.35% | 5 | SC 13D/A | |
| May 24, 2022 | trian fund management, l.p. | 19.24% | 5 | SC 13D/A | |
| Feb 10, 2022 | vanguard group inc | 7.94% | 17,523,076 | SC 13G/A | |
| Feb 02, 2022 | massachusetts financial services co /ma/ | 5.2% | 11,580,273 | SC 13G | |
| Feb 01, 2022 | blackrock inc. | 7.1% | 15,754,251 | SC 13G | |
| Feb 10, 2021 | vanguard group inc | 7.77% | 17,404,961 | SC 13G/A |
Recent SEC filings of Wendys
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 24, 2023 | 4 | Insider Trading | |
| May 24, 2023 | 4 | Insider Trading | |
| May 24, 2023 | 4 | Insider Trading | |
| May 22, 2023 | 144 | Notice of Insider Sale Intent | |
| May 18, 2023 | 4 | Insider Trading | |
| May 18, 2023 | 4 | Insider Trading | |
| May 18, 2023 | 4 | Insider Trading | |
| May 18, 2023 | 4 | Insider Trading | |
| May 18, 2023 | 4 | Insider Trading | |
| May 18, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for WEN
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-22 | Peltz Matthew H. | sold | -12,035,500 | 22.7335 | -529,417 | - |
2023-05-22 | MAY PETER W | sold | -12,035,500 | 22.7335 | -529,417 | - |
2023-05-22 | PELTZ NELSON | sold | -12,035,500 | 22.7335 | -529,417 | - |
2023-05-16 | Peltz Matthew H. | acquired | - | - | 6,601 | - |
2023-05-16 | Mathews-Spradlin Mich J | acquired | - | - | 6,601 | - |
2023-05-16 | LEVATO JOSEPH A | acquired | - | - | 6,601 | - |
2023-05-16 | Gomez Richard H. | acquired | - | - | 6,601 | - |
2023-05-16 | Rothschild Peter | acquired | - | - | 6,601 | - |
2023-05-16 | MAY PETER W | acquired | - | - | 6,601 | - |
2023-05-16 | PELTZ NELSON | acquired | - | - | 6,601 | - |
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.
WEN Income Statement
2023-04-02Condensed Consolidated Statements of Operations - USD ($) $ in Thousands | 3 Months Ended | |
|---|---|---|
Apr. 02, 2023 | Apr. 03, 2022 | |
| Revenues: | ||
| Franchise rental income | $ 57,807 | $ 57,871 |
| Revenues | 528,807 | 488,643 |
| Costs and expenses: | ||
| Cost of sales | 196,536 | 185,053 |
| Franchise support and other costs | 13,260 | 11,816 |
| Franchise rental expense | 30,629 | 28,936 |
| Advertising funds expense | 101,661 | 97,800 |
| General and administrative | 62,276 | 62,346 |
| Depreciation and amortization (exclusive of amortization of cloud computing arrangements shown separately below) | 33,472 | 33,231 |
| Amortization of cloud computing arrangements | 1,582 | 0 |
| System optimization gains, net | (5) | (3,534) |
| Reorganization and realignment costs | 6,808 | 464 |
| Impairment of long-lived assets | 376 | 616 |
| Other operating income, net | (2,266) | (2,966) |
| Costs and expenses | 444,329 | 413,762 |
| Operating profit | 84,478 | 74,881 |
| Interest expense, net | (31,705) | (26,365) |
| Loss on early extinguishment of debt | (1,266) | 0 |
| Investment (loss) income, net | (3,562) | 2,111 |
| Other income, net | 7,336 | 207 |
| Income before income taxes | 55,281 | 50,834 |
| Provision for income taxes | (15,460) | (13,432) |
| Net income | $ 39,821 | $ 37,402 |
| Net income per share: | ||
| Basic | $ 0.19 | $ 0.17 |
| Diluted | $ 0.19 | $ 0.17 |
| Sales | ||
| Revenues: | ||
| Revenue from Contract with Customer, Excluding Assessed Tax | $ 227,949 | $ 209,275 |
| Franchise royalty revenue and fees | ||
| Revenues: | ||
| Revenue from Contract with Customer, Excluding Assessed Tax | 141,677 | 128,976 |
| Advertising funds revenue | ||
| Revenues: | ||
| Revenue from Contract with Customer, Excluding Assessed Tax | $ 101,374 | $ 92,521 |
WEN Balance Sheet
2023-04-02Condensed Consolidated Balance Sheets - USD ($) shares in Thousands, $ in Thousands | Apr. 02, 2023 | Jan. 01, 2023 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 676,469 | $ 745,889 |
| Restricted cash | 36,348 | 35,203 |
| Accounts and notes receivable, net | 136,343 | 116,426 |
| Inventories | 6,452 | 7,129 |
| Prepaid expenses and other current assets | 29,952 | 26,963 |
| Advertising funds restricted assets | 117,839 | 126,673 |
| Total current assets | 1,003,403 | 1,058,283 |
| Properties | 885,089 | 895,778 |
| Finance lease assets | 229,736 | 234,570 |
| Operating lease assets | 741,258 | 754,498 |
| Goodwill | 773,095 | 773,088 |
| Other intangible assets | 1,239,572 | 1,248,800 |
| Investments | 42,082 | 46,028 |
| Net investment in sales-type and direct financing leases | 314,763 | 317,337 |
| Other assets | 179,030 | 170,962 |
| Total assets | 5,408,028 | 5,499,344 |
| Current liabilities: | ||
| Current portion of long-term debt | 29,250 | 29,250 |
| Current portion of finance lease liabilities | 18,744 | 18,316 |
| Current portion of operating lease liabilities | 48,754 | 48,120 |
| Accounts payable | 45,338 | 43,996 |
| Accrued expenses and other current liabilities | 133,848 | 116,010 |
| Advertising funds restricted liabilities | 123,597 | 132,307 |
| Total current liabilities | 399,531 | 387,999 |
| Long-term debt | 2,786,493 | 2,822,196 |
| Long-term finance lease liabilities | 567,849 | 571,877 |
| Long-term operating lease liabilities | 777,395 | 792,051 |
| Deferred income taxes | 272,553 | 270,421 |
| Deferred franchise fees | 88,161 | 90,231 |
| Other liabilities | 96,489 | 98,849 |
| Total liabilities | 4,988,471 | 5,033,624 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Common stock, $0.10 par value; 1,500,000 shares authorized; 470,424 shares issued; 211,701 and 213,101 shares outstanding, respectively | 47,042 | 47,042 |
| Additional paid-in capital | 2,941,138 | 2,937,885 |
| Retained earnings | 401,445 | 414,749 |
| Common stock held in treasury, at cost; 258,723 and 257,323 shares, respectively | (2,906,050) | (2,869,780) |
| Accumulated other comprehensive loss | (64,018) | (64,176) |
| Total stockholders’ equity | 419,557 | 465,720 |
| Total liabilities and stockholders’ equity | $ 5,408,028 | $ 5,499,344 |
| Common Stock, Par Value | $ 0.10 | $ 0.10 |
| Common Stock, Shares Authorized | 1,500,000 | 1,500,000 |
| Common Stock, Shares Issued | 470,424 | 470,424 |
| Common Stock, Shares Outstanding | 211,701 | 213,101 |
| Treasury Stock, Shares | 258,723 | 257,323 |