earnings
confidence low
sentiment positive
materiality 0.50
Wendy's posts FY2021 breakthrough results: double-digit same-store sales, margin expansion, 200+ openings
Wendy's Co
2021-FY EPS reported
$0.89
revenue$1,896,998,000
- CEO Todd Penegor says 2021 was a breakthrough year with double-digit global same-restaurant sales growth on a one- and two-year basis.
- Company restaurant margins expanded by nearly 200 basis points year-over-year.
- Over 200 new restaurants opened globally, highlighting brand strength and system alignment.
- 2022 priorities: significantly building breakfast daypart, accelerating digital business, and expanding global footprint.
- No EPS or revenue figures provided in this excerpt of the earnings release.