Wendy's reaffirms 2022 outlook, postpones Investor Day from June 9

Wendy's Co

Global systemwide sales growth reaffirmed at 6-8%; adjusted EBITDA $490-505M; adjusted EPS $0.82-0.86.
Q1 2022 momentum: double-digit 2-year global same-restaurant sales, over 90 new restaurants opened.
Digital business now over 10% of total sales; morning meal share growing in QSR burger category.
Virtual Investor Day originally set for June 9, 2022 postponed to a later date; no new date given.

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