Wendy's Q2 2023: U.S. restaurant margin up 200 bps, 80 global openings YTD

Wendy's Co

2023-Q2 EPS reported $0.46 revenue$1,090,372,000

CEO cites strong same-restaurant sales and profit growth; breakfast and late-night dayparts deliver outsized growth.
U.S. Company-operated restaurant margin increased over 200 basis points year-over-year.
80 global restaurant openings year-to-date; digital momentum continues.
Company updated equity award agreements to provide continued vesting upon qualified retirement (age 60+10 years service).

item 2.02 item 9.01 item 5.02

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.8

Wendy's Co reported financial results for second quarter ended July 2, 2023.

Period: second quarter ended July 2, 2023
Result: reported results

Exact text from the filing

On August 9, 2023, The Wendy’s Company (the “Company”) issued a press release reporting its financial results for the fiscal quarter ended July 2, 2023 and other information.

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Source: SEC EDGAR

accession 0001193125-23-206773

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