earnings
confidence low
sentiment positive
materiality 0.55
Wendy's reports Q4/FY2023 results; CEO cites 13th year of same-restaurant sales growth, nearly 250 new restaurants
Wendy's Co
2023-FY EPS reported
$0.97
revenue$2,181,578,000
- CEO Kirk Tanner: 2023 marked 13th straight year of global same-restaurant sales growth.
- Nearly 250 new restaurants opened globally in 2023, supporting growth.
- U.S. Company-operated restaurant margin expanded to pre-COVID levels.
- Digital sales accelerated; system delivered strong profit and cash flow growth.
- Full financial results unavailable in provided excerpt; see full press release.