earnings
confidence low
sentiment positive
materiality 0.55
Wendy's Q1 2024: same-store sales accelerate, breakfast grows, margin expands; no P&L details in filing
Wendy's Co
2024-Q1 EPS reported
$0.20
revenue$534,753,000
- Global same-restaurant sales growth accelerated 120 bps on a two-year basis vs prior quarter.
- U.S. breakfast sales increased high-single digit YoY; digital sales mix reached nearly 17%.
- U.S. company-operated restaurant margin expanded 60 bps YoY.
- CEO Kirk Tanner reaffirms 2024 outlook and highlights momentum.
- Full income statement figures not provided in the available press release excerpt.