{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-110586","form_type":"8-K","ticker":"WEN","cik":"0000030697","company_name":"Wendy's Co","filed_at":"2025-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.890812+00:00","generated_at":"2026-05-22T23:15:14.473676+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Wendy's Q1: global same-restaurant sales -2.1%, adj EPS $0.20, cuts FY outlook","bullets":["Global systemwide sales $3.4B (-1.1% YoY); same-restaurant sales -2.1% (U.S. -2.8%, Intl +2.3%).","Reported diluted EPS $0.19 vs $0.20; adjusted EPS $0.20 vs $0.23; Adj EBITDA $124.5M (-2.6%).","Added 68 net new restaurants (74 total openings); on track for 2-3% full-year net unit growth.","Company updates full-year 2025 outlook 'to reflect the current consumer environment' (implied downward).","Returned $173.5M to shareholders via dividends and buybacks; digital sales mix record 20.3%."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-110586","json":"https://secwatch.observer/filing/0001193125-25-110586.json","markdown":"https://secwatch.observer/filing/0001193125-25-110586.md","text":"https://secwatch.observer/filing/0001193125-25-110586.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/30697/000119312525110586/0001193125-25-110586-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/30697/000119312525110586/d884376d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T23:15:14.473676+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}