---
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"
generated_at: "2026-05-22T23:15:14.473676+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Wendy's Q1: global same-restaurant sales -2.1%, adj EPS $0.20, cuts FY outlook

## Summary
- 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%.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-110586
- JSON: https://secwatch.observer/filing/0001193125-25-110586.json
- Plain text: https://secwatch.observer/filing/0001193125-25-110586.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.