secwatch.observer — SEC 8-K summary
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Issuer:     Wendy's Co (WEN)
CIK:        0000030697
Form:       8-K
Filed at:   2025-05-02T23:59:59+00:00
Accession:  0001193125-25-110586
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/30697/000119312525110586/0001193125-25-110586-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/30697/000119312525110586/d884376d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-110586

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