Wendy's Q3 revenue $549.5M, net income $44.3M; U.S. same-store sales down 4.7%

Wendy's Co

2025-Q3 EPS reported $0.71 revenue$1,633,917,000

Adjusted revenue $442.5M (-0.2% YoY); adjusted EPS $0.24 (-4.0% YoY); reported EPS $0.23.
U.S. same-restaurant sales fell 4.7%; international same-restaurant sales grew 3.0%.
Adjusted EBITDA up 2.1% to $138.0M; free cash flow outlook raised by ~$35M at midpoint.
Opened 54 new restaurants in Q3; total additions 172 YTD; international systemwide sales +8.6%.
Interim CEO Ken Cook announced 'Project Fresh' turnaround plan for U.S. operations.

item 2.02 item 9.01 item 5.03

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Wendy's Co: Amended By-Laws to update procedures for stockholder action by written consent, eliminate stockholder list examination requirement, make Senior Vice Chair and Vice Chair roles optional, and make technical changes (effective 2025-11-05).

Change: bylaw amendment
Effective: 2025-11-05

Exact text from the filing

On November 5, 2025, the Board of Directors (the “Board”) of the Company, upon the recommendation of the Board’s Nominating and Governance Committee, approved and adopted amendments to the Company’s By-Laws

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89 governance changes filed in the last 30 days. Browse all governance changes →

Wendy's Co filing history →

Source: SEC EDGAR

accession 0001193125-25-271014

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