secwatch.observer — SEC 8-K summary
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Issuer:     Wendy's Co (WEN)
CIK:        0000030697
Form:       8-K
Filed at:   2025-11-07T23:59:59+00:00
Accession:  0001193125-25-271014
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01, 5.03
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/30697/000119312525271014/0001193125-25-271014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/30697/000119312525271014/d94107d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-271014

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