{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-049816","form_type":"8-K","ticker":"WEN","cik":"0000030697","company_name":"Wendy's Co","filed_at":"2026-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.332239+00:00","generated_at":"2026-05-16T02:51:18.435706+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 Q4 global systemwide sales fall 8.3%; net income drops to $26.5M","bullets":["Global systemwide sales $3.4B (-8.3% Q4); full year $14.0B (-3.5%).","Reported net income $26.5M vs $47.5M Q4 2024; adjusted EPS $0.16 vs $0.25.","U.S. same-restaurant sales -11.3% Q4; company-operated restaurant margin 12.7% vs 16.5%.","International systemwide sales grew 6.2% Q4; added 157 net new restaurants in 2025.","Full year free cash flow $205.4M; returned $329.6M to shareholders via dividends and buybacks."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-049816","json":"https://secwatch.observer/filing/0001193125-26-049816.json","markdown":"https://secwatch.observer/filing/0001193125-26-049816.md","text":"https://secwatch.observer/filing/0001193125-26-049816.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/30697/000119312526049816/0001193125-26-049816-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/30697/000119312526049816/d81721d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:51:18.435706+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"}