secwatch.observer — SEC 8-K summary
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Issuer:     Wendy's Co (WEN)
CIK:        0000030697
Form:       8-K
Filed at:   2026-02-13T23:59:59+00:00
Accession:  0001193125-26-049816
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wendy's Q4 global systemwide sales fall 8.3%; net income drops to $26.5M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/30697/000119312526049816/0001193125-26-049816-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/30697/000119312526049816/d81721d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-049816

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