Wendy's responds to Trian amended 13D; reaffirms Project Fresh turnaround

Wendy's Co

Trian Fund Management filed an amended Schedule 13D on February 18, 2026.
Wendy's Board will evaluate any proposal from Trian consistent with fiduciary duties.
Company executing Project Fresh turnaround to strengthen U.S. business and drive international growth.
Management expresses confidence in long-term success with iconic brand and franchisees.

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