Wendy's Q1 net income down 42% to $22.7M; U.S. same-restaurant sales -7.8%

Wendy's Co

2026-Q1 EPS reported $0.12 revenue$540,637,000

Reported diluted EPS $0.12, adjusted EPS $0.12; net income fell to $22.7M from $39.2M a year ago.
Global systemwide sales $3.2B down 5.5%; U.S. same-restaurant sales declined 7.8%.
International systemwide sales grew 6.0%; signed franchise agreement for up to 1,000 restaurants in China over 10 years.
U.S. company-operated restaurant margin declined 340bps to 11.4%; adjusted EBITDA down 10.6% to $111.3M.
Free cash flow $36.5M, down 46.3%; full-year 2026 outlook reaffirmed.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Wendy's Co reported the fiscal quarter ended March 29, 2026 results: net income $22.7 million, EPS $0.12. Guidance reaffirmed.

Period: the fiscal quarter ended March 29, 2026
Net income: $22.7 million
EPS: $0.12
Guidance: reaffirmed
Result: reported results

Exact text from the filing

COMPANY REPORTS FIRST QUARTER 2026 RESULTS • Global systemwide sales were $3.2 billion, a decrease of 5.5% • International systemwide sales grew 6.0% • Reported net income was $22.7 million and adjusted EBITDA was $111.3 million • Reported diluted earnings per share and adjusted earnings per share were $0.12 • Entered into a franchise agreement to build up to 1,000

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Source: SEC EDGAR

accession 0001193125-26-213270

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