{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-213270","form_type":"8-K","ticker":"WEN","cik":"0000030697","company_name":"Wendy's Co","filed_at":"2026-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.542993+00:00","generated_at":"2026-05-14T21:15:09.449723+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Wendy's Q1 net income down 42% to $22.7M; U.S. same-restaurant sales -7.8%","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-213270","json":"https://secwatch.observer/filing/0001193125-26-213270.json","markdown":"https://secwatch.observer/filing/0001193125-26-213270.md","text":"https://secwatch.observer/filing/0001193125-26-213270.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/30697/000119312526213270/0001193125-26-213270-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/30697/000119312526213270/d70702d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T21:15:09.449723+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":[{"claim_id":"061ed1c29eb161d486d1fab254cd29d01faae330","claim":"Wendy's Co reported the fiscal quarter ended March 29, 2026 results: net income $22.7 million, EPS $0.12. Guidance reaffirmed.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/30697/000119312526213270/0001193125-26-213270-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended March 29, 2026"},{"label":"Net income","value":"$22.7 million"},{"label":"EPS","value":"$0.12"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}