---
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"
generated_at: "2026-05-14T21:15:09.449723+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-213270
- JSON: https://secwatch.observer/filing/0001193125-26-213270.json
- Plain text: https://secwatch.observer/filing/0001193125-26-213270.txt

## Key facts
- Earnings Releases
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/30697/000119312526213270/0001193125-26-213270-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.