{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-339132","form_type":"8-K","ticker":"WEN","cik":"0000030697","company_name":"Wendy's Co","filed_at":"2026-08-07T11:06:14+00:00","discovered_at":"2026-08-07T11:10:00.428870+00:00","generated_at":"2026-08-07T11:10:14.802483+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Wendy's Q2 net income down 41% to $0.17/sh; withdraws 2026 outlook, cuts dividend","bullets":["Q2 revenue $570.6M; global systemwide sales down 6.5% to $3.42B on 8.2% US decline; US comps -7.0%","Net income $32.6M vs $55.1M (-40.8%); adjusted EPS $0.18 vs $0.29; adjusted EBITDA $124.1M, down 15.4%","Company withdraws 2026 outlook and reduces dividend to fund turnaround under returning CEO Bob Wright","US company-operated restaurant margin fell 240bps to 13.8%; net restaurant closures of 71 in Q2, 217 YTD","First-half free cash flow $120.3M, up 9.9%; G&A up 11.3% to $66.2M in Q2"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-339132","json":"https://secwatch.observer/filing/0001193125-26-339132.json","markdown":"https://secwatch.observer/filing/0001193125-26-339132.md","text":"https://secwatch.observer/filing/0001193125-26-339132.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/30697/000119312526339132/0001193125-26-339132-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/30697/000119312526339132/d130352d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-07T11:10:14.802483+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}