---
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"
generated_at: "2026-08-07T11:10:14.802483+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Wendy's Q2 net income down 41% to $0.17/sh; withdraws 2026 outlook, cuts dividend

## Summary
- 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

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-339132
- JSON: https://secwatch.observer/filing/0001193125-26-339132.json
- Plain text: https://secwatch.observer/filing/0001193125-26-339132.txt

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