The Wendy's Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy's U.S., Wendy's International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of January 2, 2022, it operated approximately 403 company-operated restaurants; 5,535 franchised restaurants in the United States; and 1,006 franchised restaurants internationally. The company also owns and leases real estate properties. It owns 485 and leases 1,235 properties, which are leased or subleased to franchisees. The company was formerly known as Wendy's/Arby's Group, Inc. and changed its name to The Wendy's Company in July 2011. The Wendy's Company was founded in 1969 and is headquartered in Dublin, Ohio.

The Wendy's Company

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Gross Profit

Adjusted Net Income

Net Revenue

Net Income

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Wendy’s U.S. Segment Profit

Wendy’s U.S. Segment Profit % Chg.

Wendy’s U.S. Segment Profit Common Size

Wendy’s International Segment Profit

Wendy’s International Segment Profit % Chg.

Wendy’s International Segment Profit Common Size

Global Real Estate and Development Segment Profit

Global Real Estate and Development Segment Profit % Chg.

Global Real Estate and Development Segment Profit Common Size

Other EBT

Other EBT % Chg.

Other EBT Common Size

Total EBT

Total EBT Common Size

Total EBT % Chg.

U.S. Company Operated Restaurants

U.S. Company Operated Restaurants % Chg.

U.S. Franchised Restaurants

U.S. Franchised Restaurants % Chg.

International Company Operated Restaurants

International Company Operated Restaurants % Chg.

International Franchised Restaurants

International Franchised Restaurants % Chg.

Total Systemwide Restaurants

Total Systemwide Restaurants % Chg.

U.S. Systemwide Sales

U.S. Systemwide Sales % Chg.

International Systemwide Sales

International Systemwide Sales % Chg.

Global Systemwide Sales

Global Systemwide Sales % Chg.

U.S. Systemwide Average Unit Volume

U.S. Systemwide Average Unit Volume % Chg.

International Systemwide Average Unit Volume

International Systemwide Average Unit Volume % Chg.

Global Systemwide Average Unit Volume

Global Systemwide Average Unit Volume % Chg.

U.S. Same-Restaurant Sales Growth

U.S. Same-Restaurant Sales Growth % Chg.

International Same-Restaurant Sales Growth

International Same-Restaurant Sales Growth % Chg.

Global Same-Restaurant Sales Growth

Global Same-Restaurant Sales Growth % Chg.

Key Performance Indicators

Wendy’s U.S. Revenue

Wendy’s U.S. Revenue % Chg.

Wendy’s U.S. Revenue Common Size

Wendy’s International Revenue

Wendy’s International Revenue % Chg.

Wendy’s International Revenue Common Size

Global Real Estate and Development Revenue

Global Real Estate and Development Revenue % Chg.

Global Real Estate and Development Revenue Common Size

Total Revenue

Total Revenue Common Size

Total Revenue % Chg.

Sales at Company-Operated Restaurants

Sales at Company-Operated Restaurants % Chg.

Sales at Company-Operated Restaurants Common Size

Franchise Royalty Revenue

Franchise Royalty Revenue % Chg.

Franchise Royalty Revenue Common Size

Franchise Fees Revenue

Franchise Fees Revenue % Chg.

Franchise Fees Revenue Common Size

Total Franchise Royalty and Fees Revenue

Total Franchise Royalty and Fees Revenue % Chg.

Total Franchise Royalty and Fees Revenue Common Size

Franchise Rental Income

Franchise Rental Income % Chg.

Franchise Rental Income Common Size

Advertising Funds Revenue

Advertising Funds Revenue % Chg.

Advertising Funds Revenue Common Size

Other Revenue

Other Revenue Common Size

Revenue	LTM	Dec '24	Dec '23
Wendy’s U.S. Revenue	1,817.8	1,859.7	1,815.8
Wendy’s International Revenue	151.4	144.7	130.5
Global Real Estate and Development Revenue	239	242.1	235.2
Total Revenue	2,208.2	2,246.5	2,181.6

Revenue	LTM	Dec '24	Dec '23
Sales at Company-Operated Restaurants	918.3	925.9	930.1
Franchise Royalty Revenue	515.5	528.4	512.2
Franchise Fees Revenue	105.9	97.6	80.2
Total Franchise Royalty and Fees Revenue	621.4	626	592.3
Franchise Rental Income	234.8	236.5	230.2
Advertising Funds Revenue	433.7	458.1	429
Other Revenue	—	—	—
Total Revenue	2,208.2	2,246.5	2,181.6

EBT	LTM	Dec '24	Dec '23
Wendy’s U.S. Segment Profit	515.1	526	528.4
Wendy’s International Segment Profit	44.6	43.3	35.7
Global Real Estate and Development Segment Profit	108.6	108.6	103.5
Other EBT	-241.1	-235.7	-234.8
Total EBT	427.2	442.1	432.7

Key Performance Indicators	LTM	Dec '24	Dec '23
U.S. Company Operated Restaurants	421	381	403
U.S. Franchised Restaurants	5,558	5,552	5,627
International Company Operated Restaurants	14	13	12
International Franchised Restaurants	1,370	1,294	1,198
Total Systemwide Restaurants	7,363	7,240	7,240
U.S. Systemwide Sales	12,230.6	12,553.8	12,285.3
International Systemwide Sales	2,031	1,933.6	1,802.4
Global Systemwide Sales	14,261.6	14,487.4	14,087.7
U.S. Systemwide Average Unit Volume	—	2.1	2.1
International Systemwide Average Unit Volume	—	1.6	1.6
Global Systemwide Average Unit Volume	—	2	2
U.S. Same-Restaurant Sales Growth	—	1.4%	3.7%
International Same-Restaurant Sales Growth	—	2.8%	8.1%
Global Same-Restaurant Sales Growth	—	1.5%	4.3%