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Wendys Co (WEN.OQ)

WEN.OQ on NASDAQ Stock Exchange Global Select Market

18.97USD
24 May 2019
Change (% chg)

$-0.04 (-0.21%)
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Open
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$18.94
Volume
344,136
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991,477
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$19.45
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$14.97

Latest Key Developments (Source: Significant Developments)

Wendys Says CEO's FY 2018 Total Compensation Was $5.6 Mln Versus $5.5 Mln In FY 2017
Thursday, 18 Apr 2019 

April 18 (Reuters) - Wendys Co ::WENDYS CO SAYS CEO TODD PENEGOR'S FY 2018 TOTAL COMPENSATION WAS $5.6 MILLION VERSUS $5.5 MILLION IN FY 2017 - SEC FILING.WENDYS CO - ESTIMATE FOR 2018, RATIO OF CEO PENEGOR’S ANNUAL TOTAL COMPENSATION TO THAT OF MEDIAN EMPLOYEE WAS APPROXIMATELY 275:1.  Full Article

Trian Fund Management Reports Open Market Sale Of 3 Million Of Wendy's Common Stock At $17.1/Share For Proceeds Of $51.3 Million
Thursday, 7 Mar 2019 

March 7 (Reuters) - TRIAN FUND MANAGEMENT LP::TRIAN FUND MANAGEMENT REPORTS OPEN MARKET SALE OF 3 MILLION OF WENDY'S COMMON STOCK AT $17.11/SHARE FOR PROCEEDS OF $51.3 MILLION - SEC FILING.  Full Article

Wendys Co QTRLY Adjusted Earnings Per Share $0.16
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - Wendys Co ::THE WENDY'S COMPANY REPORTS PRELIMINARY 2018 RESULTS; ANNOUNCES 2019 OUTLOOK AND NEW 2020 GOALS.QTRLY ADJUSTED EARNINGS PER SHARE $0.16.QTRLY REPORTED DILUTED EARNINGS PER SHARE $0.08.QTRLY TOTAL REVENUES $397.8 MILLION VERSUS $383.9 MILLION.Q4 EARNINGS PER SHARE VIEW $0.15, REVENUE VIEW $400.0 MILLION -- REFINITIV IBES DATA.DIRECTORS AUTHORIZED AN 18% INCREASE IN QUARTERLY DIVIDEND RATE AND APPROVES A NEW $225 MILLION SHARE REPURCHASE PROGRAM.COMPANY TO INVEST AN INCREMENTAL $25 MILLION ON DIGITAL INITIATIVES IN 2019.SEES 2019 GLOBAL SYSTEMWIDE SALES GROWTH OF APPROXIMATELY 3.0 TO 4.0 PERCENT.SEES 2019 FREE CASH FLOW OF APPROXIMATELY $210 TO $220 MILLION.SEES 2019 CAPITAL EXPENDITURES OF APPROXIMATELY $75 MILLION TO $80 MILLION.COMPANY ISSUES NEW 2020 GOALS OF GLOBAL SYSTEMWIDE SALES OF APPROXIMATELY $11.5 BILLION.QTRLY NORTH AMERICA SAME-RESTAURANT SALES GROWTH UP 0.2%.COMPANY ISSUES NEW 2020 GOALS OF FREE CASH FLOW OF APPROXIMATELY $275 MILLION.DURING 2019, COMPANY EXPECTS ADJUSTED EARNINGS PER SHARE GROWTH OF APPROXIMATELY 3.5 TO 7.0 PERCENT.IN 2019, COMPANY WILL ADOPT NEW LEASE ACCOUNTING STANDARD (ASC 842).EXPECTS THAT NEW LEASE ACCOUNTING STANDARD WILL HAVE A MATERIAL IMPACT ON ITS CONSOLIDATED BALANCE SHEET UPON ADOPTION.WENDYS - EXPECTS TO RECOGNIZE ADDITIONAL OPERATING LEASE LIABILITIES OF ABOUT $1.0 BILLION BASED ON PRESENT VALUE OF REMAINING LEASE PAYMENTS.  Full Article

The Wendy's Company Announces Settlement Agreement With Financial Institutions
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Wendys Co ::THE WENDY'S COMPANY ANNOUNCES SETTLEMENT AGREEMENT WITH FINANCIAL INSTITUTIONS.CO, FRANCHISEES WILL RECEIVE A FULL RELEASE OF ALL CLAIMS THAT HAVE OR COULD HAVE BEEN BROUGHT BY FINANCIAL INSTITUTIONS.FINANCIAL INSTITUTIONS WILL RECEIVE $50 MILLION, INCLUSIVE OF ATTORNEYS' FEES AND COSTS.AFTER EXHAUSTION OF APPLICABLE INSURANCE, COMPANY EXPECTS TO PAY APPROXIMATELY $27.5 MILLION OF TOTAL AMOUNT.PROPOSED SETTLEMENT AGREEMENT IS SUBJECT TO COURT APPROVAL AND, IF APPROVED, COMPANY ANTICIPATES THAT PAYMENT WILL NOT OCCUR UNTIL LATE 2019.SETTLEMENT IS REGARDING CLASS ACTION LAWSUITS BROUGHT BY FINANCIAL INSTITUTIONS AGAINST COMPANY RELATED TO CRIMINAL CYBERATTACKS.  Full Article

Wendys Co Files For Potential Mixed Shelf Offering Size Not Disclosed
Friday, 21 Dec 2018 

Dec 21 (Reuters) - Wendys Co ::WENDYS CO FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

The Wendy's Company Reports Q3 Adj Earnings Per Share $0.17
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - Wendys Co ::THE WENDY'S COMPANY REPORTS THIRD QUARTER 2018 RESULTS.SEES FY 2018 ADJUSTED EARNINGS PER SHARE ABOUT $0.56 TO $0.58.QTRLY ADJUSTED EARNINGS PER SHARE $0.17.QTRLY REPORTED DILUTED EARNINGS PER SHARE $1.60.SEES 2018 COMPANY-OPERATED RESTAURANT MARGIN COMPANY-OPERATED RESTAURANT MARGIN OF APPROXIMATELY 16.0 TO 16.5 PERCENT.WENDYS - QTRLY REVENUE $400.6 MILLION VERSUS $391.3 MILLION.Q3 EARNINGS PER SHARE VIEW $0.15, REVENUE VIEW $405.4 MILLION -- THOMSON REUTERS I/B/E/S.QTRLY NORTH AMERICA SAME-RESTAURANT SALES GROWTH DOWN 0.2%.DURING 2018, COMPANY NOW EXPECTS NORTH AMERICA SAME-RESTAURANT SALES GROWTH OF APPROXIMATELY 1.0 PERCENT.DURING 2018, COMPANY NOW EXPECTS ADJUSTED EARNINGS PER SHARE OF APPROXIMATELY $0.56 TO $0.58.BOARD OF DIRECTORS APPROVES $120 MILLION INCREASE IN SHARE REPURCHASE AUTHORIZATION.SEES 2018 CAPITAL EXPENDITURES OF APPROXIMATELY $70 TO $75 MILLION.NOW EXPECTS THAT APPROXIMATELY 130 FRANCHISE FLIPS WILL BE COMPLETED IN 2018.SEES 2018 COMPANY-OPERATED RESTAURANT MARGIN OF APPROXIMATELY 16.0 TO 16.5 PERCENT.  Full Article

The Wendy's Company Reports Second Quarter 2018 Results
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - Wendys Co ::THE WENDY'S COMPANY REPORTS SECOND QUARTER 2018 RESULTS.QTRLY REPORTED DILUTED EARNINGS PER SHARE $0.12.QTRLY ADJUSTED EARNINGS PER SHARE $0.14.QTRLY NORTH AMERICA SAME-RESTAURANT SALES INCREASE 1.9%.COMPANY REMAINS ON TARGET TO ACHIEVE ALL 2018 FINANCIAL GUIDANCE.QTRLY REPORTED DILUTED EARNINGS PER SHARE $0.12.QTRLY TOTAL REVENUES $411 MILLION VERSUS $395.4 MILLION.CONTINUES TO EXPECT THAT ABOUT 200 FRANCHISE FLIPS WILL BE COMPLETED IN 2018.ON TRACK TO ACHIEVE 2020 GOALS.CONTINUES TO EXPECT NORTH AMERICA SAME-RESTAURANT SALES GROWTH OF APPROXIMATELY 2.0 TO 2.5 PERCENT IN 2018.CONTINUES TO EXPECT 2018 ADJUSTED EARNINGS PER SHARE OF APPROXIMATELY $0.55 TO $0.57.CONTINUES TO EXPECT 2018 CASH FLOWS FROM OPERATIONS OF ABOUT $295 TO $320 MILLION.CONTINUES TO EXPECT 2018 CAPITAL EXPENDITURES OF ABOUT $75 TO $80 MILLION.36 GLOBAL RESTAURANT OPENINGS DURING Q2 OF 2018.CONTINUES TO EXPECT GLOBAL RESTAURANT COUNT OF ABOUT 7,250 BY END OF 2020.NOW EXPECTS 2018 GLOBAL NET NEW UNIT GROWTH OF ABOUT 1.5 PERCENT.Q2 EARNINGS PER SHARE VIEW $0.16, REVENUE VIEW $407.7 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $0.56 -- THOMSON REUTERS I/B/E/S.  Full Article

Wendy's, Papa John's Deal Talks Not Ongoing - CNBC, Citing Sources
Thursday, 19 Jul 2018 

July 19 (Reuters) - :WENDY'S, PAPA JOHN'S DEAL TALKS NOT ONGOING - CNBC, CITING SOURCES.  Full Article

Papa John's Founder Recently Held Merger Talks With Wendy's - WSJ, Citing Sources
Wednesday, 18 Jul 2018 

July 18 (Reuters) - :PAPA JOHN'S FOUNDER RECENTLY HELD MERGER TALKS WITH WENDY'S; TALKS COOLED AFTER JOHN SCHNATTER STEPPED DOWN AS CHAIRMAN - WSJ, CITING SOURCES.  Full Article

Wendys Announced A 2020 Goal Of Opening More Than 600 New Restaurants
Friday, 20 Apr 2018 

April 21 (Reuters) - Wendys Co ::WENDYS CO - ANNOUNCED A 2020 GOAL OF OPENING MORE THAN 600 NEW RESTAURANTS.  Full Article

DoorDash valued at $12.6 bln after latest funding round

May 23 Food delivery company DoorDash said on Thursday it raised $600 million in its latest round of funding, valuing the California-based startup at $12.6 billion.