WEN Wendy`s
Wendy's® was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise, "Quality is Our Recipe®," which remains the guidepost of the Wendy's system. Wendy's is primarily engaged in the business of operating, developing and franchising a system of distinctive quick-service restaurants serving high quality food. The Wendy's Company is committed to doing the right thing and making a positive difference in the lives of others. Today, Wendy's and its franchisees operate more than 6,800 restaurants worldwide with a vision of becoming the world's most thriving and beloved restaurant brand.
Company profile
Ticker
WEN
Exchange
Website
CEO
Todd Penegor
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
TRIARC COMPANIES INC, WENDY'S/ARBY'S GROUP, INC.
SEC CIK
Corporate docs
IRS number
380471180
WEN stock data
()
News
Benzinga's Top Ratings Upgrades, Downgrades For July 27, 2021
27 Jul 21
Guggenheim Initiates Coverage On Wendy's with Buy Rating, Announces Price Target of $26
27 Jul 21
Investor Relations CEO Says IR Will Never Be the Same at Most Recent Virtual Investor Conference
21 Jul 21
Understanding Wendy's's Unusual Options Activity
14 Jul 21
Analyzing Wendy's's Unusual Options Activity
12 Jul 21
Press releases
Wendy's Heats Up Summer with National Launch of All-New Ghost Pepper Ranch Sauce
19 Jul 21
The Wendy's Company to Report Second Quarter 2021 Results on August 11
14 Jul 21
Good Morning, Providence! Wendy's Invites Locals to #DitchTheDonut and a Chance to Win Wendy's Breakfast for a Year*
12 Jul 21
Wendy's Brings the Heat with New Made to Crave Spicy Black Bean Burger
24 Jun 21
Wendy's® Expands Partnership With Adult Swim On Hit Series Rick And Morty
15 Jun 21
Calendar
12 May 21
28 Jul 21
2 Jan 22
Financial summary
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Apr 21 | Jan 21 | Sep 20 | Jun 20 | |
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Annual (USD) |
Jan 21 | Dec 19 | Dec 18 | Dec 17 | |
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| Diluted EPS |
Financial data from Wendy`s earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 408.15M | 408.15M | 408.15M | 408.15M | 408.15M | 408.15M |
| Cash burn (monthly) | 3.36M | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) |
| Cash used (since last report) | 12.73M | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 395.42M | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 117.5 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 8 Jul 21 | May Peter W | Common Stock | Grant | Aquire A | No | No | 23.82 | 1,268 | 30.2K | 5,465,233 |
| 8 Jul 21 | Nelson Peltz | Common Stock | Grant | Aquire A | No | No | 23.82 | 1,077 | 25.65K | 9,941,300 |
| 8 Jul 21 | Peltz Matthew H. | Common Stock | Grant | Aquire A | No | No | 23.82 | 1,027 | 24.46K | 71,194 |
| 8 Jul 21 | Mathews-Spradlin Mich J | Common Stock | Grant | Aquire A | No | No | 23.82 | 1,137 | 27.08K | 53,110 |
| 15 Jun 21 | Peltz Matthew H. | Common Stock | Grant | Aquire A | No | No | 23.76 | 84 | 2K | 70,167 |
Institutional ownership Q1 2021
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
72.3% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 315 |
| Opened positions | 37 |
| Closed positions | 45 |
| Increased positions | 89 |
| Reduced positions | 128 |
13F shares |
Current |
|---|---|
| Total value | 3.24B |
| Total shares | 160.07M |
| Total puts | 401.6K |
| Total calls | 483.2K |
| Total put/call ratio | 0.8 |
Largest owners |
Shares | Value |
|---|---|---|
| Trian Fund Management | 26.63M | $539.54M |
| BLK Blackrock | 19.27M | $390.33M |
| Vanguard | 16.62M | $336.68M |
| JPM JPMorgan Chase & Co. | 7.28M | $147.41M |
| Arrowstreet Capital, Limited Partnership | 5.43M | $109.96M |
| Massachusetts Financial Services | 4.95M | $100.25M |
| STT State Street | 4.35M | $88.07M |
| JHG Janus Henderson | 4.24M | $85.99M |
| Dimensional Fund Advisors | 3.62M | $73.25M |
| Two Sigma Advisers | 3.38M | $68.44M |
Financial report summary
?Management Discussion
- •Revenue increased 13.6% to $460.2 million in the first quarter of 2021 compared to $405.0 million in the first quarter of 2020;
- •Global same-restaurant sales increased 13.0%, U.S. same-restaurant sales increased 13.5% and international same-restaurant sales increased 7.9%;
- •Company-operated restaurant margin was 17.0% in the first quarter of 2021, an increase of 690 basis points; and
Content analysis
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| Legalese | ||
| Litigous | ||
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H.S. sophomore Avg
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New words:
app, apparent, Cab, Chairman, deposit, director, double, escrow, exclusive, expanding, expire, family, Flynn, footprint, FRG, gain, grow, guarantor, half, highlight, hiring, Kingdom, loyalty, Matthew, meaningful, mediation, misuse, Nelson, Peltz, perception, perspective, Peter, poor, prequalified, prospective, relying, reputation, settled, supplemental, understand, Vice, Yellow
Removed:
abated, abating, accrue, aggregated, Aid, allocated, alternative, amendment, annualized, annually, assignment, assistant, assumed, avoid, balance, case, challenging, collateral, collectability, collecting, comply, conduit, confidence, construction, contact, continuously, contracting, contractual, contractually, coverage, crew, cybersecurity, decline, defer, deferral, delayed, delinquent, depending, deployment, depreciated, determined, develop, discontinued, disease, disrupt, disrupted, distributor, district, Dollar, downturn, eligible, eliminating, emergency, enactment, enhanced, entry, evolving, exacerbated, excellence, execution, exercising, extended, extending, FASB, filing, finalized, flexibility, fluctuation, focused, frequently, fulfill, governmental, hourly, identifiable, identified, iii, impacting, impaired, implemented, improvement, inception, indenture, index, India, Indonesia, innovation, insolvency, institute, intangible, interbank, internationally, issuance, iv, lack, large, lead, leave, led, LIBOR, likelihood, line, loan, London, longer, lost, manner, manufacturing, marketability, mitigated, mitigation, mobility, moderate, monthly, negative, negatively, negotiated, nominal, nonperformance, notice, nutritional, objective, obligor, offered, overnight, past, payroll, performed, periodically, permitted, personal, point, positively, precautionary, prevailing, prevented, protective, provisional, public, publicity, QIP, quarantine, recommended, recourse, recoverability, refinancing, refund, Relief, reluctant, remain, removing, renegotiate, rent, repayment, reserve, retaining, return, review, revised, sanitation, seasonality, Security, sensitive, shipping, short, sick, significantly, simplification, simplify, spread, staffing, statement, step, strength, suitable, Supplementary, supplier, technical, temporary, test, tested, testing, trade, transition, transmitted, treating, unable, unamortized, uncertain, unit, unprecedented, unrealized, utilization, Visit, vulnerability, wage, work, workforce, worldwide, worsen
Financial reports
10-Q
2021 Q1
Quarterly report
12 May 21
10-K
2020 FY
Annual report
3 Mar 21
10-Q
2020 Q3
Quarterly report
4 Nov 20
10-Q
2020 Q2
Quarterly report
5 Aug 20
10-Q
2020 Q1
Quarterly report
6 May 20
10-K
2019 FY
Annual report
26 Feb 20
10-Q
2019 Q3
Quarterly report
6 Nov 19
10-Q
2019 Q2
Quarterly report
7 Aug 19
10-Q
2019 Q1
Quarterly report
8 May 19
10-K
2018 FY
Annual report
27 Feb 19
Current reports
8-K
Other Events
28 Jun 21
8-K
Entry into a Material Definitive Agreement
23 Jun 21
8-K
Entry into a Material Definitive Agreement
16 Jun 21
8-K
The Wendy’s Company Announces Refinancing Transaction
9 Jun 21
8-K
Submission of Matters to a Vote of Security Holders
19 May 21
8-K
The Wendy’s Company Reports First Quarter 2021 Results
12 May 21
8-K
The Wendy’s Company Reports Fourth Quarter and Full Year 2020 Results
3 Mar 21
8-K
Regulation FD Disclosure
7 Jan 21
8-K
Regulation FD Disclosure
19 Nov 20
8-K
The Wendy’s Company Reports Third Quarter 2020 Results
4 Nov 20
Registration and prospectus
S-8 POS
Registration of securities for employees (post-effective amendment)
27 May 20
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jan 20
S-3ASR
Automatic shelf registration
21 Dec 18
SC TO-I/A
Issuer tender offer statement (amended)
7 Jul 15
SC TO-I/A
Issuer tender offer statement (amended)
30 Jun 15
Proxies
PX14A6G
Letter to shareholders
20 Apr 21
DEFA14A
Additional proxy soliciting materials
1 Apr 21
DEF 14A
Definitive proxy
1 Apr 21
DEFA14A
Additional proxy soliciting materials
9 Apr 20
DEF 14A
Definitive proxy
9 Apr 20
DEFA14A
Additional proxy soliciting materials
18 Apr 19
DEF 14A
Definitive proxy
18 Apr 19
DEF 14A
Definitive proxy
19 Apr 18
DEFA14A
Additional proxy soliciting materials
19 Apr 18
DEF 14A
Definitive proxy
10 Apr 17
Other
UPLOAD
Letter from SEC
7 Feb 19
NO ACT
No action letter
1 Mar 17
NO ACT
No action letter
1 Mar 16
UPLOAD
Letter from SEC
22 Jan 14
CORRESP
Correspondence with SEC
20 Jan 14
UPLOAD
Letter from SEC
15 Jan 14
CORRESP
Correspondence with SEC
2 Jan 14
UPLOAD
Letter from SEC
17 Dec 13
NO ACT
No action letter
25 Feb 13
UPLOAD
Letter from SEC
6 Feb 12
Ownership
4
Wendy's / Mich J Mathews-Spradlin ownership change
9 Jul 21
4
Wendy's / Matthew H. Peltz ownership change
9 Jul 21
4
Wendy's / PETER W MAY ownership change
9 Jul 21
4
Wendy's / NELSON PELTZ ownership change
9 Jul 21
4
Wendy's / Kurt A Kane ownership change
17 Jun 21
4
Wendy's / Abigail E. Pringle ownership change
17 Jun 21
4
Wendy's / JOHN KEVIN VASCONI ownership change
17 Jun 21
4
Wendy's / Liliana Esposito ownership change
17 Jun 21
4
Wendy's / JOSEPH A LEVATO ownership change
17 Jun 21
4
Wendy's / Matthew H. Peltz ownership change
15 Jun 21
Transcripts
2021 Q1
Earnings call transcript
12 May 21
2020 Q4
Earnings call transcript
3 Mar 21
2020 Q3
Earnings call transcript
4 Nov 20
2020 Q2
Earnings call transcript
5 Aug 20
2020 Q1
Earnings call transcript
6 May 20
2019 Q4
Earnings call transcript
26 Feb 20
2019 Q3
Earnings call transcript
6 Nov 19
2019 Q2
Earnings call transcript
7 Aug 19
2019 Q1
Earnings call transcript
8 May 19
2018 Q4
Earnings call transcript
21 Feb 19
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