WEN The Wendy's Co.
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 best known for itsmade-to-order square hamburgers, using fresh, never frozen beef*, freshly-prepared salads with hand-chopped lettuce, and other signature items like chili, baked potatoes and the Frosty® dessert. The Wendy’s Company (Nasdaq: WEN) is committed to doing the right thing and making a positive difference in the lives of others. This is most visible through the Company’s support of the Dave Thomas Foundation for Adoption® and its signature Wendy’s Wonderful Kids® program, which seeks to find every child in the North American foster care system a loving, forever home. Today, Wendy’s and its franchisees employ hundreds of thousands of people across more than 6,700 restaurants worldwide with a vision of becoming the world’s most thriving and beloved restaurant brand. For details on franchising, connect with us atwww.wendys.com/franchising. Visitwww.wendys.com andwww.squaredealblog.com for more information and connect with us on Twitter and Instagram using @wendys, and on Facebook atwww.facebook.com/wendys.
Company profile
Ticker
WEN
Exchange
Website
CEO
Todd A. Penegor
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Former names
Triarc Companies Inc, WENDY'S/ARBY'S GROUP, INC.
SEC CIK
Corporate docs
IRS number
380471180
Calendar
26 Feb 20
5 Apr 20
29 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|
| Revenue | 427.19M | 437.88M | 435.35M | 408.58M | |
| Net income | 26.53M | 46.13M | 32.39M | 31.89M | |
| Diluted EPS | 0.11 | 0.2 | 0.14 | 0.14 | |
| Net profit margin | 6.21% | 10.53% | 7.44% | 7.81% | |
| Operating income | 36.72M | 79.02M | 80.57M | 66.27M | |
| Net change in cash | -254.22M | 13.21M | 12.05M | 204.99M | |
| Cash on hand | 185.2M | 439.42M | 426.22M | 414.17M | |
| Cost of revenue | 151.43M | 152.43M | 151.09M | 142.58M |
| Annual (USD) | Dec 19 | Dec 14 |
|---|---|---|
| Revenue | 1.71B | 2B |
| Net income | 136.94M | 121.43M |
| Diluted EPS | 0.58 | 0.32 |
| Net profit margin | 8.01% | 6.08% |
| Operating income | 262.58M | 242.59M |
| Net change in cash | -20.46M | |
| Cash on hand | 185.2M | 205.66M |
| Cost of revenue | 597.53M | 1.36B |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|
| 31 Mar 20 | May Peter W | Common Stock | Grant | Aquire A | 15.3 | 1,650 | 25.25K | 5,448,391 |
| 31 Mar 20 | Peltz Matthew H. | Common Stock | Grant | Aquire A | 15.3 | 1,274 | 19.49K | 55,576 |
| 31 Mar 20 | Nelson Peltz | Common Stock | Grant | Aquire A | 15.3 | 1,102 | 16.86K | 9,926,203 |
| 16 Mar 20 | Levato Joseph A | RSU Common Stock | Grant | Aquire A | 0 | 54 | 0 | 144,011 |
| 16 Mar 20 | Levato Joseph A | RSU Common Stock | Grant | Aquire A | 0 | 61 | 0 | 143,957 |
| 16 Mar 20 | Levato Joseph A | RSU Common Stock | Grant | Aquire A | 0 | 64 | 0 | 143,896 |
| 16 Mar 20 | Levato Joseph A | RSU Common Stock | Grant | Aquire A | 0 | 74 | 0 | 143,832 |
| 16 Mar 20 | Pringle Abigail E. | RSU Common Stock | Grant | Aquire A | 0 | 190 | 0 | 21,589 |
| 16 Mar 20 | Levato Joseph A | RSU Common Stock | Grant | Aquire A | 0 | 91 | 0 | 143,680 |
| 16 Mar 20 | Levato Joseph A | RSU Common Stock | Grant | Aquire A | 0 | 131 | 0 | 143,589 |
Institutional ownership Q4 2019
73.2% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 343 |
| Opened positions | 55 |
| Closed positions | 48 |
| Increased positions | 99 |
| Reduced positions | 119 |
13F shares |
Current |
|---|---|
| Total value | 3.63B |
| Total shares | 163.36M |
| Total puts | 389.4K |
| Total calls | 850.92K |
| Total put/call ratio | 0.5 |
Largest owners |
Shares | Value |
|---|---|---|
| Trian Fund Management | 26.63M | $591.47M |
| Vanguard | 17.02M | $378.11M |
| BLK BlackRock | 16.81M | $373.4M |
| IVZ Invesco | 7.56M | $168M |
| JHG Janus Henderson | 5.3M | $117.77M |
| STT State Street | 4.68M | $103.85M |
| Citadel Advisors | 4.34M | $96.3M |
| Dimensional Fund Advisors | 4.14M | $92.03M |
| Two Sigma Investments | 4.03M | $89.47M |
| Two Sigma Advisers | 3.5M | $77.63M |
Financial report summary
?Competition
NPC International
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. junior Avg
|
|
New words:
absorb, accessibility, accuracy, alter, analytical, anchor, Annex, appeal, arthur, ASC, Asia, back, Boulevard, Branch, brew, burnside, campaign, cannibalize, catastrophic, category, challenging, character, chocolate, Citibank, Citigroup, coffee, cold, Colorado, compensatory, confusion, contamination, copy, creation, crew, culinary, cultural, defense, deforestation, diminishing, disaggregate, dolan, duly, DWG, EBITDA, effort, encounter, energy, Europe, European, exhibit, exit, expertise, fill, force, forced, fruit, geopolitical, gilbert, GP, Green, greenhouse, Guaranty, Guggenheim, herewith, hot, iced, implicit, index, injured, Inline, installing, Intermediary, invalid, Island, joseph, kenneth, Kingdom, kitchen, kristin, lab, Language, Latin, launch, leigh, lessor, levato, LIBOR, linking, loyalty, LP, maker, Manhattan, mathematical, matter, michelle, military, mislabeling, NaN, nongovernmental, nonlease, Nonqualified, oatmeal, omitted, organizational, outlook, Pacific, page, Parallel, passed, pattern, plant, platform, predominant, Propane, prove, Rabobank, reallocated, reallocation, recalculated, referenced, Reg, regularly, renegotiate, request, research, residual, Rhode, Roark, rothschild, run, scanning, science, SEC, sensory, short, Side, simplification, SPV, statute, strong, Swingline, talent, tampering, thereunto, Today, true, unallocated, unconditional, undersigned, unenforceable, unforeseen, unguaranteed, unregistered, unrest, upcoming, user, vanilla, vi, violence, water, wide, winkleblack, XBRL
Removed:
affordability, aggressive, aggressively, approximated, built, cardholder, closure, concept, confirmed, continually, correction, couponing, criminal, deficit, delinquent, deploy, deployed, detecting, diet, difficulty, disable, disabling, discrete, distributed, earlier, earliest, enforcement, equitable, expired, expiring, extinguishing, fat, forensic, geographically, hour, importantly, improving, injunctive, instrument, internally, investigation, Jersey, knowledge, memorandum, monetary, permanently, permitted, positioning, post, posted, preceded, professional, proper, prospectively, recruitment, relocation, remeasurement, remodeled, reportable, responsibly, salary, shifting, shown, statewide, straight, tandem, Tennessee, transitioned, unannounced, utility, verification, viability, virtually, Web, widened
Financial reports
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
10-Q
2018 Q3
Quarterly report
6 Nov 18
10-Q
2018 Q2
Quarterly report
7 Aug 18
10-Q
2018 Q1
Quarterly report
8 May 18
10-K
2017 FY
Annual report
28 Feb 18
10-Q
2017 Q3
Quarterly report
8 Nov 17
Current reports
8-K
The Wendy’s Company Provides Update ONCOVID-19 and Actions Taken
26 Mar 20
8-K
The Wendy’s Company Reports Fourth Quarter and Full Year 2019 Results
26 Feb 20
8-K
Other Events
20 Feb 20
8-K
Regulation FD Disclosure
4 Feb 20
8-K
Cost Associated with Exit or Disposal Activities
9 Dec 19
8-K
Other Events
8 Nov 19
8-K
The Wendy’s Company Reports Third Quarter 2019 Results
6 Nov 19
8-K
Results of Operations and Financial Condition
11 Oct 19
8-K
Wendy’s® Announces Plans to Launch Breakfast Across the U.S. System in 2020
9 Sep 19
8-K
The Wendy’s Company Reports Second Quarter 2019 Results
7 Aug 19
Registration and prospectus
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)
8 Jul 15
SC TO-I/A
Issuer tender offer statement (amended)
1 Jul 15
SC TO-I/A
Issuer tender offer statement (amended)
26 Jun 15
Proxies
DEFA14A
Additional proxy soliciting materials
18 Apr 19
DEF 14A
Definitive proxy
18 Apr 19
DEF 14A
Definitive proxy
20 Apr 18
DEFA14A
Additional proxy soliciting materials
20 Apr 18
DEF 14A
Definitive proxy
11 Apr 17
DEFA14A
Additional proxy soliciting materials
11 Apr 17
DEF 14A
Definitive proxy
11 Apr 16
DEFA14A
Additional proxy soliciting materials
11 Apr 16
PRE 14A
Preliminary proxy
1 Apr 16
DEF 14A
Definitive proxy
17 Apr 15
Other
UPLOAD
Letter from SEC
8 Feb 19
NO ACT
No action letter
2 Mar 17
NO ACT
No action letter
2 Mar 16
UPLOAD
Letter from SEC
23 Jan 14
CORRESP
Correspondence with SEC
21 Jan 14
UPLOAD
Letter from SEC
16 Jan 14
CORRESP
Correspondence with SEC
3 Jan 14
UPLOAD
Letter from SEC
18 Dec 13
NO ACT
No action letter
26 Feb 13
UPLOAD
Letter from SEC
7 Feb 12
Ownership
4
Wendy's / Matthew H. Peltz ownership change
1 Apr 20
4
Wendy's / PETER W MAY ownership change
1 Apr 20
4
Wendy's / NELSON PELTZ ownership change
1 Apr 20
4
Wendy's / JOSEPH A LEVATO ownership change
18 Mar 20
4
Wendy's / Abigail E. Pringle ownership change
18 Mar 20
4
Wendy's / Matthew Coley O'Brien ownership change
18 Mar 20
4
Wendy's / Kurt A Kane ownership change
18 Mar 20
4
Wendy's / Liliana Esposito ownership change
18 Mar 20
4
Wendy's / Leigh A. Burnside ownership change
18 Mar 20
4
Wendy's / Dennis M. Kass ownership change
3 Mar 20