Business
THE WENDY'S COMPANY REPORTS FIRST QUARTER 2025 RESULTS
Global systemwide sales were $3.4 billion, a decrease of 1.1%Added 68 net new restaurants and remain on track to deliver full-year net unit growth of
About this update from Wendy's Company (the)
[{"type":"text","content":"Global systemwide sales were $3.4 billion, a decrease of 1.1%Added 68 net new restaurants and remain on track to deliver full-year net unit growth of 2-3%Increased global digital sales mix to a record 20.3%Returned $173.5 million to shareholders through dividends and share repurchasesUpdates full-year 2025 outlook to reflect the current consumer environmentDUBLIN, Ohio, May 2, 2025 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) today reported unaudited results for the first quarter ended March 30, 2025.\n\n \n \n \n \n \n \n\n \n\"We continued to deliver for our customers during the first quarter. In the U.S. we held both traffic and dollar share in a challenging consumer environment, and in our International business we grew systemwide sales by 8.9%,\" said Kirk Tanner, President and Chief Executive Officer. \"Importantly, we made progress on the strategic priorities we laid out at our investor day: providing fresh, famous food, delivering an exceptional customer experience, and accelerating global net unit growth. This included implementing a new field structure to better support franchisees and adding 68 net new restaurants across the globe.\"\n\"Looking ahead, we remain focused on these strategic priorities which will position Wendy's to win in the market and drive long-term growth across our global system of restaurants.\"\nOperational Highlights\nFirst Quarter 2024\nFirst Quarter 2025\nUS\nIntl\nGlobal\nUS\nIntl\nGlobal\nSystemwide Sales Growth(1) (2)\n1.7 %\n8.8 %\n2.6 %\n(2.6) %\n8.9 %\n(1.1) %\nSame-Restaurant Sales Growth(1) (2)\n0.6 %\n3.2 %\n0.9 %\n(2.8) %\n2.3 %\n(2.1) %\nSystemwide Sales (In US$ Millions) (2) (3)\n$2,994.0\n$454.0\n$3,448.0\n$2,916.1\n$473.2\n$3,389.3\nRestaurant Openings - Total / Net\n18 / (2)\n17 / 10\n35 / 8\n28 / 25\n46 / 43\n74 / 68\nQuarter End Restaurant Count\n6,028\n1,220\n7,248\n5,958\n1,350\n7,308\n(1) Systemwide sales growth and same-restaurant sales growth are calculated on a constant currency basis and include sales by bothCompany-operated and franchise restaurants.\n(2) Excludes Argentina.\n(3) Systemwide sales include sales at both Company-operated and franchise restaurants.\n \nFinancial Highlights\nFirst Quarter\n2024\n2025\nB / (W)\n($ In Millions Except Per Share Amounts)\n(Unaudited)\nTotal Revenues\n$ 534.8\n$ 523.5\n(2.1) %\nAdjusted Revenues(1)\n$ 429.8\n$ 423.1\n(1.6) %...