Wendy's Company (the) · NASDAQ:WEN
Wendy's Company (the) — Wendy's/Arby's Group — Investor Day (January 2011)
34 slides from Wendy's Company (the)'s investor day presentation, Jan 27, 2011
Slide 1: Investor Day
Investor Day The Lighthouse at Chelsea Piers January 27, 2011
Slide 2: Welcome
Welcome John Barker Chief Communications Officer
Slide 3: Forward-Looking Statements and Non-GAAP Financial Measures
This presentation, and certain information that management may discuss in connection with this presentation, may contain statements that are not historical facts, including, importantly, information concerning possible or assumed future results of our operations. Those statements constitute “forward
Slide 4: Agenda
Agenda Corporate Overview Roland Smith Financial Overview Steve Hare Wendy’s Overview David Karam Wendy’s Operations Steve Farrar Wendy’s Marketing Ken Calwell Wendy’s Breakfast Update David Karam & Steve Farrar Wendy’s Franchisee Health & Development David Karam International Overview Darrell van L
Slide 5: Corporate Overview
Corporate Overview Roland Smith President and Chief Executive Officer
Slide 6: Maximize Value For Stockholders
Maximize Value For Stockholders
Slide 7: THe) |Best
THe) |Best you |can ‘Sp fend!
Slide 8: Growth Initiatives
— Introducing exciting, new products — Expanding dayparts - especially breakfast — Modernizing our facilities — Pursuing global expansion — Using balance sheet and free cash flow to grow business — Continuing dividends and share repurchases Growth Initiatives
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Slide 14: Growing Wendy's
Growing Wendy’s More than 6,500 restaurants Key driver of shareholder return Highest-quality food in QSR
Slide 15: Re-engineered our brand positioning
— Re-engineered our brand positioning — Rebuilt our product development processes — Improved restaurant-level operations — Reduced overhead costs — Significantly improved store-level profitability — Positioned brand for long-term financial success
Slide 16: Formula for Growing EBITDA
Formula for Growing EBITDA… Drive more sales over our fixed cost base
Slide 17: $1.4 million in average unit volumes
$1.4 million in average unit volumes
Slide 18: Restaurant-level margin improvement
Has Generated… 320 basis point improvement in restaurant-level margins over the past 2 years
Slide 19: Brand Positioning
Brand Positioning
Slide 20: Choice In
Choice In
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Slide 24: Wendy's New Breakfast
$150,000 AUVs Wendy’s New Breakfast $150,000 AUVs
Slide 25: 1,000 restaurants serving breakfast by end of 2011
— Expect 1,000 company and franchise restaurants serving breakfast by end of 2011
Slide 26: Fresh Made Breakfast
FRESH MADE jes BREAKFAST |. ‘ Teen mw Tple:
Slide 27: 8,000 store opportunity
8,000 store opportunity 8,000 store opportunity
Slide 28: Newest International Franchise Development Agreement
50 stores in Argentina Desarollo y Gestion (D&G) Companies in retail and food sectors Significant experience in Argentina — — 50 stores in Argentina — — Desarollo y Gestion (D&G) ‒ ‒ Companies in retail and food sectors ‒ ‒ Significant experience in Argentina Newest International Franchise Developme
Slide 29: Pursuing Major Opportunities in Japan, Brazil & China
a Pursuing Major Opportunities in Japan, Brazil & China af ef i: Me W Vers ARBY'S GROUP
Slide 30: Wendy's/Arby's International
WENDY’S/ARBY’S INTERNATIONAL \ Wes
Slide 31: North America - Store Growth
~6,000 store base North America - Store Growth 1,000 new stores
Slide 32: Arby's Group
ARBY'S GROUP V Wwenpys
Slide 33: Financial Outlook - 2011
Financial Outlook - 2011 — Transition year ‒ Explore sale of Arby’s ‒ Reduce corporate G&A to support single brand ‒ Invest in Wendy’s growth
Slide 34: Financial Outlook - Longer Term
Financial Outlook - Longer Term Average annual EBITDA growth of 10-15%, beginning in 2012