Wendy's Co 8K

The Wendy’s Company reported weaker second quarter 2026 sales and withdrew its 2026 outlook while cutting its dividend to support a new leadership-led turnaround plan.

The Wendy’s Company reported its unaudited second quarter 2026 results, showing revenue of approximately $571 million and global systemwide sales of about $3.4 billion, but with a 6.5% decline in global systemwide sales driven by an 8.2% drop in the U.S. and weaker same-restaurant sales in both U.S. and international markets. The company generated net income of $32.6 million and adjusted EBITDA of $124.1 million, with reported diluted EPS of $0.17 and adjusted EPS of $0.18, and year-to-date net cash from operating activities of $160.0 million and free cash flow of $120.3 million. Against this backdrop and under new leadership from President and CEO Bob Wright, Wendy’s withdrew its 2026 outlook and announced a reduction in its dividend to provide capital allocation flexibility to fund a comprehensive turnaround plan focused on menu value, marketing, operational excellence, digital engagement, and restaurant-driven growth.

Filing Facts

CIK

30697

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-339132

Alert Tier

7