The Wendy’s Company – Company Information
The Wendy’s Company is one of the leading fast-food chain corporations in the world. It is based in Dublin, Ohio, USA.
The company operates the hamburger fast food chain “Wendy’s”, the cinnamon roll chain “T.J. Cinnamons”, and is a minority owner of the Arby’s sandwich chain.
The first Wendy’s restaurant opened in 1969 in Columbus, Ohio
The Wendy’s Company currently operates 6,500 franchise and Company restaurants in the U.S. and 27 other countries and U.S. territories worldwide.
The company used to be Wendy’s/Arby’s Group Inc until it sold its majority stake in the Arby’s chain to Roark Capital Group in 2011 – becoming a minority owner – and changing its name to The Wendy’s Company.
The Wendy’s Company publicly trades shares on the NASDAQ stock exchange under the symbol “WEN”.
The Wendy’s Company – Company Overview
- CEO and President: Emil Brolick
- Chairman: Nelson Peltz
- Industry: Restaurants
- Type: Public
- Listed on NASDAQ
- Stock symbol: WEN
- Total revenues: $2.4874 billion USD (2013)
- Net income: $45.5 million USD (2013)
- Headquarters: 1 Dave Thomas Blvd, Dublin, Ohio, USA
- Employees: 42,800 (approximately)
- Website: http://www.aboutwendys.com/
- Over 40,000 locations
The Wendy’s Company – Financial Results
|Key figures (in millions of USD except for share data)||2013||2012|
|Net income (loss) attributable to The Wendy’s Company||$45.5||$7.1|
|Cash and equivalents at end of year||$573||$776|
|Earnings per share – basic (in USD)||$0.12||$0.02|
|Earnings per share – diluted (in USD)||$0.11||$0.02|
President and Chief Executive Officer Emil Brolick commented on The Wendy’s Company’s strategic and financial progress in 2013:
“During the past year, we accelerated the Wendy’s® brand transformation with Image Activation, enhanced our Company-operated restaurant portfolio through System Optimization and introduced several successful new products while building our product pipeline.”
“These efforts resulted in 2013 North America Company-operated same-restaurant sales growth of 1.9 percent and record average annual sales of $1.51 million at North America Company-operated restaurants. Most importantly, the progress we’ve made with our various initiatives has positioned the Wendy’s brand for further growth in 2014, as we expect to nearly double the pace of our Image Activation reimages, continue introducing innovative products and complete our System Optimization initiative.”
The Wendy’s Company – Live Stock Market Data